Insurance Deductible Explained



If you have insurance you probably know you have a deductible, but what does that mean? Almost all insurance policies; be it …

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Foopock

What?

Lo Mein Bullies

Nice ad

Lo Mein Bullies

Aka: make it confusing as possible so the customers don’t realize it’s a scam. “I can’t math right now you’re just going to have to trust me” should be the slogan of every insurance company paid co-pays and deductibles is just another way to disguise that they’ve been taking $150 a month from you for five years until you finally needed the insurance and out of all the tens of thousands of dollars you’ve paid them they can only offer you $1500 on a repair or healthcare 🖕🏼🖕🏼

12vLife

if Gieco's site say estimate is ready but has this footnote "The estimated repair cost includes your deductible".. do I need to subtract my deductible to see what amount the check will be for?

Matthew Sutton

This explained nothing

Paulie Boy

Insurance companies are awful. They have made healthcare a fucking joke in America.

Benjamin Mesa

So, my health insurance totals to about $6,000 a year. My deductible is $3,000. Explain to me why I have to pay that at all? It doesn’t really make sense at the end of the day. The doctors should be the ones who determine whether or not I am, “abusing” my insurance, not the insurer. Complete horse shite.

Kanyakorn Brewer

Try to listen but the sound music you put on made if difficult to listen !!

anonymous af

i'm not sure if anyone is gonna read this, but i found this article kinda…sorta helpful. it explains a deductible dumbed down to a primary grade lol. https://www.majohub.com/2020/04/04/car-insurance-how-does-500-vs-1000-deductible-work/

Praveen Shrestha

That girl ai the end 😲

Gabriel Luna

When a driver pays, for example, $160 month for a full coverage insurance for a whole year or years and there aren't any accidents, where does all the money go? They will never give you a refund if you decided to cancel right? Even if there was an accident and your insurance company still makes you pay a deductible after years of paying high insurance, I believe that isn't right. Big scam.

Emery Grusnick

What's the point of having insurance if you still have to pay money so I pay for insurance just to pay money for something else makes sense.

herbankidd

Lol insurance is such a scam

Miljan Djukanovic

Do I have to pay deductables if I wasn't at fault? Like if someone scratched my car?

darksideofthemoon

Deductablea r just there to fuck ppl over. Insurance is a total scam. Just get a bond, its way cheaper and no more paying a monthly fee bullshit.