What is car insurance? a. A contract between you and an insurance company to protect against financial loss in case of accident. b. Something you pay to the car dealer to keep the vehicle.
a. A contract between you and an insurance company to protect against financial loss in case of accident.
What is the term for the amount you pay monthly, quarterly, or annually for insurance coverage? a. insurance payment b. premium
b. premium
It is the amount you pay out-of-pocket before insurance kicks in. a. deductible b. insurance cost
a. deductible