5. Determining the Claim Amount (with Deductibles). For each of the following situations, what amount would the
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5. Determining the Claim Amount (with Deductibles). For each of the following situations, what amount would the insurance company pay? (Obj. 3)
a. Wind damage of $835; the insured has a $500 deductible.
b. Theft of a stereo system worth $1,300; the insured has a $250 deductible.
c. Vandalism that does $425 of damage to a home; the insured has a $500 deductible.
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