If you have an accident resulting in​ $2,000 damage to your car and have​ $500 deductible collision​ coverage, which of the following statements is​ true?
A. You and your insurance company will split the​ $2,000 damage, each paying​ $1,000. B. You will pay​ $1,500.
C. You will pay the first​ $500 and your insurance company will pay​ $1,500.
D. Your insurance company will pay​ $2,000.