Fusco & Orsini Insurance Services

What is a deductible?

The amount you pay for something before the insurance company kicks in to pay for the rest. For example, if you have a $1,000 deductible and you cause an accident that results in $2,500 worth of damage, you would pay $1,000 (your deductible) and the insurance company would cover the remaining $1,500.


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Michael is the author of this solution article.

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