Jared’s car slides into a stop sign during an ice storm. There is x dollars damage to his car, where x . 1,000, and the stop sign will cost y dollars to replace. Jared has $25,000 worth of PD insurance, a $1,000 deductible on his collision and comprehensive insurance, and $50,000 no-fault insurance.
a. Which insurance covers the damage to the sign?
b. How much will his company pay for the stop sign?
c. Which insurance covers the damage to his car?
d. How much will his company pay for the damage to the car?