One of the most overlooked promotional opportunities for convenience retailersis a well-planned grassroots marketing program. Itâs easy to get excited abouta new trade area in the early stages of your grand opening, but itâs anotherthing to instill this excitement some two years later.
How do home insurance deductibles work? Most home insurance policies have a deductible, meaning the homeowner pays a certain amount before the insurance company pays any part of the claim. So if you have a $500 deductible, you'd pay $500 and the insurer would pay the rest of the claim amount.
A quick review â¦ Your deductible is the amount you pay out-of-pocket toward the amount of your loss. The insurance company then pays the balance. For example, letâs say you suffer $3,000 of damage to your home under a covered claim. And letâs say your deductible is $1,000. In this case you pay $1,000, and your insurance company pays the remaining $2,000.