Question

Simple Personal fianance

Alex back into a light pole and damaged his bumper. he decided to file a claim for the body damage. what deductible would he have to pay before he receives a payment from the insurance company?

A. he would not have to pay any deductible because he was not at fault

B. Premium

C. Collision

D. Comprehensive


I was between B and C

Answer 1

The answer is : Collision

Explanation:

Alex would have to pay collision deductible before he receives a payment from the insurance company.

A deductible is any amount that you have to pay out of pocket when you make a claim.

Collision deductible comes to effect when your vehicle is damaged in an accident. This pays the cost of repairing the vehicle minus the amount of your deductible.