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Author Question: If you have an accident resulting in $2,000 damage to your car and have $500 deductible collision ... (Read 42 times)

BrownTown3

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If you have an accident resulting in $2,000 damage to your car and have $500 deductible collision coverage, which of the following statements is true?


◦ Your insurance company will pay $2,000.
◦ You will pay $1,500.
◦ You will pay the first $500 and your insurance company will pay $1,500.
◦ You and your insurance company will split the $2,000 damage, each paying $1,000.


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Marked as best answer by BrownTown3 on Apr 14, 2019

krakiolit

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BrownTown3

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Reply 2 on: Apr 14, 2019
YES! Correct, THANKS for helping me on my review


chereeb

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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