quiz question 3 of 6 anthony caused a minor accident when he hit another car. anthonys insurance company…

quiz question 3 of 6 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

quiz question 3 of 6 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:

A deductible is the amount an insured person pays out - of - pocket before the insurance company starts paying. In a car accident situation like this, the $500 Anthony needs to pay is an auto insurance deductible. Comprehensive insurance covers non - collision events like theft or natural disasters. Homeowners insurance is for home - related losses. A healthcare copay is for medical services.

Answer:

D. His auto insurance deductible