https://padlet.com/clpedersen/insurance2 Double Click anywhere on this wall to start typing. en-us 2016-05-05 16:33:41 UTC 2025-10-01 17:10:24 UTC hello@padlet.com https://padlet-assets.storage.googleapis.com/portrait/crane_yellow.png hcps_triceda2 https://padlet.com/clpedersen/insurance2/wish/109598256 An insurance policy helps individuals recover from the financial risk or consequences of events. A deductible is the amount that the insured has agreed to pay before the insurer has to pay anything on a covered claim. ]]> 2016-05-06 13:02:10 UTC https://padlet.com/clpedersen/insurance2/wish/109598256 https://padlet.com/clpedersen/insurance2/wish/109599725 Insurance shares the risk with their policyholders. You pay premiums to your insurance company, and the bigger the  premium the lower the deductible and vice versa.]]> 2016-05-06 13:09:37 UTC https://padlet.com/clpedersen/insurance2/wish/109599725 https://padlet.com/clpedersen/insurance2/wish/109599827 Insurance: the lower the deductible the higher the premeium.]]> 2016-05-06 13:10:12 UTC https://padlet.com/clpedersen/insurance2/wish/109599827 https://padlet.com/clpedersen/insurance2/wish/109599836 A deductible is the amount you have to pay before your insurance starts, and your premium is the amount that you pay monthly. All of it is included in your policy, and your policy is a risk with all the shareholders.]]> 2016-05-06 13:10:17 UTC https://padlet.com/clpedersen/insurance2/wish/109599836 https://padlet.com/clpedersen/insurance2/wish/109599934 People pool their money to divide risk.  In their policy, their premium is what they pay is what they pay per month.  Their deductible is what they have to pay before insurance will pay anything.]]> 2016-05-06 13:10:47 UTC https://padlet.com/clpedersen/insurance2/wish/109599934 https://padlet.com/clpedersen/insurance2/wish/109600045 Use deductibles to your advantage. Your deductible is what you agree to pay out of pocket when you use your car insurance. In general, the higher you set your deductible, the less you'll pay for your policy. And conversely, if you set your deductible low, you'll pay more for your policy, but less when you have a claim.]]> 2016-05-06 13:11:18 UTC https://padlet.com/clpedersen/insurance2/wish/109600045 https://padlet.com/clpedersen/insurance2/wish/109600231 you get a policy and the policy covers you for accidents and there's always a RISK in getting insurance for the insurance company and when you get in an accident you get a deductible on the amount you pay and what you pay is the premium ]]> 2016-05-06 13:12:21 UTC https://padlet.com/clpedersen/insurance2/wish/109600231 https://padlet.com/clpedersen/insurance2/wish/109600595 Insurance shares the risk with the insurance company for a premium of money]]> 2016-05-06 13:13:57 UTC https://padlet.com/clpedersen/insurance2/wish/109600595 https://padlet.com/clpedersen/insurance2/wish/109600990 It help you secure your assets, the ways it help you.]]> 2016-05-06 13:15:11 UTC https://padlet.com/clpedersen/insurance2/wish/109600990 https://padlet.com/clpedersen/insurance2/wish/109601465 Insurance is when you get a certain policy and pay a deductible to protect you from risk but it depends how much your deductible and that will determine the premium you will pay. ]]> 2016-05-06 13:17:09 UTC https://padlet.com/clpedersen/insurance2/wish/109601465 https://padlet.com/clpedersen/insurance2/wish/109602496 higher you set your deductible, the less you'll pay for your policy.]]> 2016-05-06 13:22:14 UTC https://padlet.com/clpedersen/insurance2/wish/109602496