Melvin has an auto insurance policy that includes both collision…

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Question Answered step-by-step Melvin has an auto insurance policy that includes both collision… Melvin has an auto insurance policy that includes both collision and comprehensive coverage.  He has a $250 deductible on his collision coverage and a $100 deductible on his comprehensive coverage.  His car has a book value of $7,500 when he is in a one-car accident with a tree.  The car suffers damages of $5,000.  How much will Melvin’s insurance company pay for this repair work? Law Social Science Tax law FCS 3500 Share QuestionEmailCopy link Comments (0)

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