Question: Kurt has 2 5 / 5 0 / 2 5 auto insurance coverage. One evening he lost control of his vehicle, hitting a parked car
Kurt has auto insurance coverage. One evening he lost control of his vehicle, hitting a parked car and damaging a storefront along the street. The damage to the parked car was $ and the damage to the store was $
a What amount will the insurance company pay for the damage?
Amount paid
b What amount will Kurt have to pay?
Amount paid
Eric and Susan just purchased their first home, which cost $ They purchased a homeowner's policy to insure the home for $ and personal property for $ They declined any coverage for additional living expenses. The deductible for the policy is $
Soon after Eric and Susan moved into their new home, a strong windstorm caused damage to their roof. They reported the roof damage to be $ While the roof was under repair, the couple had to live in a nearby hotel for three days. The hotel bill amounted to $ Assuming the insurance company settles claims using the replacement value method, what amount will the insurance company pay for the damages to the roof?
Insurance covered amount
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