Question

Belinda's GPS system worth $400 was stolen out of her car. If Belinda's insurance policy summary is given below, how much will Belinda receive from her insurance company when she files her claim?

Summary

Comprehensive Deductible: $375

Collision Deductible: $550

Premium of $625 for 4 months

Answer 1

She will receive $25.

They will take her claim and subtract the comprehensive deductible from it (comprehensive is the insurance that covers theft, not collision).

400-375=25