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What amount of the claim would the insurance company pay

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Reference no: EM132808756

Problem 1: Your home insurance policy has a $530 deductible. If a windstorm causes $2,400 damage to your home, what amount of the claim would the insurance company pay?

Multiple Choice

Option 1: $2,400
Option 2: $1,200
Option 3: $1,870
Option 4: $530
Option 5: $0

Reference no: EM132808756

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