I am a NJ Agent who has served as an Expert in quite a number of cases involving Property & Casualty, Life, etc. I am not sure if I am qualified for your matter, but I would like to discuss it with you. If I can't help, I may know another experienced Expert who can. Martin Lebson (201) 661-2478 ...

You are correct, not crazy. In all cases that I am familiar with, the deductible comes off the loss, not the limit. If that were not the case, would't the coverage be maximim $99,999.?