Common use of Deductible Clause Clause in Contracts

Deductible Clause. Each occurrence causing loss or damage covered under this section shall give rise to a separate claim in respect of which the Insurer's liability shall be limited to the amount of loss or damage in excess of the Direct Compensation for Property Damage deductible, if any, stated in Section A.1 of Item 4 of the Policy or in the Declaration of Automobile Insurance multiplied by the percentage to which the transportation network driver of the automobile was determined not at fault for the accident under the regulations. The Insured is not permitted to sue anyone (for instance an at-fault motorist) to recover this deductible. If there is loss of or damage to both the automobile and its contents, the deductible will first be applied to the automobile loss or damage. If there is any remaining deductible, the remainder will be applied to the contents loss or damage. The deductible applies separately to each automobile that is insured.

Deductible Clause. Each occurrence causing loss or damage covered under this section shall give rise to a separate claim in respect of which the Insurer's liability shall be limited to the amount of loss or damage in excess of the Direct Compensation for Property Damage deductible, if any, stated in Section A.1 of Item 4 5 of the Policy or in the Declaration Certificate of Automobile Insurance multiplied by the percentage to which the transportation network driver of the automobile was determined not at fault for the accident under the regulations. The Insured is not permitted to sue anyone (for instance an at-fault motorist) to recover this deductible. If there is loss of or damage to both the automobile and its contents, the deductible will first be applied to the automobile loss or damage. If there is any remaining deductible, the remainder will be applied to the contents loss or damage. The deductible applies separately to each automobile that is insured.