Question

What is a deductible in an insurance policy?

(1 point)
Responses

The monthly fee you pay to keep your policy active.
The monthly fee you pay to keep your policy active.

A special discount you get for being a safe driver.
A special discount you get for being a safe driver.

The highest amount the policy will pay for a claim.
The highest amount the policy will pay for a claim.

The amount you pay for a loss before the insurance pays.

Answer 1

The amount you pay for a loss before the insurance pays. (That's the deductible.)