Question

1. after you file this, there will be an investigation conducted by the insurance company via their adjustor to determine how much the repair will cost.

a. premium
b. insurance
c. policy
d. claim

1. what is the amount you pay to an insurance company to obtain or maintain an insurance policy?

a. premium
b. deductible
c. policy
d. claim

1. what is the amount you must pay in a loss before any payment is due from the insurance company?

a. premium
b. deductible
c. policy
d. claim

Explanation:

1. The scenario describes filing a request that triggers an insurance company's investigation of repair costs, which matches the definition of a claim.
2. The regular payment to get or keep an insurance policy is called a premium.
3. The out-of-pocket amount paid before the insurance company covers costs is a deductible.

Answer:

1. d. Claim
2. a. Premium
3. b. Deductible