What is an insurance deductible?
What is an insurance deductible?
user
A deductible is a fixed amount of money that you must pay before the insurance pays its share of a bill.  It is typically added to a monthly bill to make it an even more attractive price for you to use.
assistant
So it is what you pay out of pocket before the insurance kicks in?
user
Yes, that’s right.
assistant
Is it usually a lot of money?
user