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QuizMultiple Choice

Car Insurance — Quiz

Question 2 • Financial Algebra/Mathematics

Claudia's car suffered damage in a minor accident. The collision coverage on the car has a $⁢750 deductible and a limit of $⁢8,000 The repair costs are estimated at $⁢7,678 How much will Claudia's insurance cover?

Answer
A
322 dollars
B
8 dollars comma 428
C
6 dollars comma 928
D
7 dollars comma 250

Explanation

Claudia must pay the $750 deductible first, so insurance covers $7,678 − $750 = $6,928. This is below the $8,000 coverage limit, so the limit does not reduce the payment. The correct choice is $6,928.

AI-written and checked against the verified answer.

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