William pays his $500 premium every 6 months for automobile insurance with collision coverage. His deductible is $750. William caused a minor accident that resulted in $700 of damages to his car and $1,100 of damages to the other car. William's car looks and drives fine and he chooses not to file a claim to repair his car. How much will William pay out-of-pocket to have the other car fixed?

Answers

Answer 1

ANSWER: $0

EXPLANATION: William has already paid $500 premium for his automobile insurance and it covers collision coverage. It is mandatory for US states to have third party liability as basic option while taking an automobile insurance. Hence, the insurance company will pay the damages for the other car and as well as for the damages that has happened to William's car. William need not spend any amount out-of-pocket to have the other car fixed as it covered under third party liability of the insurance.

Answer 2

William pays $500 every 6 months as a premium on his car insurance with collision coverage. If William were to get in an accident and file a claim, he would pay $750 as a deductible and the insurance would cover the cost of repairs to the vehicles. When you file a claim against your insurance, your next set of premiums typically rise in the event it were to happen again, it brings in more money to the insurance agency. Since William’s car is $700 to fix and the other drivers car is $1,100 to fix if William does not file a claim with his insurance, he will pay an out-of-pocket amount of $1,100 to have the other car repaired.


Related Questions

The rules, or guidelines, for people to follow when using software are called:

Answers

The rules, or guidelines, for people to follow when using software are called procedures. Procedures are the established way of doing something, such as a surgical operation.

which of the following caused advertising to become more radical?
a. the increase in advertising space
b. the demand for new products
c. the advent of mass manufacturing
d. the spending habits of women

Answers

c. the advent of mass manufacturing 
I would say your answer will be C the advent of mass manufacturing.

If the form of a will is made orally, and written down by a witness, how is it called?

Answers

If the form of a will is made orally, and written down by a witness, it is called nuncupative (non-culpatory) - meaning oral or dictated; often limited to sailors or military personnel.

In colonial​ america, the population was spread thinly over a large​ area, and transportation costs were very high because it was difficult to ship products by road for more than short distances. as a​ result, most of the free population lived on small farms where they not only grew their own food but also usually made their own clothes and very rarely bought or sold anything for money. why were the incomes of these farmers likely to rise as transportation costs​ fell? as transportation costs​ fell,

Answers

Final answer:

The incomes of farmers in colonial America were likely to rise as transportation costs fell because they would have easier access to markets and could sell their products at higher prices.

Explanation:

The incomes of farmers in colonial America were likely to rise as transportation costs fell because they would have easier access to markets and could sell their products at higher prices. With improved transportation, farmers could transport their goods over longer distances without incurring high costs, allowing them to reach larger markets and sell their products at competitive prices. This increased demand and access to larger markets would lead to higher incomes for the farmers.

How might a drop in price for washing machines affect the demand for dryers?

Answers

it will increse the demand of dryers bc people like to buy as sets. so if the washers are 400 instead of 600 people will buy a dryer that is 600 and a wahser that is 400 and even out the price.
Since the price is at a low people will buy them. Most of the time when people buy washing machines. They also buy dryers so the demand for dryers will go up.

When making a career decision, you should reflect on your

Answers

Best Skill And Something You Love Doing

Answer: Value, skills and interest.

Explanation:

When making a career decision one must reflect on his or her values, skills and interest, this 3 things if we'll considered will help one in choosing the right educational or career path.

Values involving knowing yourself and the things that really matters and are important to you. Skills has to deal with things yo can do easily, what you are good at, this could be a talent or skill acquired through training.

Interest talks about the things you love to do, you are excited doing it at any time and you don't have to be coaxed doing it.

Q 1.16: spelling corporation only maintains enough finished product inventory to cover their average weekly order volume. although they occasionally find that their inventory does not cover their orders, they rarely have back orders. spelling corporation uses ________ inventory methods.

Answers

I think that Spelling Corporation uses JUST-IN-TIME inventory method.

Just-in-time inventory method requires producers to forecast demand as accurately as possible to ensure that the supply is sufficient to cover demand without excesses that may result to wastage and losses. Just-in-time inventory method promotes increase in efficiency in producing products.

Other inventory methods are manual counts, perpetual inventory, first-in first-out (FIFO), and last-in first-out (LIFO).

You are choosing between two health clubs. club a offers membership for a fee of $14 plus a monthly fee of $28. club b offers membership for a fee of $24 plus a monthly fee of $23. after how many months will the total cost of each health club be the​ same? what will be the total cost for each​ club? g

Answers

Final answer:

After 10 months, the costs of the two health clubs would be the same, equaling $294 for each club.

