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There are generally no deductibles for the liability portion of a homeowners or auto insurance policy. Instead, the deductibles apply to property damage. So, on in an auto policy, there is a deductible for the optional comprehensive or collision coverage, but not for the liability portion.
Best Answer: A deductible is a set dollar amount, that YOU are responsible to pay every year. You pay 100% of the deductible amount before your insurance will pay anything. The insurance company pays none of your deductible. The deductible is cumulative, & starts over at the beginning of each benefit year. Coinsurance is the portion/percentage you pay for medical services you receive. ie. your coinsurance may be 20%, Leaving the insurance to pay 80%. It simply refers to the percentage you pay for medical services. (After you pay 100% of the deductible, that is.).