If you cause an accident resulting in $2000 damage to your car and have collision coverage with $500 deductible,which of the following statements is True?
A) Your insurance company will pay $2000 and your insurance premiums will go up $500.
B) You will pay $1500.
C) Your insurance company will pay $1500.
D) The other insurance company will pay $500 and your company will pay $1500.
Correct Answer:
Verified
Q42: Which is the best advice about shopping
Q43: Auto insurance rates are based on all
Q44: Which of the following is the appropriate
Q48: Which of the following will reduce your
Q49: Which of the following statements is True
Q49: One of the advantages of no-fault automobile
Q51: Insurance agents who work for one particular
Q54: For auto insurance,which area has the highest
Q55: If you live in a province with
Q57: Auto insurance rates are based on
A)whether or
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents