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Fred currently has an auto insurance policy that has a $1,020 deductible on his vehicle. He has optional coverage under his accident benefits component of
Fred currently has an auto insurance policy that has a $1,020 deductible on his vehicle. He has optional coverage under his accident benefits component of his coverage that will provide him with towing charges up to 100 km, a replacement rental vehicle while repairs are being done up to maximum $1,035, and up to $1,035 of medical coverage for chiropractic care due to an injury. He has an accident and his expenses are towing (80 km driven to repair shop) $405; car rental expenses of $1,275 while his car is being repaired; and chiropractic coverage for a neck injury that cost $1,550. a. What would his claim be and the amount he would be covered for? (Omit the "$" sign in your response.) Total Claim Total coverage $ $ b. How much will he have to pay out of pocket himself? (Omit the "$" sign in your response.) Out of pocket expense
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