What is an insurance deductible waiver?

An insurance deductible waiver is a type of benefit that you can get through an insurance policy in Mississippi. It means that if you make a claim for a particular kind of loss or damage, the insurance company will waive the deductible you would normally have to pay. In other words, they will cover the entire cost of the claim without deducting the deductible amount from the payout. This waiver helps to keep your costs down and makes it easier for you to make claims and get the compensation you need. The waiver may only be applied to certain types of claims, so it is important to check with your policy provider to find out what is covered. Generally, you can usually get a deductible waiver for major home repairs, auto repairs, or medical expenses.

Related FAQs

What is an insurance lien?
What is an insurance fraud investigation?
What is required for an insurance company to act in good faith?
How is an insurance claim payout determined?
What is the statute of limitations for filing a liability claim?
What happens if my insurance claim is denied?
What is an independent adjuster?
What is a self-insured retention (SIR)?
What is a breach of contract claim?
What is a reasonable period of time for an insured to submit an insurance claim?

What is an insurance deductible waiver?

Related FAQs

Related Blog Posts