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.

The ‘International’ Deductible applies to any claim arising outside of the United States. 

**If you are not traveling outside of the United States with equipment during your policy period, increase this deductible to $5,000.**

‘International’ Deductible

• This deductible can be selected by the insured while applying for a new policy. The deductible options are $1,000, $2,500 or $5,000.
• If this deductible is left at the standard $2,500 value, no change applies to premium.
• If this deductible is lowered to the $1,000 value, an increase will apply to premium.
• If this deductible is increased to the $5,000 value, a discount will apply to premium.
• Bear in mind that the deductible must be paid by the policyholder in the event of a loss, before the insurance carrier steps in. If you are increasing your deductible, be certain you are ready to pay the deductible in the event of a loss.

Additional information

• If more than one deductible apples, the larger of the two will be applied to the claim
• Deductibles apply per claim, not per policy
• Before filing a claim check that your total loss exceeds your deductible amount