The part of a loss you agree to carry yourself under the contract: the insurer does not reimburse it, and in exchange the policy costs less.
A repair after a crash cost 4,200,000 UZS, and the insurer paid out 3,700,000. The owner covered the remaining 500,000 himself, exactly as the contract said he would: the policy carried a deductible — the share of the loss he had agreed upfront to keep.
In short:
The Uzbek law "On insurance activities" describes a deductible as the part of the policyholder's loss that the insurer does not cover under the contract. In practice it is the amount you pay out of pocket before the insurer steps in.
It can be set two ways: as a percentage of the sum insured, or as a fixed amount in UZS. The law splits deductibles into conditional and unconditional, and a contract may add other types — a waiting-period deductible, for example. Which one applies to you is decided by your contract: there is no single answer to "how a deductible works".
Think of it as a trade. You keep part of the risk, so the insurer charges less for the rest. The higher the deductible, the lower the premium.
An unconditional deductible is always subtracted from the payout. A loss of 3,000,000 UZS with a 1,000,000 deductible pays you 2,000,000. A loss of 800,000 pays nothing, because it falls below the deductible.
A conditional deductible works as a threshold. With the same million: a loss of 800,000 pays nothing, while a loss of 3,000,000 is paid in full, with nothing deducted. It filters out small claims but behaves as if it were not there once the loss is large.
The difference only becomes visible on a big claim: with an unconditional deductible you always carry your share, with a conditional one you carry it only while the loss stays under the threshold.
This one is measured in days, not money. A waiting-period deductible is the stretch of time after payment during which the insurer's obligations have not started yet.
In Euro KASKO it is 3 calendar days from the moment the premium is paid; the basic accident policy uses the same 3 days, and solar panel insurance uses 7 calendar days. Buy a policy and have an incident on day two, and it is not covered — that is not a technicality, it is a written condition of the contract.
One detail worth knowing: EUROASIA offer documents call it a "waiting (conditional) deductible". If you compare your policy with a textbook, that wording can trip you up — mechanically it is a waiting period, not a money threshold.
These three are easy to confuse, though they work from opposite ends.
An example: the sum insured is 100,000,000 UZS and the deductible is 1,000,000. A 500,000 loss is yours to pay. A 150,000,000 loss pays out 100,000,000 — the ceiling stops it there.
Treating the deductible as a penalty. You were already given a discount on the premium for that condition when you bought the policy — it is not a sanction.
Chasing the cheapest policy. A low price often means a high deductible: you still pay, only at the moment when money is tight anyway.
Confusing "no payout" with a refusal. If the loss is smaller than the deductible, there is simply nothing to subtract: the indemnity does not arise arithmetically. The event itself may still be recognised as insured.
Forgetting the waiting days. The waiting-period deductible stings the most: the policy is in your hand while cover has not begun.
Sum insured — the limit within which the insurer undertakes to pay under the contract.
Indemnity — the money paid out after a recognised insured event.
Insured event — an event listed in the contract that creates the right to an insurance payout.
Loss — the actual damage figure, from which the deductible is then subtracted.
Anyone choosing a policy by price. The gap between two quotes usually sits in the deductible rather than in how generous the insurer is. It matters most to owners of cars, electronics and commercial property: that is where deductibles appear most often and shift the final damage compensation the most.
A car owner bought KASKO with an unconditional deductible of 500,000 UZS, which made the policy noticeably cheaper. Two things happened that year: first a scratched door with a 400,000 repair, then a serious crash with a 4,200,000 repair.
The first claim paid nothing — the loss was below the deductible. The second paid 3,700,000, the loss minus the deductible. Over the year the owner saved on the premium, covered the small repair himself, and received money where the amount actually hurt. That is what a deductible is for: you decide in advance which risks you keep, and you pay less for the policy. To work through the rest of the conditions, see the guide on what KASKO covers.
Nodira from Tashkent insured a new laptop under purchase protection. Six months later it was water-damaged and the repair was assessed at 2,000,000 UZS.
The contract carries an unconditional deductible of 20% of the loss. The insurer paid 1,600,000 UZS and Nodira covered the rest herself — which she knew about when she bought the policy.
Aziz from Samarkand bought Euro KASKO and scratched a wing in a car park the very next day.
The contract has a waiting-period deductible of 3 calendar days from the premium payment. The incident fell inside that window, so it is not covered. This is not a refusal to recognise the event, but a condition about when cover starts — worth checking before you buy.
Bekzod from Andijan bought KASKO with an unconditional deductible of 500,000 UZS to make the policy cheaper. Later he scratched a door and the repair cost 400,000 UZS.
There was no payout: the loss is smaller than the deductible, so there is nothing to subtract. Bekzod paid for the repair himself but paid less for the policy all year. That trade-off is what you should calculate when choosing the size of a deductible.
This is a road incident in which harm was caused to people, vehicles, roads, structures, or other property.
This is a simplified procedure for recording a traffic accident without calling traffic police, when the drivers themselves document the circumstances for insurance settlement.
KASKO is insurance that protects not someone else’s car, but your own. Put very simply, it is like a financial safety cushion for your vehicle: if there is an accident, a broken window, parking damage, a fallen tree, or even theft, the insurance company can take on part of the big expenses. The main idea is simple: KASKO helps you avoid facing major car-related costs alone.
Motor third-party liability is your responsibility to other people if, because of your actions on the road, their car, property, health, or life is harmed. Put simply, it is a rule for situations where a driving mistake leads to someone else’s loss. The main idea is simple: this responsibility exists so that the injured party is not left without compensation, and the driver at fault does not have to handle everything alone out of pocket.
Insurance for a car loan is protection connected not just with the car itself, but with buying that car on credit. Put very simply, the bank gives money for the vehicle and wants to be sure that both the car and the repayment process remain protected. That is why insurance often comes together with a car loan: it helps reduce risks both for the bank and for the borrower if something serious happens to the car.
This is a modular car insurance product in which the vehicle owner chooses which parts of the car and which risks to insure.
Our experts will help you choose the best insurance coverage
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