Ask Sawal : Question Answer Forum

What is aop deductible in property insurance?


Asked By: Jay Bath



Report
Share on Facebook
Tweet on Twitter
Share on Linkedin
Share on Reddit
Share on Whatsapp


6 Answer(s) Available

Health And Safety Adviser Continuous Improvement Medical Device Real Estate Hris Hyderabad India


The All Other Peril, or AOP, deductible is usually a flat dollar amount. The AOP deductible applies to covered damages to your property such as lightning, fire, hail, vandalism, and theft to name a few. This deductible applies per occurrence.

Report
71

Pharmacist Ibm Change Management Bangalore India


Deductibles: All Florida homeowners policies have two deductibles, the All Other Perils (AOP) deductible and the Hurricane deductible. AOP Deductible.

Report
3

Sales Representative (Computers) Continuous Improvement Project Management Skills Meerut India


Policies will list a standard homeowners insurance deductible, often termed the All Other Perils (AOP) deductible. The most common AOP

Report
3

Studied Politics of India & Political History of India Internal Customers Sacramento United States


The AOP deductible, or "all other perils" deductible, is the standard homeowners insurance deductible that you pay for a covered loss before your insurance carrier pays the remaining portion of your claim. For example, if you have a $5,000 insurance claim with a $500 deductible, you must first pay the $500.

Report
1

Civil Engineering, Dr. B. R. Ambedkar National Institute of Technology, Jalandhar Information Security Louisville United States


AOP Deductible. The amount of money, per claim, that you are responsible for covering. Deductibles only apply to approved claims. If you have a $1,000 deductible and a claim is approved for $20,000, Your insurance company will cover $19,000 of it.

Report
1

Studied at National Institute of Fashion Technology Blogger, Video Editor New York United States


An All Other Perils (AOP) deductible is nearly always in place on a homeowner's insurance policy. It is a fixed number. For example, if a loss occurs, and you

Report
1


Related Questions

Login


Lost Password!

Create Account