Insurance Term:

Co-insurance

Co-insurance

Co-insurance is the percentage of costs you will pay on a claim after you’ve paid your deductible.

How much co-insurance is recommended?

The amount of co-insurance you choose depends on how much you want to be responsible for paying out of pocket. For instance, a policy could be 80/20, meaning you would pay 20 percent and the insurance provider would pay 80 percent of costs. A lower co-insurance typically results in a lower monthly premium.


Back to all
Subscribe to our newsletter
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.