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Suppose a tree limb falls on your house during a storm and causes $9,500 worth of damage to your pool cage. The premium for your homeowners insurance is $150/month, and your deductible is $4,000 with an out-of-pocket maximum of $10,000. If this event is a covered event, how much will you need to pay a contractor to repair the damage to the pool cage?

A: $4000
B: $9500
C$10,000

Respuesta :

Answer:B

Step-by-step explanation:

The amount you need to pay a contractor to repair the damage to the pool cage should be considered as the option b $9,500

Calculation of the amount:

Since the amount of $9,500 should be considered as the worth of damage to your pool cage.

Also there are other charges like premium, deductible amount, pocket maximum amount, etc.

So based on the payment only $9,500 should be conisdered.

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