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Disappearing deductible is a feature of some car insurance policies. This allows the deductible to diminish or vanish over time if no claims are filed. This aspect rewards policyholders who maintain a safe driving record.
By reducing or eliminating the deductible, policyholders benefit by having to pay less out of their own pocket in the event of a demand.
It is important to note that the exact conditions of the disappearing deductible, including vanishing deductible, diminishing deductible, or comprehensive and collision deductible, may vary depending on the insurance company and the specific policy.
At PSIC, disappearing deductible coverage provides a unique benefit for you, where your self-insured retention can decrease or even disappear over time as long as you keep a clean driving record with no accidents or traffic violations. This applies to Motorcycle insurance.
This optional endorsement serves as a reward for responsible driving behavior and can result in substantial savings in the event of a claim, reducing your financial responsibility in the form of a lower or eliminated deductible.
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5515 E. La Palma Ave. Ste. 150, Anaheim, CA 92807
Copyright © McGraw Insurance Services, L.P., Delaware L.P., 5515 E. La Palma Ave. Ste. 150, Anaheim, CA 92807, License 0K06900 / National Producer No. 17486061 The insurance policy, not the contents of this website, forms the contract between the insured and the insurance company. The policy may contain limits, exclusions and limitations that are not detailed on this website. Coverage may differ by state.
Privacy Notice at Collection for CA employees
Last updated: June 27, 2023
We take the privacy of our employees and applicants very seriously. Please read this notice carefully as it contains important information on the personal information that we collect, why we collect it, how long we keep it, and that it is not sold to third parties.
Other terms used but not defined will have the meaning set forth in the CCPA, as amended by the CPRA, Cal. Civ. Code §§ 1798.100—1798.199.100, and accompanying regulations set forth under Cal. Code Regs. tit. 11, § 7000 et seq.
Categories of Personal Information Collected
Purposes for Collecting and Using Your Personal Information
Managing Human Resource Functions:
Conducting business operations:
Monitoring:
Compliance with:
Investigating:
We will not retain your personal information for longer than necessary for the purposes set out in this notice. Different retention periods apply for different types of personal information.
When it is no longer necessary to retain your personal information, we will delete or anonymize it.