Rick has a collision deductible of $500. He dented the side of his car. It costs $450.20 to repair the car. How much will Rick pay to have his car repaired? How much will the insurance company pay? -Pls Explain
Rick would pay the $450.20. and the insurance company pays for nothing. A deductible is what you would have to pay first. If the damage was over $500 and was a covered incident, the insurance company would pay for anything over. Hope this helps