Question

Your auto insurance policy has a $200 monthly premium and $700 deductible. What is the maximum amount you will have to pay out-of-pocket for a car accident before your insurance covers your costs? A $200 B $500 C $700 D $900

Answer 1

c 700 because its your deductible that's how much you will have to pay in order for the insurance comp to make money

Answer 2

Maximum amount you will have to pay out-of-pocket for a car accident be $700 .

Step-by-step explanation:

Definition of deductible

Deductible is the amount paid by the policy holder before an insurance company will pay any expenses.

Therefore $700 be the maximum amount you will have to pay out-of-pocket for a car accident before your insurance covers your costs .