Understand your choices
Accident insurance deductibles for sports and recreation organizations commonly range from $0 to $500 per claim.
Accident Deductibles can result in significant premium savings. For example, going from a $0 to $100 deductible may result in a 20% discount on many Accident policies.
Reasonable deductibles on Accident policies can be beneficial to sports organizations. However, it should be explained to participants and/or parents that they are responsible for paying the deductible out of their pocket.
There are two types of common Accident deductibles under an Excess Accident policy: corridor and disappearing. A corridor deductible applies even if existing family health insurance has made payments on a primary basis. On the other hand, a disappearing deductible is satisfied to the extent that existing family health insurance has made payments.