Under the terms of Jenny’s auto insurance policy, she must pay the fir

Under the terms of Jenny’s auto insurance policy, she must pay the first $500 of any physical damage loss to her vehicle before her insurer will pay anything. What type of deductible is included in Jenny’s auto insurance policy?

A) calendar-year deductible
B) waiting period
C) straight deductible
D) aggregate deductible

 

 

ANSWER

Answer: C

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