If You Have a $300 Deductible on the Collision Coverage

question 51

Multiple Choice

If you have a $300 deductible on the collision coverage part of your auto policy, you pay the total amount of any loss that does not exceed $300.However, if you have a loss of $1,000, the insurer pays the entire amount, $1,000.Identify this type of deductible.

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

---

Definitions:

Free Black Men

African American males who were not enslaved and lived in the United States before the abolition of slavery in 1865.

Civil War

A conflict from 1861 to 1865 in the United States between the Northern states (Union) and the Southern states (Confederacy) primarily over the issues of slavery and states’ rights.

Conflation

The act of merging or blending two or more distinct elements, ideas, or concepts into a single, unified entity.

Racial Stigma

The societal disapproval or discrimination against individuals based on racial stereotypes or prejudices.