If an insurance policy carries a $250 deductible and an accident results in the following losses, what will be the reimbursement from the insurance company under your collision and comprehensive coverage?
? Replacement of trailer hitch $200
? Replacement of rear bumper $150
? Replacement of computer being carried on the back seat $300
? Replacement of rear windshield $100
A) $200
B) $250
C) $450
D) $750
Answer: A
Explanation: A)
Trailer hitch $200
Rear bumper $150
Rear window $100
Less deductible $250
$200
Business
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