Awasome What Does A 100 Dollar Deductible Mean References. What does deductible plus 30% mean? 4.7/5 ( 51 votes ) the amount you pay for covered health care services before your insurance plan starts to pay.
A $500 deductible means you’ll pay $500 out of pocket after an accident, and your insurer will pay for the rest of the damages up to your policy limits. A car insurance deductible is the amount of money you have to pay toward repairs before your insurance covers the rest. Bumping a $500 deductible up to $1,000 will give you a better discount than increasing a $1,000 deductible.