Question

HELP!

Answer 1

Answer:

LIMIT

The policy will pay for up to

$100,000 of damage to

another person's property.

The policy will pay only

$100 per incident for a

tow truck

DEDUCTIBLE

The policyholder must pay

the first $1,000 of repair

expenses before insurance

will pay for anything,

PREMIUM

The policy offers coverage

for a cost of $178 per month

The policyholder must

pay $500 semiannually

to the insurance provider

Step-by-step explanation:

LIMIT is the maximum amount an insurer will pay toward a covered claim

DEDUCTIBLE is the amount paid out of pocket toward a covered claim

PREMIUM is the amount paid regularly to keep the policy in force.