realshantiii realshantiii

15-05-2017
Business

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Your auto insurance policy has a $200 monthly premium and $700 deductible. What is the maximum amount you will have to pay out-of-pocket for a car accident before your insurance covers your costs?

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Flurple Flurple

15-05-2017

Depends on when you have the accident. If it's in the first month it would be $900.00. You pay the monthly premium up front ($200.00) and the deductible ($700.00) is your portion of the payment to fix the car.

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Piper1512 Piper1512

22-05-2017

the answer is 700 dollars

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