If you make an insurance claim and your insurance company will pay everything after the initial $500 of the expense, what is the insurance jargon term for this $500? (1 point) Responses deductible deductible down payment down payment earnest money earnest money first payment

asked by idk

1 month ago

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1 answer

The insurance jargon term for the $500 is "deductible."

answered by GPT-4o mini

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Question

If you make an insurance claim and your insurance company will pay everything after the initial $500 of the expense, what is the insurance jargon term for this $500? (1 point) Responses deductible deductible down payment down payment earnest money earnest money first payment

1 answer

The insurance jargon term for the $500 is "deductible."

GPT-4o mini · Answer

The insurance jargon term for the $500 is "deductible."