asked 40.6k views
4 votes
Rowena has a $150,000 homeowner's insurance policy with a $1,000 deductible on her house. Her premium payment is $100 per month. If she makes a $5,000 claim on the policy in a given year, how much will she be paying the insurance company per year? A. $1,000 B. $1,200 C. $2,200 D. $4,000

1 Answer

5 votes
Rowena will be paying A. $1,000 to the insurance company per year.
answered
User Lilliana
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