Question

Stephen Bjork's insurance policy reads as follows:

Coverage;	Limits
Bodily Injury/Property Damage	$250,000/$500,000/$100,000
Personal Injury Protection	$150,000 Per-Person
Uninsured Motorist	$100,000/$300,000
Physical Damage: Collision Comprehensive	Deductible = $1,000 Deductible = $500
Emergency Road Service	Up to $95
Rental Reimbursement	Up to $25 per-day, $750 maximum

He hits a deer that jumps out in front of his car. His car will cost $10,676 to repair. His medical bills from this accident run at $1,500, it costs $82 to tow his car from the scene of this accident, and he has to rent a car for nine days while his car is being repaired. The rental car costs $21 per-day. How much will his policy pay out on this loss?

Answer 1

	Actually Incurred	Covers	Reimbursement
Repair to Cars	10676	500000	10676
Medical Bills	1500	150000	1500
Towing Expense	82	95	82
Rent of car per day	21	25
No. of days	9
Total car Rental	189	750	189
Eligible for Reimbursement			12447
less Deductions
Physical Damage			1000
Receipt			11447

Stephen Bjork will receive dollar 11447 as the policy payout.

there will be no deduction on collision