Deductible

Definition

Deductible refers to an important aspect of an insurance policy.

Why It Matters

Understanding Deductible helps you make informed decisions about your insurance coverage and potential costs.

Local Relevance

Although this term applies universally, we often discuss it with clients in galveston to help them better understand their coverage needs in a coastal environment.

Example

For example, if you experience a covered loss, knowing how deductible applies can make filing a claim easier.