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Jerry has an insurance policy with a premium of $150 per month. In June, he’s in an accident and receives a bill with a total cost of $6000. His deductible is $1500, and his coverage limit is $4000. How
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3 votes
Jerry has an insurance policy with a premium of $150 per month. In June, he’s in an accident and receives a bill with a total cost of $6000. His deductible is $1500, and his coverage limit is $4000. How much total money will he owe in june?

User Padix Key
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1 Answer

3 votes

$250

COVERAGE LIMIT-DEDUCTIBLE = $4000-$1500 = 2500

$2500/10 = $250

User SKT
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