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Your auto insurance policy has a $200 monthly premium and $700deductible. What is the maximum amount you will have to pay out-of-pocket for a car accident before your insurance …

Your auto insurance policy has a $200 monthly premium and $700deductible. What is the maximum amount you will have to pay out-of-pocket for a car accident before your insurance …
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4 votes
Your auto insurance policy has a $200 monthly premium and $700deductible. What is the maximum amount you will have to pay out-of-pocket for a car accident before your insurance covers your costs?

User Tim Lin
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1 Answer

3 votes
Because you have a $700 deductible you'll have to pay that first out of your own pocket
User Cmroanirgo
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8.3k points
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