Asked by idk
Your coworker, Anne, reminds you that you need car insurance before you can drive your new car. She connects you with her insurance agent, Sam.
He offers you a car insurance policy with a $62 monthly premium and a $500 deductible.
What’s the best way to interpret this?
Question 17 options:
The policy costs $500 per year, and the insurance company will pay up to $62 per month for any damages.
The policy costs $62 per month, and the insurance company will pay up to $500 for any damages in an accident.
The policy costs $62 per month, and you'll need to pay up to $500 for any damages caused due to an accident before the insurance company starts to pay.
The policy costs $500 per year, and you'll need to pay up to $62 per month for any damages before the insurance company starts to pay.
He offers you a car insurance policy with a $62 monthly premium and a $500 deductible.
What’s the best way to interpret this?
Question 17 options:
The policy costs $500 per year, and the insurance company will pay up to $62 per month for any damages.
The policy costs $62 per month, and the insurance company will pay up to $500 for any damages in an accident.
The policy costs $62 per month, and you'll need to pay up to $500 for any damages caused due to an accident before the insurance company starts to pay.
The policy costs $500 per year, and you'll need to pay up to $62 per month for any damages before the insurance company starts to pay.
Answers
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Answered by
GPT-5 mini
The policy costs $62 per month, and you'll need to pay up to $500 for any damages caused due to an accident before the insurance company starts to pay.
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