Common use of Deductibles, Coinsurance Penalties & Self-Insured Retention Clause in Contracts

Deductibles, Coinsurance Penalties & Self-Insured Retention. Recipient may maintain reasonable and customary deductibles, subject to approval by the City of Xxxxx. Recipient shall agree to be fully and solely responsible for any costs or expenses as a result of a coverage deductible, coinsurance penalty, or self-insured retention.