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.
Your deductible, coinsurance, and copay are considered out-of-pocket costs. In other words, they are health care expenses that you are responsible for. However, the ways in which they function are much different. A deductible is the total amount that you must pay before your insurance company begins contributing. For instance, if you have an insurance plan with a $2,000 deductible, you will be responsible for 100% of your healthcare costs until those costs reach $2,000.