New York Times  Mar 9  Comment 
The I.R.S. says that if the loan is used for home improvements, you can still claim the deduction. But if you’re paying off credit card debt, you can’t.
Forbes  Nov 30  Comment 
Although high-deductible health plans were supposed to put people in charge of their own health costs, it still isn't working out that way.
Insurance Journal  Nov 29  Comment 
More and more Americans have health insurance that requires them to open their wallets for the first few thousand dollars’ worth of care they receive every year, before the insurance coverage kicks in. But a new study suggests that despite …
Clusterstock  Sep 28  Comment 
This story was delivered to BI Intelligence "Fintech Briefing" subscribers. To learn more and subscribe, please click here. US insurtech Lemonade, which offers renters and homeowners insurance online and via mobile, has   announced a new...
Insurance Journal  Sep 19  Comment 
With many agents currently assisting clients in determining if they have claims and the insurance claim filing process in the aftermath of Hurricane Irma, one most common question received by the Florida Association of Insurance Agents has been:...
Forbes  Sep 10  Comment 
The push toward high deductible health plans has hit nearly 25 million American workers as cost-shifting at U.S. employers escalates  Aug 5  Comment 
In November 2015, Tina Heck was in her garage lifting 40-pound bags of wood pellets to fuel her heating stove, when something went very wrong with her back.
Motley Fool  Aug 1  Comment 
When you're shopping for health insurance or using your coverage, what are the costs you'll have to pay? Learn the difference between deductible, co-pay and co-insurance to find out how to determine total expenditures.


A deductible is the amount that a policy holder is responsible for paying per accident before his/her insurance policy kicks in. Deductibles vary by state, but are most often specified in amounts of $100, $250, $500 or $1,000. For most insurance companies, the higher your deductible, the lower your premiums. In other words, if you're willing to pay higher out-of-pocket costs, you can lower the total cost of your insurance. For example, if you are in an accident that causes $7,500 worth of damage and your deductible is $500, you are required to pay $500 before your insurance company takes care of the remaining $7,000.

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