Business, 17.12.2020 22:50 chanahvanya

Assume this policy has a deductible of $1,000 and a coverage limit of $15,000. If there are personal property losses of $7,000 for a covered event, which best describes how much both parties pay? A. Insured person pays $0; insurance company pays $7,000
B. Insured person pays $1,000; insurance company pays $6,000
C. Insured person pays $1,000; insurance company pays $7,000
D. Insured person pays $1,000; insurance company pays $15,000

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Assume this policy has a deductible of $1,000 and a coverage limit of $15,000. If there are personal...

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