Your home insurance policy has a $440 deductible. If a windstorm causes $1,700 damage to your...

Your home insurance policy has a $440 deductible. If a windstorm causes $1,700 damage to your home, what amount of the claim would the insurance company pay?

Solutions

Expert Solution

Amount of Payment insurance company would pay

= Amount of Damage caused - the insurance policy amount deductable

Payment = 1,700 - 440 = $1,260

jeff jeffy answered 2 years ago

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