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Vilka [71]
3 years ago
5

What is the difference between a deductible and a limit?

Social Studies
2 answers:
Stella [2.4K]3 years ago
8 0

Answer:

if it didn't help I'm am STILL willing to!!! nice question.

julsineya [31]3 years ago
3 0

Answer:

When you meet your deductible, it means that you have paid the entire amount of your coverage's deductible, and your insurance will help cover the remaining costs of your covered claim, up to your coverage limit. You'll likely have multiple deductibles on the same insurance policy.

And limit or out of pocket max is the amount of money you will spend each year, including your co-insurance after you've hit your deductible amount.

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