Melvin has an auto insurance policy that includes both collision and comprehensive coverage. He has a $250
Fantastic news! We've Found the answer you've been seeking!
Question:
Melvin has an auto insurance policy that includes both collision and comprehensive coverage. He has a $250 deductible on his collision coverage and a $100 deductible on his comprehensive coverage. His car has a book value of $7,500 when he is in a one-car accident with a tree. The car suffers damages of $5,000. How much will Melvin's insurance company pay for this repair work?
Related Book For
Basic Technical Mathematics
ISBN: 9780137529896
12th Edition
Authors: Allyn J. Washington, Richard Evans
Posted Date: