Question: 3] A negligent driver ran a red light and smashed into Sarahs car. The cost to repair the car is AED8,000. She has collision insurance

3] A negligent driver ran a red light and smashed into Sarahs car. The cost to repair the car is AED8,000. She has collision insurance on her car with an AED500 deductible.

A] Calculate the amount of compensation Sarah can collect from the insurance company.

B] Explain how many risk management techniques are applied by Sarah in this case. Justify clearly your answer including the name(s) of the risk management technique(s) used.

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