A $100 deductible means _____.

Question

Question: A $100 deductible means _____.

Options:

1.  $100 is deducted from your insurance premium each year
2.  your insurance costs $100 per month
3.  you must pay the first $100 towards repairs to your vehicle
4.  the insurance company will pay $100 towards repairs to your vehicle

Answer 1

3. You must pay the first $100 towards repairs to your vehicle

A $100 deductible means you must pay the first $100 towards repairs to your vehicle.