In auto insurance, a lower deductible means the customer a. has a higher monthly bill, but pays less out of pocket in the event of an accident. b.has a higher monthly bill and pays more out of pocket in the event of an accident. c.has a lower monthly bill, but pays more out of pocket in the event of an accident. d.has a lower monthly bill and pays less out of pocket in the event of an accident.

The correct option is A.

Step-by-step explanation:

In auto insurance, a lower deductible means the customer - has a higher monthly bill, but pays less out of pocket in the event of an accident.

Deductible is a set amount at the time of purchasing any insurance. This amount is to be paid by the customer during the time of insurance claim. Like if you have an accident and the damage is worth of $3500 and you have $500 deductible, so you will only pay $500 for repairs . Rest will be paid by the company.

A

Step-by-step explanation:

If you choose a lower deductible that means in the event of an accident you will pay less out of pocket; however your policy will cost more so your monthly payment will be higher.

a

step-by-step explanation: