question 3 of 6\nanthony caused a minor accident when he hit another car. anthonys\ninsurance company said…
question 3 of 6\nanthony caused a minor accident when he hit another car. anthonys\ninsurance company said that he needed to pay $500 before they could pay the\nclaim. 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:
- Comprehensive insurance covers non - collision incidents (e.g., theft, vandalism), not a collision like hitting another car.
- Homeowners insurance is for home - related property and liability, not car accidents.
- A health care copay is related to medical services, not car insurance claims.
- An auto insurance deductible is the amount the policyholder pays out - of - pocket before the insurance company pays the claim. Since this is a car accident and Anthony pays $500 before the claim is paid, it fits the definition of an auto insurance deductible.
Answer:
His auto insurance deductible