Rowena has a $150,000 homeowner's insurance policy with a $1,000 deductible on her house. Her premium payment is $100 per month.

Question

3 years ago

8

Rowena has a $150,000 homeowner's insurance policy with a $1,000 deductible on her house. Her premium payment is $100 per month.

If she makes a $5,000 claim on the policy in a given year, how much will she be paying the insurance company per year? A. $1,000 B. $1,200 C. $2,200 D. $4,000

Mathematics

1 answer:

MakcuM [25] · Answer 1 · 2022-03-21T03:36:59+03:00

MakcuM [25]3 years ago

8 0

Rowena will be paying <span>A. $1,000 to the insurance company per year.</span>