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Your auto insurance policy has a $200 monthly premium and $700 deductible. What is the maximum amount you will have to pay out-of-pocket for a car accident before your insurance covers your costs? A $200 B $500 C $700 D $900

User Ebnius
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2 Answers

1 vote
c 700 because its your deductible that's how much you will have to pay in order for the insurance comp to make money
User CandidJ
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Answer

Maximum amount you will have to pay out-of-pocket for a car accident be $700 .

Step-by-step explanation:

Definition of deductible

Deductible is the amount paid by the policy holder before an insurance company will pay any expenses.

Therefore $700 be the maximum amount you will have to pay out-of-pocket for a car accident before your insurance covers your costs .

User Bottlenecked
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