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9 June, 14:08

During a violent windstorm, your car was damaged by a fallen tree. The estimated cost of repair was determined to be $3,822. If your policy carries $500 deductible for collision and $100 for deductible for comprehensive, determine how much of the cost of the damages you will be required to pay.

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  1. 9 June, 14:36
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    Answer: $600

    Step-by-step explanation:

    The deductible is the amount you are required to pay. So in this case the total deductible is:

    deductible for collision + deductible for comprehensive = $500 + $100 = $600

    Hence the insurer will have to pay the cost minus this total deductible:

    $3,822 - $600 = $322
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