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You have an insurance policy with a $300 premium and a $500 deductible. How much should you expect to pay the insurance company each month for coverage? A$200 B$300 C$500 D
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You have an insurance policy with a $300 premium and a $500 deductible. How much should you expect to pay the insurance company each month for coverage? A$200 B$300 C$500 D

User Bakaburg
by
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2 Answers

2 votes
B. $300. A deductible is only applicable if you are in an accident.
User Hakan Ensari
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7.8k points
0 votes
$300, a premium is a monthly payment and a deductible is a fee you must pay before you file a claim.
User Cauchi
by
7.0k points
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