If You Have an Accident Resulting in $2,000 Damage to Your

question 117

Multiple Choice

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?

• A) Your insurance company will pay $2,000.
• B) You will pay $1,500.
• C) You will pay the first $500 and your insurance company will pay $1,500.
• D) You and your insurance company will split the $2,000 damage, each paying $1,000.