Shens car required only a new bumper, costing $584 to replace. Vickys truck required $3,650...
60.1K
Verified Solution
Question
Accounting
Shens car required only a new bumper, costing $ to replace. Vickys truck required $ in repairs, and its trailer contained a racehorse valued at $ 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 outofpocket in property liability damages. Which of the following is true regarding the damage to his own car? It will be reimbursed fully, minus the $ 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.
Shens car required only a new bumper, costing $ to replace. Vickys truck required $ in repairs, and its trailer contained a racehorse valued at $ 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 outofpocket in property liability damages. Which of the following is true regarding the damage to his own car?
It will be reimbursed fully, minus the $ 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.
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.