What is a deductible?

A deductible is a way that an insured shares in payment of a loss. Deductibles vary based on
the coverage amounts you have chosen on your policy. For example, if the loss is $2,000 and your deductible is $500, you will pay the first $500 and the insurance company will pay $1,500. Please see your policy for details by logging into BoundlessRider.com