After the accident, Jerry starts thinking, “Wow, that $1500 deductible is a lot to pay for all at once! Who knows when I’ll get in another accident, but I sure wish my deductible were lower!” He asks his auto insurance agent, who shows him this chart:

Source

What is Jerry’s auto insurance agent trying to tell him? What will Jerry need to do in order to pay a lower deductible?

Do you think Jerry should go for the lower deductible plan? Why or why not?

Question

After the accident, Jerry starts thinking, “Wow, that $1500 deductible is a lot to pay for all at once! Who knows when I’ll get in another accident, but I sure wish my deductible were lower!” He asks his auto insurance agent, who shows him this chart:

Source

What is Jerry’s auto insurance agent trying to tell him? What will Jerry need to do in order to pay a lower deductible?

Do you think Jerry should go for the lower deductible plan? Why or why not?

badzxwii · Answer

Answer (1)

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