Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Justin has a comprehensive auto insurance policy with a $100 deductible, with a 80/20 copay and a $200 out-of-pocket limit. Last week, their car was
Justin has a comprehensive auto insurance policy with a $100 deductible, with a 80/20 copay and a $200 out-of-pocket limit. Last week, their car was crushed by a falling tree. This cost them $1,600 to replace the car. How much of this expense will they have to pay out of pocket?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started