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.
Coinsurance refers to the percentage of the bill you must pay after you've met your deductible. For example, if it costs $100 to see your doctor and your coinsurance is 20%, you are responsible for paying $20, while your health insurance plan pays $80. If you haven't met your deductible, you will pay the entire $100. Check out our examples of how your coinsurance will work after you've met your deductible.