the.com/deductible
The toll you pay before insurance remembers it's insurance.
means The amount you cover out of pocket before your insurance starts paying for a covered claim.
from From Latin deducere, to lead away or subtract — literally the chunk led away from your payout before the insurer chips in.
Trade-offHigher deductible usually means lower monthly premiums.
ResetsMost reset yearly, so January claims hurt most.
Per-incidentSome plans charge it every separate claim, not annually.