Question: Suppose a tree limb falls on your house during a storm and causes $9,500 worth of damage to your pool cage. out-of-pocket maximum of $10,000.

Suppose a tree limb falls on your house during a storm and causes $9,500 worth of damage to your pool cage. out-of-pocket maximum of $10,000. The premium for your homeowner's insurance is $150/month, your deductible is $4,000 If this event is a covered event, how much will you need to pay a contractor to repair the damage to the pool cage? Remember the premium is paid to the insurance company. A $9,500 B $5,500 C $4,000

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