COVID-19 NOTICE: Due to the current Pandemic, we will be limiting public access to our offices.

We are still working to service your insurance needs, but please contact your broker by phone or email only.

Disappearing Deductible

A disappearing deductible is a dollar amount deducted from the amount of loss which is reduced as the loss increases and disappears entirely to provide full coverage when the loss reaches a certain specified figure. Deductible amounts vary from $500.00 to $5,000.00, and the limit at which the deductible disappears is usually between $5,000.00 and $25,000.00. disappearing deductible plans are principally associated with fire policies which thus qualify for reduced rates.