A deductible of 10% of the insured value is applied in the event of a claim, but this deductible differs slightly depending on the type of claim:
- In case of theft and total loss, this is a standard deductible with a minimum of € 50 and a maximum of € 200 per claim;
- In case of reparable material damage, it is an English deductible with a minimum of € 50 and a maximum of € 200 per claim.
An English deductible is the amount that remains payable by you if the damage does not exceed the amount of the deductible. In other words, if the repair of the damage costs you more than the excess, we will pay the full amount. On the other hand, if the repair of the damage costs you less than the excess, we will not compensate you.