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Manny has car insurance and was in an accident with a bill totaling $11,500. The insurance company says he needs to pay the first $1000. What does the $1000 represent? Manny has car insurance and was in an accident with a bill totaling $11,500. The insurance company says he needs to pay the first $1000. What does the $1000 represent? Coverage limit Premium Deductible Policy coverage payment