An ‘Insurance Deductible’ is a specific amount the insured must pay before the insurance carrier remits payment. Or, it is the total amount withheld from an insurance payout.

These three deductibles apply to your policy

1. Standard Domestic Deductible: This deductible can be determined while applying. The deductible options are $250, $500, $1,000, $2,500 & $5,000. This deductible applies to all claims occurring within the United States, and not arising from theft from a vehicle.
2. International Deductible: this deductible can be determined by the policyholder between $1,000, $2,500 or $5,000. It applies to all claims arising internationally
3. Theft from a Vehicle Deductible: this deductible can be determined by the policyholder between $1,000, $2,500 or $5,000. It applies to all claims arising from theft from a vehicle.

Additional information

• If more than one deductible apples, the larger of the two will be applied to the claim
• Selecting a higher deductible for either/both of the customizable deductibles will result in a premium discount
• Selecting a lower deductible for either/ both of the customizable deductibles will result in a premium increase
• Deductibles apply per claim, not per policy
• Before filing a claim check that your total loss exceeds your deductible amount

** If you will not leave the country during your policy, lower your premium by increasing your International Deductible to $5,000.