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Helen Has a $40,000 Automobile Collision Policy with a $750

Question 27

Multiple Choice

Helen has a $40,000 automobile collision policy with a $750 deductible. If her car is involved in an accident costing her $15,000 to repair the damages, ________ is the amount she will have to pay to receive coverage for the damages from the insurer.


A) $750
B) $39,250
C) $40,000
D) $14,250

Correct Answer:

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