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what does 70/30 mean? * 1 point the insurance company pays 70 percent a…

Question

what does 70/30 mean? * 1 point the insurance company pays 70 percent and you pay 30% you pay 70% and the insurance company pays 30%

Explanation:

Brief Explanations

In insurance terms, a 70/30 split typically refers to the percentage of costs covered by the insurance company and the insured respectively. The first number (70) is the insurance company's share, and the second number (30) is the insured's share.

Answer:

the insurance company pays 70 percent and you pay 30%