Does the agreed price for repairs take into account the insured's deductible?

In the context of automotive damage appraisal and insurance claims, the agreed price for repairs typically does not take the insured's deductible into account. The deductible is the portion of a claim that the policyholder is responsible for paying out of pocket before the insurance coverage kicks in.

When an appraiser assesses the vehicle damage and arrives at a repair cost estimate, that figure represents the total cost of the necessary repairs. Under normal circumstances, this amount is separate from the deductible. For instance, if a car needs $2,000 in repairs and the insured has a deductible of $500, the insurance company will pay $1,500 after the deductible is applied. This means the appraised cost of $2,000 is what needs to be covered for repairs, without factoring in how much the insured will ultimately receive after accounting for the deductible.

In essence, the focus is on the actual repair costs, and deductibles are treated as a separate issue during the claims process. This understanding is crucial for both appraisers and insured parties.