Coverage Details and Deductibles
How liability, physical damage coverage, and deductibles work on the TeqMobility platform.
Auto Liability Overview
Auto Liability coverage may apply to third-party bodily injury and property damage, subject to the terms, conditions, and limitations of the applicable carrier-issued policy.
Physical Damage Overview
Physical Damage coverage may apply to covered vehicle losses such as theft, vandalism, or collision, in accordance with the carrier’s policy terms and eligibility requirements.
Deductible Options by Vehicle Value
Deductibles are set by the applicable carrier-issued policy and currently include:
- $2,500 for vehicles valued up to $50,000
- $5,000 for vehicles valued from $50,001 to $110,000
Deductibles outside these options are not available.
Deductibles Not Offered
Deductibles are set by the applicable carrier-issued policy. Deductible amounts lower than those listed above are not available under the current carrier program.
Can I Change My Coverage?
Requests to update coverage selections must be submitted by email to support@teqmobility.com.
TeqMobility facilitates the request process and will guide you through the applicable steps. Any changes to coverage are subject to the terms, conditions, and eligibility requirements of the applicable carrier-issued policy and require carrier review.
TeqMobility does not determine coverage availability, approve coverage changes, or make coverage decisions.