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excess

Deductible and excess clauses in car insurance

May 15, 2023 by admin

A deductible is any expense in any insurance policy that the policyholder has to pay out of pocket before the insurer steps in to pay for the expenses. It is also used to describe any clause that is used as a policy payment limit. There are actually two types of such clauses in a car … Read more

Categories Automotive Tags deductible, excess, Insurance
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