the deductible is actually set my the insurance company who underwrites the policy not the carrier. Have auto insurance in most cases there is a deductible to pay. I agree it can be bothersome that if an indicator turns red it is automatically dubbed water damage personally I think that could be used as a quick check but that a more thorough check of the internals should be done before it is really declared water damage. Perhaps the indicators should be placed deeper ito the phone so as to not be set off by anything other than real exposure to moisture/water ie submerged or drenched in liquid