Your insurance policy carries a $200 deductible for collision and $500 deductible for comprehensive.If you cause an accident which results in the following repairs and losses to your car and possessions,what will be the reimbursement from the insurance company under your collision and comprehensive coverage? • Replacement of trailer hitch $500
• Replacement of rear bumper $700
• Replacement of computer (in trunk) $400
• Replacement of rear windshield $400

Question

Your insurance policy carries a $200 deductible for collision and $500 deductible for comprehensive.If you cause an accident which results in the following repairs and losses to your car and possessions,what will be the reimbursement from the insurance company under your collision and comprehensive coverage? •	Replacement of trailer hitch	$500
•	Replacement of rear bumper	$700
•	Replacement of computer (in trunk)	$400
•	Replacement of rear windshield	$400

Quizplus · Accepted Answer

The total cost of repairs due to the collision (trailer hitch, rear bumper, and rear windshield) is $1600. After the $200 deductible for collision, the reimbursement is $1400. The computer replacement falls under comprehensive coverage, but since it's less than the $500 deductible, it's not covered.

Your Insurance Policy Carries a $200 Deductible for Collision and $500