When you have a claim, the deductible is the amount you’re responsible for paying.  
  
For example, you have a $2,000 deductible and a fire causes $10,000 of damage to your home. You’d be responsible for paying the first $2,000 of the claim and we’d pay the rest (up to your policy limits). If a loss is less than your policy deductible, it’s not covered by your policy and you’d have to pay out of pocket. 
  
If you want to lower your insurance rates, you can choose a higher deductible. Just remember, this means you’ll be responsible for paying more in the event of a claim. 
  
If more than one deductible applies to a covered loss on the same policy, only the highest deductible will be applied to the loss. This doesn’t apply if the damage is due to an earthquake.