Norris has a deductible of $1,000. He damages his car in an accident and it will cost $3,300 to repair. How much does his insurance pay

Respuesta :

Based on the information given the amount that the insurance pay is $2,300.

Using this formula

Insurance coverage=Cost of repair- Deductible

Where:

Cost of repair=$3,300

Deductible=$1,000

Let plug in the formula

Insurance coverage=$3,300-$1,000

Insurance coverage=$2,300

Inconclusion the amount that the insurance pay is $2,300.

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