Wrangell Sentinel -

Most everyone is familiar with how insurance deductibles work: You cover the first dollars out of pocket and then, when the expenses reach the threshold under your policy, the insurance kicks in and pays the bills.

The thresholds vary by policy and the damage incurred, but the idea is that property owners, vehicle owners, business owners and people needing medical care can better afford to handle several hundred or even several thousand dollars in costs, knowing their insurance will cover the really big numbers.

It makes sense, sparing people and businesses who are not at fault of costly repai...