Respuesta :
Answer:
$1000
Explanation:
Given the policy coverage = $30000
The amount of deductible = $1000
Total damage of the car when the accident occurred = $6200
Below is the calculation to find the amount that Frank has to pay:
The amount payable by Frank out of pocket = Deductible amount
The amount payable by Frank out of pocket = $1000
The amount that Frank need to pay out-of-pocket is $1,000.
Given that,
- Frank has an auto policy with a coverage limit of $30,000 and a deductible of $1,000.
- He gets into an accident and the damages to his car total $6,200.
Based on the above information, the calculation is as follows:
= Deductible amount
= $1,000
Therefore we can conclude that the amount that Frank need to pay out-of-pocket is $1,000.
Learn more: brainly.com/question/16115373
