Often, insurance companies consider the amount of your deductible the amount you, as the property owner, must take responsibility for to receive coverage. That does not necessarily mean that you will have to pay out that exact amount. Instead, the insurance company will evaluate the damage to your property, then subtract your deductible.
The insurance company will then provide you with payment for the amount over the deductible that you deserve for the damage to your property, regardless of what you pay. However, you may struggle to effectively repair your property for less than the amount initially established.
Typically, if you suffer damage to your vehicle in an accident caused by another driver, that drivers policy will not include a deductible that you have to pay. However, you may have to cover your deductible if you need to use your underinsured motorist coverage to pay for additional damage to your vehicle, or if you need to use your uninsured motorist coverage to pay for the full cost of those damages.