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Saheel Has $20,000 Property Damage Insurance and $5,000 Comprehensive and Collision

Question 23

Multiple Choice

Saheel has $20,000 property damage insurance and $5,000 comprehensive and collision insurance with a $500 deductible.One evening he slides on a patch of ice and hits a parked car,causing $4,500 worth of damage.The accident causes $1,750 of damage to his own car.How much will the insurance pay to fix both cars?


A) $5,750
B) $6,250
C) $8,250
D) $24,500

Correct Answer:

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