What is an insurance deductible? - Progressive An insurance deductible is the out-of-pocket amount your insurance company requires you to pay when a covered incident occurs Depending on the policy type — homeowners, renters, auto, or health — you may have to pay more than one deductible You typically get to choose your deductible amount when you purchase the policy Selecting a higher deductible can reduce your rate, and selecting a
Claims FAQ - Progressive Claims FAQ Get the answers you need when filing a claim Check out what questions other people are asking about their claim Filing a car insurance claim can be a difficult process, and you’re not the only one with questions about the way things work Below are answers to some frequent questions that might help when you’re filing your own claim If you don’t see the answer you’re looking
What is a homeowners insurance deductible? - Progressive Your homeowners deductible is what you pay "out of pocket" for a loss or repair that's covered by your policy If you have an approved claim, your homeowners insurance company subtracts your policy's deductible from the total amount of your claim payout The amount of a homeowners insurance deductible varies depending on your policy and generally ranges between $500 and $5,000 or more
Collision vs. Comprehensive Insurance | Progressive Comprehensive vs collision deductible Since they're different coverages, you can choose different car insurance deductibles for your comprehensive and collision coverages So, if you want lower out-of-pocket costs for a collision claim, you can choose a lower collision deductible than your comprehensive deductible
What is a hurricane deductible? - Progressive A hurricane deductible is a separate deductible you would pay out-of-pocket toward a hurricane-related loss before receiving a claim payout from your insurance company Not all homeowners insurance policies carry this type of deductible, but it's important to know if you have a separate wind and hail deductible or hurricane deductible, in the event you need to make a claim
What is a Disappearing Deductible? | Progressive A vanishing deductible, also referred to as a "disappearing deductible" or "diminishing deductible," is an incentive or optional coverage offered by some insurers to reward accident-free or ticket-free drivers With this option, your deductible decreases or "vanishes" the longer you drive without an accident or violation Progressive offers disappearing deductibles for car, RV, motorcycle, and