Question

Gretchen has 50/100/50 liability insurance with a $500 deductible. While parked on the street,another car hits hers and then leaves the scene. There was $2,350 worth of damage. How much of the cost will her insurance pay?

Answer 1

These were the choices that should have been included in the above problem:

a. None, Gretchen doesn’t carry collision.            c. Half
b. All                                                                                d. $6,000,000.00

The correct answer is: A)  None, Gretchen doesn’t carry collision