Question

When filing an insurance claim the policyholder must pay a which is the amount you owe before insurance will cover the rest of the bill?

This key question is from jan pays $70 each month for her auto insurance policy. this regular payment is called a: subject

The question was posed to me in examination.

Other related questions to my question are:

When filing an insurance claim the policyholder must pay?

When filing an insurance claim the policyholder must pay the amount you owe before insurance will cover the rest of the bill quizlet?

What is the amount you owe before insurance?

What are taxes Everfi answers?

Answer 1

The correct answer is: A car insurance deductible is the amount of money you'll pay out of pocket for an accident before your insurance company pays the rest. For example, if you file a claim for $1,500 and you have a $500 deductible, you will have to pay the $500 deductible before your insurer will cover the remaining $1,000 balance.

The title of my answer is Car Insurance Deductibles: 2022 Guide

The reference of my answer is WalletHub