Stewart has $25,000 worth of property damage insurance and a $1,000 deductible collision insurance policy. He crashed
Question:
a. Which insurance covers the damage to the fence?
b. How much will the insurance company pay for the fence?
c. Stewart's car still was drivable after the accident. On the way home from the accident, he hit an empty school bus and did $20,000 worth of damage to the bus and $2,100 worth of damage to his car. How much will the insurance company pay for this damage to the bus?
d. Which insurance covers the damage to Stewart's car?
e. How much will the insurance company pay for the damage to the car?
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Related Book For
Financial Algebra advanced algebra with financial applications
ISBN: 978-0538449670
1st edition
Authors: Robert K. Gerver
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