Solved: An insured carries all three classifications of insurance, Accounting Basics

+44 141 628 6080
[email protected]

An insured carries all three classifications of insurance

Question - An insured carries all three classifications of insurance, with a deductible of $500 for collision. The insured paid an annual premium of $1,720. The insured backed into a car in a parking lot, causing $580 damage to the car of the insured and $1,770 damage to the other car. How much did the insurance company pay for this accident?

Solution Preview :

Prepared by a verified Expert

Accounting Basics: An insured carries all three classifications of insurance

Reference No:- TGS02734442

Now Priced at $20 (50% Discount)

Recommended (90%)

Rated (4.3/5)

Have a Question? (oR Write a Review)

Write atleast 100 words!!

Recent Questions Asked Accounting Basics

Q : Find the t value corresponding to the following confidence

find the t value corresponding to the following confidence interval levels for the population mean when the sample size

Q : Understanding the digital revolution you will write some

understanding the digital revolution lab - softwareoverview - in this lab you will write some code in the javascript

Q : What is the probability that the buttons for 3 consecutive

three people get into an empty elevator at the first floor of a building that has 10 floors eachpresses the button for

Q : Discuss three major considerations when choosing between

1 discuss three major considerations when choosing between the issuance of stocks or bonds to finance an organizational

Q : An insured carries all three classifications of insurance

question - an insured carries all three classifications of insurance with a deductible of 500 for collision the insured

Q : Using the multistage dividend discount model what should be

camorama inc is expected to pay a dividend in year 1 of 18 a dividend in year 2 of 29 and a dividend in year 3 of 38

Q : You think the price of a utility company stock if at

you think the price of a utility company stock which is currently 80 is unlikely to change significantly over the next

Q : Redlin company stock on november 20 2017 for 8250 what is

question - perez sold 200 shares of redlin company stock on december 5 2017 for 12000 the stock was acquired five years

Q : Enter the scores shown below in table 1 into spss in the

creating a scatterplotoneenter the scores shown below in table 1 into spss in the variable view mode name the first

1934175

Questions
Asked

3,689

Active Tutors

1460028

Questions
Answered

Start Excelling in your courses, Ask a tutor for help and get answers for your problems !!

ask Question

Asked Questions

What is jennifer gross profit margin percentage

What is Jennifer's gross profit margin percentage? (Round your final answer to two decimal places, X.XX%.) 56.45% 31.29% 23.63% 43.55%

Problem on low-cost legal aid offices

A program that requires that any interest earned on client trust accounts that are nominal or of a short duration be turned over to the state bar

Problem on business practices and consumer protection act

Which of the following statements concerning the Business Practices and Consumer Protection Act (BPCPA) is FALSE?

Describe their preferred influence strategies

Based on the documentary watched in class, how would you describe their preferred influence strategies?

Rewrite, reorganize, add, and recast information

ewrite, reorganize, add, and recast information so that students can access the regular curriculum independently is__

Vendors statement of adjustments as debits

Which of the following items would appear on the vendor's statement of adjustments as debits?

Revenue variance for october would be closest to

The revenue variance for October would be closest to: Group of answer choices $2,640 U $2,640 F $1,224 U $1,224 F