Your home insurance policy has a $500 deductible. If a small fire causes $1200 damage to your home, what amount of the claim would the insurance company pay?
A. $500
B. $700
C. $1200
D. $1700
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Home » Business » Your home insurance policy has a $500 deductible. If a small fire causes $1200 damage to your home, what amount of the claim would the insurance company pay? A. $500 B. $700 C. $1200 D. $1700