Mathematics, 03.12.2019 23:31 maryam615

Assume this policy has a deductible of $1,000 and a co
olicy has a deductible of $1,000 and a coverage limit of $15,000. if there are personal property
losses or $7,000 for a covered event, which best describes how much both parties pay?
a. insured person pays $0; insurance company pays $7,000
b. insured person pays $1,000; insurance company pays $6,000
insured person pays $1,000; insurance company pays $7,000
d. insured person pays $1,000; insurance company pays $15,000

Answers: 2

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