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Which term refers to an arrangement where you are responsible for paying a percentage of covered medical expenses after your deductible is met?
Check the list of doctors “in the network”
Auto insurance premiums can vary from company to company, therefore, it is important to comparison shop for the best price an
Co-insurance
Collecting more in premiums than they need to pay out each year
Your monthly premium
Your monthly payment to your insurer, regardless of whether you use any services
Auto policy with $250 deductible
$0
Which automobile policy do you believe will have the highest premium (all other factors being equal)?
Check the list of doctors “in the network”
Auto insurance premiums can vary from company to company, therefore, it is important to comparison shop for the best price an
Co-insurance
Collecting more in premiums than they need to pay out each year
Your monthly premium
Your monthly payment to your insurer, regardless of whether you use any services
Auto policy with $250 deductible
$0
Your renter's insurance policy costs $20/month and has a $1,000 deductible. A thief breaks into your apartment and steals your $800 TV set. How much would your insurance company owe you?
Check the list of doctors “in the network”
Auto insurance premiums can vary from company to company, therefore, it is important to comparison shop for the best price an
Co-insurance
Collecting more in premiums than they need to pay out each year
Your monthly premium
Your monthly payment to your insurer, regardless of whether you use any services
Auto policy with $250 deductible
$0
Insurance companies make money by...
Check the list of doctors “in the network”
Auto insurance premiums can vary from company to company, therefore, it is important to comparison shop for the best price an
Co-insurance
Collecting more in premiums than they need to pay out each year
Your monthly premium
Your monthly payment to your insurer, regardless of whether you use any services
Auto policy with $250 deductible
$0
Which of these is NOT considered an out-of-pocket expense?
Check the list of doctors “in the network”
Auto insurance premiums can vary from company to company, therefore, it is important to comparison shop for the best price an
Co-insurance
Collecting more in premiums than they need to pay out each year
Your monthly premium
Your monthly payment to your insurer, regardless of whether you use any services
Auto policy with $250 deductible
$0
Which of the following statements is TRUE about auto insurance premiums?
Check the list of doctors “in the network”
Auto insurance premiums can vary from company to company, therefore, it is important to comparison shop for the best price an
Co-insurance
Collecting more in premiums than they need to pay out each year
Your monthly premium
Your monthly payment to your insurer, regardless of whether you use any services
Auto policy with $250 deductible
$0
Since doctors only accept specific health insurance plans, what should you do prior to selecting your own health insurance plan?
Check the list of doctors “in the network”
Auto insurance premiums can vary from company to company, therefore, it is important to comparison shop for the best price an
Co-insurance
Collecting more in premiums than they need to pay out each year
Your monthly premium
Your monthly payment to your insurer, regardless of whether you use any services
Auto policy with $250 deductible
$0
What is an insurance premium?
Check the list of doctors “in the network”
Auto insurance premiums can vary from company to company, therefore, it is important to comparison shop for the best price an
Co-insurance
Collecting more in premiums than they need to pay out each year
Your monthly premium
Your monthly payment to your insurer, regardless of whether you use any services
Auto policy with $250 deductible
$0
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