in what way does a deductible help an insurance company? it adds to the companys pool of funds. it increases…

in what way does a deductible help an insurance company? it adds to the companys pool of funds. it increases consumers insurance premiums. it lowers the payout the company has to make. it reduces consumers co - payments.

in what way does a deductible help an insurance company? it adds to the companys pool of funds. it increases consumers insurance premiums. it lowers the payout the company has to make. it reduces consumers co - payments.

Answer

Brief Explanations:

A deductible is the amount a policy - holder pays out - of - pocket before the insurance company starts paying. By having a deductible, the insurance company pays less in claims as the policy - holder covers some of the initial costs.

Answer:

It lowers the payout the company has to make.