Deductible Liability Out-Of-Pocket Expense 
Freeway Insurance
OCTOBER 8, 2023
Right off the bat, you might have to pay your deductible, which is the amount you agreed to when you got your insurance. There’s also the possibility of shelling out money for a rental car and any immediate medical or car repair costs from your own pocket. These are called out-of-pocket expenses.
Jackson & Jackson
MAY 22, 2024
It covers property damage, loss of income, liability claims, etc. Additionally, it can provide coverage for business interruption, tenant improvements, and liability claims arising from third-party injuries or property damage on the premises. Additionally, investors can explore the option of higher deductibles to reduce premiums.
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