Risk, Insurance & ProbabilityInsurance

Premiums and Deductibles

What you pay every month and what you pay when it happens

Two people buy the same car insurance. One pays less every month. Who comes out ahead the day the crash comes?

You'll find out

  • The two prices on every policy
  • Why a cheaper plan can cost more
  • An old Latin word on your bill

Why it matters

Nearly every policy makes you pick this trade. Seeing both prices at once turns a guess into a choice.

About 3 min6 interactive slides · 5 questionsLesson 79 · Zone 9

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