Can a deductible be paid in payments?

When it comes to home insurance, the deductible is the amount of money you must pay for repairs before your insurance company pays for your claim. Unfortunately, in most cases, you have to repair the damage to your home before you receive the full amount of the claim payment from the insurance company.   Typically you will receive two payments from the insurance company, the first payment will be for the actual cash value (reduced depreciation for age or usage), and the second payment will be for the full repair or replacement cost if available depending on the coverage you purchased on your home insurance policy.  If you can not afford to pay the deductible in full to repair the damage, you may need to obtain a loan from a bank or a family member to complete the claim process.