Sally's $5,000 ring was destroyed in a house fire. If she has the standard deductible, how much will her insurer reimburse for the ring?

Sally's $5,000 ring was destroyed in a house fire. If she has the standard deductible, how much will her insurer reimburse for the ring?


a. $5,000

b. $0

c. $1,500

d. $750



Answer: A

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