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UNDERSTANDING WAIVERS OF DEDUCTIBLE IN HOME INSURANCE

June 25, 2019 | 124 views

UNDERSTANDING THE WAIVER OF DEDUCTIBLE CLAUSE
Its likely that you have already determined your deductible on your home and auto insurance policies. But what do you know about the waiver of deductible clause? The waiver of deductible is a clause in your insurance policy that lists situations where you will not have to pay the deductible in the event of a claim. The large losswaive of deductible is based on the dollar value of the claim. If the claim exceeds a certain value, the deductible could be waived based on your policy wording and conditions.

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