The portion of a covered loss you pay before coverage pays the rest.
Word of the day
Declarations Page
The summary page listing who and what is covered, limits, and deductibles.
e.g. Checking the dec page is the fastest way to confirm a collision deductible.
Core vocabulary
Words on every policy.
- Deductible
- The portion of a covered loss you pay before coverage pays the rest.
- Premium
- The amount paid to keep a policy active for a set period.
"If you can say it simply, you understand it."
How it works
Three steps.
FAQ
Quick answers.
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