Skip to main content
Confirm your region:

How Deductibles Work

How Deductibles Work

Bread Crumbs

How deductibles work

The deductible on your business insurance is the amount you pay towards repairs or replacement in case of damage or theft.

If you choose a higher deductible in return for a lower premium, it saves you money. The tradeoff, however, is the risk of having to make a claim and pay the higher deductible amount.

Talk to your broker about the right insurance coverage and deductible amount for your business.

By continuing to browse this site, you agree to our Terms of UseThis link will open in a new window. and with our Privacy PromiseThis link will open in a new window..