46.6k views
4 votes
A car insurance policy has a $500 deductible for comprehensive coverage and a $1000

deductible for liability. John gets into an accident. The damage to his car is $725, and the
damage to the other person's car is $1525.
How much will the insurance policy pay to repair John's car and the other person's car?

$750
$525
$1500
$800​

User Alik
by
8.2k points

2 Answers

4 votes
$1500 will be paid by the Insurance policy as the accident has lead to $725 damage to John’a car which will be covered up to $500 (full amount that insurance can pay), leaving him to pay off the rest. As for the liability that is worth $1525 so insurance will pay what it can which is $1000, leaving John to pay off the remaining amount. So the insurance is paying $1500 ($500 comprehensive coverage plus $1000 liability coverage)
User Roopunk
by
8.6k points
3 votes
the answer is 1500 that’s how much insurance
User Amriteya
by
8.1k points
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