Find what amount of claim would the insurance company pay

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Reference no: EM132812383

Problem 1: Your home insurance policy has a $190 deductible. If a small fire causes $780 damage to your home, what amount of the claim would the insurance company pay?

Multiple Choice

Option 1:
$190

Option 2:
$590

Option 3:
$485

Option 4:
$780

Option 5:
not able to determine from this information

Reference no: EM132812383

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