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Susan Yappel paid an annual premium of $ 2 , 8 0 0 for auto collision insurance with a $ 5 0 0 deductible clause.

Susan Yappel paid an annual premium of $2,800 for auto collision insurance with a $500 deductible clause. Her steering went out and she hit a street sign, causing $5000 damage to her car. How much did she save this year by having insurance?
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