4 questions and answers
What is a "franchise"?
Franchise fee is the amount you will bear out of your pocket 💰 in case of damage. 😮The advantage of insurance with franchise fee is that it reduces the value ...
What is the difference between franchise and franchise?
➤⠀franchise represents a type of contract found in the field of property law. Through this, a person (called franchisor) grants to another ...
Can the franchise be negotiated?
The deductible amount may be:➤⠀imposed by the insurance company;➤⠀or it can be negotiated at the moment when you conclude the insurance policy.
How many types of franchise exist?
Franchise can be established:➤⠀as a fixed value;➤⠀or as a percentage of the insured amount or of the damage.