Buy insurance with no deductible

Amazon stipulates that the deductible shall not exceed $10,000 and shall be stated in the insurance policy. The deductible is the amount of compensation agreed upon by the seller and the insurance company. For example, Xiao Ming bought an insurance with a deductible of $8,000. When the amount of compensation required for the loss is $20,000, Xiao Ming will bear $8,000 and the insurance company will bear $12,000. If Xiao Ming does not have a deductible insurance, all $20,000 will be borne by the insurance company. If the product risk is low, the seller will usually choose a deductible because the premium will be much cheaper.