How Do You Meet Your Deductible?
You meet the deductible during the claims process. Meeting the deductible means that you pay the amount of the deductible in the claim before the insurance company pays its portion.
For example, if the deductible is $500 and you have $3,000 in car damages, you would meet the deductible when you pay $500 to the auto body shop.
It is possible that you’ll pay for all the damages because the deductible is higher than the number of repairs. For example, if you file a claim and there is only $800 in damages, but your deductible is $1,000, you will not meet the deductible because it is a greater value than the claim. You will pay all $800 to fix the car and the insurance company will pay zero.