amusgrave3770 amusgrave3770

19-12-2019
Business

contestada

Charlie has been in an automobile accident. No one was injured, but his car is pretty banged up. The damage to his car is estimated to be $2,500. His insurance will cover everything after he pays his $500 deductible. In the short term, Charlie's accident will end up costing him

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sandlee09 sandlee09

22-12-2019

Answer:

$500

Explanation:

An insurance deductible refers to a pre-defined amount of money that the policy holder must pay the insurance provider before they pay any expenses. Therefore after paying the $500 deductible the insurance provider in this scenario has agreed to cover all of the costs associated with this automobile accident. Thus Charlie's accident will only end up costing him $500.

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skyfox027 skyfox027

03-04-2020

Answer:

B. 500

Explanation:

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