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Mathematics, 01.11.2019 00:31 dee6991

The annual insurance premium for a car nicole bought 6 months ago is $756.00 with a $500 deductible for collision. nicole had just paid the bill for her sixth month of insurance before she was involved in a car accident resulting in $2,000 in damage to her car. because she had collision insurance in her policy, the insurance company took care of all of the repairs less the $500.00 deductible. considering how much she paid in insurance premiums and deductibles, would you say the purchase of insurance over the last 6 months was a good investment for nicole? why or why not?

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