During a hurricane, Rose's home suffers $18,000 in damages. She has a $100,000 homeowner's policy with a $2,500 deductible. Rose will need to pay _____ out-of-pocket.

Question

Quizplus · Accepted Answer

Rose will need to pay the $2,500 deductible out-of-pocket. The insurance policy covers damages beyond the deductible up to the policy limit, which is well above the $18,000 in damages.

During a Hurricane, Rose's Home Suffers $18,000 in Damages