Landslide - Deductible Clause Samples

The "Landslide - Deductible" clause defines the amount of financial responsibility the insured party must bear before the insurer covers losses specifically caused by landslides. Typically, this deductible is set as a fixed dollar amount or a percentage of the insured value and applies only to claims arising from landslide events, not to other types of losses. By establishing a clear threshold for coverage, this clause helps allocate risk between the insurer and insured, discourages minor claims, and ensures that only significant landslide-related damages are submitted for insurance reimbursement.