collision deductible

Definition

Amount an insured pays when claiming insurance for a collision damage. Usually it is a fixed sum, but may also be a percentage of the total claim amount. See also deductible.


collision deductible is...

... in the General, Marine, & Life Insurance subject.

Nearby Terms

Search volume for collision deductible

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z