228k views
17 votes
The maximum amount you must pay before your homeowners insurance

begins to pay is your_
OA. deductible
OB. copayment
OC. credit limit
OD. premium

the answer is A. deductible

User Hanniel
by
8.1k points

1 Answer

6 votes

Answer: A. deductible

Explanation: It can not be premium, as that is what you pay monthly for insurance. Credit limit is the maximum amount of money your allowed to spend monthly on a credit card. A copayment is what is spent out of pocket on a service that is typically covered by insurance. Deductible is what you must pay before receiving insurance coverage.

User Badoe
by
8.0k points
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.