QUESTION IMAGE
Question
andres car suffered damage in a minor accident. the collision coverage on the car has a $750 deductible and a limit of $8,000. the repair costs are estimated at $7,000. how much will andres insurance cover?
Step1: Understand the insurance coverage concept
Insurance coverage = Repair cost - Deductible.
Step2: Substitute the values
Given repair cost is $7000 and deductible is $750.
So, insurance coverage = $7000 - $750.
Step3: Calculate the result
$7000 - $750 = $6250.
Snap & solve any problem in the app
Get step-by-step solutions on Sovi AI
Photo-based solutions with guided steps
Explore more problems and detailed explanations
$6250