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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?

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?
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4 votes
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?

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User Shriram
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7.8k points

2 Answers

3 votes
Your answer should be B... hope I helped :)
answered
User Autobiographer
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8.0k points
4 votes
Insurance coverage is the amount of risk or liability that is covered for an individual or entity by way of insurance services.

Therefore you should expect to pay the insurance company $300 monthly for coverage.
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User Pietrovismara
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8.5k points
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