If You Have a $500 Deductible on the Collision Coverage

question 13

Multiple Choice

If you have a $500 deductible on the collision coverage part of your auto policy, you pay the total amount of any loss that does not exceed $500.In addition, you pay $500 of every loss in excess of that amount.If you have a loss of $1,500, therefore, you pay $500 and the insurer pays $1,000.Identify this type of deductible.

• A)Vanishing deductible
• B)Franchise deductible
• C)Waived deductible
• D)Straight deductible
• E)Disappearing deductible

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Definitions:

Power

The capacity or ability to direct or influence the behavior of others or the course of events.

Pain

A distressing feeling and emotional response linked to real or possible harm to body tissues, or expressed as if such harm has occurred.

Sex

Whether one is biologically female or male, based on genetic and anatomical characteristics.

Partialism

A paraphilia in which a person is sexually attracted to a specific body part.