Question

A deductible is

a) The discount you deduct from your premium
b) The amount you pay when you file an insurance claim
c) The amount that is deducted when you buy a policy
d) The discount received by a health care provider

Answer 1

Answer:B

Step-by-step explanation:

A deductible is the amount you owe before insurance pays. Example: If your car insurance has a $500 deductible and you have a fender bender (wreck) let’s say it will cost $2,000 to fix your car. You will pay the $500 deductible and your car insurance company will pay the remaining $1,500