Use the following information to answer the next 3 questions. The accident caused $3,000 worth of damage to your car. You have liability coverage of 60/125/45 which costs you $290 per year. The book value of your car is $2,500. The annual cost for collision coverage is $230 with a $1500 deductible.

11. Assume you had a collision which was your fault and your car was totally destroyed, but you were not hurt. Your insurance company writes you a check for the car. What is the dollar amount of the check?

Group of answer choices

$2,000

$1,500

$3,000

$1,000