Question

Kathy’s car was broken into, and her stereo and GPS system worth $500 were stolen. If Kathy’s insurance policy summary is given below, how much will Kathy receive from her insurance company when she files her claim?

Summary : comprehensive deductible $375
Collision deductible: $550
Premium of $625 for 4 months

A. $626
B. $375
C. $ 125
D. $550

Answer 1

$125

Explanation:

Answer 2

The correct answer is $125.

Step-by-step explanation:

Kathy's car was broken and the stolen things were worth = $500

The deductible amount is given as $375 .

So, Kathy will receive
`500-375=125` from her insurance company when she files her claim.

Hence, option C. $ 125 is the answer.