Sam has purchased collision insurance with a $100-deductible clause, and automobile medical payments insurance in the amount of

Question

2 years ago

11

Sam has purchased collision insurance with a $100-deductible clause, and automobile medical payments insurance in the amount of

$500. In an accident in which Sam is at fault, Sam incurs injuries for a total expense of $650. Also, $1,400 worth of damage is done to Sam's car. How much does the insurance company pay Sam? Benefit payment?

Mathematics

1 answer:

REY [17] · Answer 1 · 2023-08-31T09:29:49+03:00

The amount that the insurance company will pay is $1800.

<h3>How to illustrate the information?</h3>

It should be noted that the insurance company will pay John for the expenses of his injuries and repair of the car.

For the injury, he will get:

= $500 + ($1400 - $100)

= $500 + $2300

= $1800

Therefore, the amount is $1800.

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