What does insurance deductible met mean?
Where you see it on a roof claim
The adjuster's estimate ends with a summary, often in this order:
- Replacement cost value: the full cost to repair or replace the damage.
- Less recoverable depreciation: the amount held back until the work is done, on replacement cost policies.
- Less non-recoverable depreciation: depreciation you will never receive, on actual cash value terms.
- Less deductible: your share.
- Net claim: what the first check pays.
Once the deductible line is applied, the deductible for that claim is satisfied from the insurer's side. You meet it in practice by paying that amount to your contractor as part of the job.
It does not carry over
A homeowners deductible met on one claim does not count toward the next. A second storm months later starts again with a full deductible.
When a roofer asks if it is met
Contractors sometimes ask whether you have paid your deductible yet. They mean whether you have paid your share of the contract price. The answer should match the deductible on the estimate summary.
A deductible cannot be met for you
In Georgia, a contractor cannot waive, absorb or rebate the deductible, so it is never met by a discount or rebate. See can a roofer pay your deductible, reading the estimate and recoverable depreciation.