anthony caused a minor accident when he hit another car. anthonys insurance company said that he needed to…

anthony caused a minor accident when he hit another car. anthonys insurance company said that he needed to pay $500 before they could pay the claim. what does the $500 most likely refer to in this insurance policy? select a response. his comprehensive insurance his homeowners insurance his health care copay his auto insurance deductible

anthony caused a minor accident when he hit another car. anthonys insurance company said that he needed to pay $500 before they could pay the claim. what does the $500 most likely refer to in this insurance policy? select a response. his comprehensive insurance his homeowners insurance his health care copay his auto insurance deductible

Answer

Brief Explanations:

Anthony had a car - related accident. The amount he needs to pay before insurance pays is a deductible. Auto insurance deductible is the amount the policy - holder pays out - of - pocket before the insurance company starts covering costs. It's not comprehensive insurance (a type of coverage), not homeowners insurance (for homes), and not a healthcare copay (for medical services).

Answer:

His auto insurance deductible