Single Deductible Endorsement Benefits
When you have an accident and sustain damage to your tractor, trailer, and cargo, you may have as many as three deductibles that apply. And, if you pull doubles, you could have up to five deductibles. Great West’s single deductible allows you to have one deductible, reducing your out-of-pocket costs.
Single Deductible Endorsement Example
For example, in a typical situation, you could have a deductible of $2,500 on your tractor, a deductible of $2,500 on your trailer, and a cargo deductible of $2,500. If it were a covered loss, instead of $7,500 in deductibles that could apply in this claim, Great West’s single deductible would use the highest of the available deductibles - in this case, $2,500.
Great West includes Single Deductible coverage as part of our regular package policy at no extra charge to you. Contact your Great West agent for more information.This summary is intended for informational purposes only and does not replace or modify the definitions or information contained in any insurance policy or declaration page, which controls all coverage determinations. Terms and conditions may vary by state, and exclusions may apply.