Question: Problem 5Determining the Claim Amount (with Deductibles) for each of the following situations, what amount would the insurance pay? a. Wind damage of $835; the

Problem 5Determining the Claim Amount (with Deductibles) for each of the following situations, what amount would the insurance pay?
a. Wind damage of $835; the insured as a $500 deductible.
b. Theft of a stereo system worth $1300; the insured has a $500 deductible.
c. Vandalism that does $425 of damage to a home; the insured has a $500 deductible

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