Shens car required only a new bumper, costing $584 to replace. Vickys truck required $3,650...

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Accounting

Shens car required only a new bumper, costing $584 to replace. Vickys truck required $3,650 in repairs, and its trailer contained a racehorse valued at $18,000 that fell and broke its legs upon the impact. Shen is therefore liable for the full value of the horse.
Shens liability coverage also will reimburse him for up to $_________
in property damage, so he is responsible for paying ____________ out-of-pocket in property liability damages. Which of the following is true regarding the damage to his own car?
It will be reimbursed fully, minus the $100 deductible.
It is not covered under his policy.
It will be reimbursed up to the difference between his liability coverage and the damage to other property.

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