question 3 of 3\nanthony caused a minor accident when he hit another car. anthony’s insurance company said…

question 3 of 3\nanthony caused a minor accident when he hit another car. anthony’s 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?\nselect a response.\nhis comprehensive insurance\nhis homeowners insurance\nhis health care copay\nhis auto insurance deductible

question 3 of 3\nanthony caused a minor accident when he hit another car. anthony’s 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?\nselect a response.\nhis comprehensive insurance\nhis homeowners insurance\nhis health care copay\nhis auto insurance deductible

Answer

Brief Explanations:

A deductible is the amount an insured person pays out - of - pocket before the insurance company starts paying on a claim. Since it's a car accident and Anthony has to pay $500 before the insurance company pays the claim, it's an auto insurance deductible. Comprehensive insurance covers non - collision events like theft or natural disasters. Homeowners insurance is for home - related losses. Health care copay is for medical services.

Answer:

D. His auto insurance deductible