Question

Latonia bought a homeowner's insurance policy when she purchased her new home. She pays an annual $650 premium for property coverage of $300,000 and liability coverage of $200,000. Her deductible is $1,250. A windstorm causes $42,500 in damages to her home and property. If the claim is approved, how much will Latonia’s insurance company pay for the damages?

Answer 1

@Mr.Man420

Answer 2

@robtobey

Answer 3

Im not competely sure if im right, but usually you pay the deductable and your insurance company will cover the rest of the damages, but thats just an uneducated guess...