Explanation:

This question is about comparing the cost of two gym subscriptions over time. To solve this, we need to set up equations for each club and solve for when they are equal. For Club A, the cost is $14 (once) plus $28 for each month. If m represents the number of months, this can be expressed as the equation: Cost A = 14 + 28 m For Club B, the cost is $24 (once) plus $23 for each month. This can be expressed as: Cost B = 24 + 23 m

Setting these two equations equal to each other, we get: 14 + 28 m = 24 + 23 m. Solve this equation for m. This results in m = 10. So, after 10 months, the costs for the two clubs would be the same. To find out the total cost after this time, you can substitute m = 10 into any of the two equations, let's use Club A's equation: Cost A = 14 + 28*10 = $294.

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What kinds of valuable activities does one engage in when creating or examining works of art?

Answers

peace of mind will engage you

If the government offers a tax deduction to companies producing solar panels, what will happen in the market for solar panels?

Answers

The answer to this question is The supply curve will shift to the right, increasing supply. When the government offer tax deduction for the solar panels, The amount of cost that needed to produce that product will decrease. This means that by using the same amount of capital, now the company able to produce more quantity of products, which will lead to the right shifting of the supply curve and increased supply.

Answer:

Explanation:

The supply curve will shift to the right, increasing supply. When the government offer tax deduction for the solar panels, The amount of cost that needed to produce that product will decrease. This means that by using the same amount of capital, now the company able to produce more quantity of products, which will lead to the right shifting of the supply curve and increased.

How can finance manager improve revenues?

Answers

A finance manager allows for someone to have an "outside view" of the company, and can work with other managers, such as one over advertising, to boost the sales for a company overall.

Having a finance manager allows for someone to have an unbiased point of view, and can serve as a "real-truth" function. Obviously, as a business owner, you are going to have some bias in favor of the company. A finance manager allows for someone who has no bias to the rest of the company and strictly focuses on where your money can be best spent.

Many entrepreneurs also have a great idea, but have little to no business experience. A finance manager can help them use their investments and sales to the best benefit of the company.

Overall, a financial manager can increase your revenue with their experience in properly spending money and their unbiased view of the company.

Brittany needs to buy some term life insurance. She has evaluated two 20-year fixed premium policies. One policy will cost $30 a month for $100,000 in coverage. The other will cost $40 a month for $150,000 in coverage. Which policy is a better deal?

Answers

The best answer is 30$ to 100,000$ hope it helps

As the roman government became more efficient, it took on more functions. to pay for these services, rome ________.

Answers

the answer to this question is increased taxes on farmers who lived outside of Italy
Larger government will always result in larger government spending (which will led into a higher amount of tax that must be paid). Since roman do not want its people to turn on them due to the increase in tax, Roman government decided to take it from the people outside their empire.

Assuming this is referring to the Roman Empire, I would say that to pay for its new functions, it would have to increase taxes or tribute to pay for such things as an expanded military and the infrastructure involved in a vast empire (it contained 21% of the whole world's population at its peak). 

Which medium receives the majority of the nation’s advertising revenue?

Answers

Newspaper advertisements are as old as advertisement itself. Although it’s an antique method of promotion, it still receives a constant response and is extremely successful. both little and huge businesses still select this technique to market their products and services. ask them and nearly 100 % advertisers would choose newspapers as their primary advertising medium.

The expenditure approach to measuring gdp sums together​ ______, and the largest component is​ ______.

Answers

Final answer:

The expenditure approach to GDP measures the sum of consumption, investment, government spending, and net exports. The largest component of this is consumption, which represents all private consumer spending.

Explanation:

The expenditure approach to measuring GDP comprises of consumption, investment, government spending, and net exports. Out of these, the most significant component is consumption. Essentially, it is the sum of all private consumption, or consumer spending, in a nation's economy.

For instance, when households spend cash on things like food, clothing, housing, appliances, cars, medical care, education, these are included in consumption. This category makes up the largest component of GDP because consumers spend more money than any other group. The amount consumers spend has a considerable impact on the total GDP.

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Final answer:

The expenditure approach to measuring GDP involves summing together consumption, investment, government spending, and net exports. The largest component of this sum is consumption expenditure by households, accounting for about two-thirds of GDP. The GDP measures the value of the output of all goods and services produced within a country in a year.

Explanation:

The expenditure approach to measuring GDP sums together consumption, investment, government spending, and net exports. The largest component is consumption expenditure by households, which accounts for about two-thirds of the GDP in any year. This means that consumers' spending decisions are a significant influencer of the economy.

GDP measures the value of the output of all goods and services produced within the country in a year. It is assessed by taking the quantities of all goods and services produced, multiplying them by their prices, and summing the total. Therefore, GDP can be measured either by the sum of what is purchased in the economy or what is produced.

The total value of a nation's output is equal to the total value of a nation's income, which helps to understand the understanding of GDP being representative of both the sum of what is purchased or produced in an economy as well as the sum total of a nation's income.

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endorsements are not permitted in advertisements, according to the Federal Trade Commission
true or false

Answers

Well if you think about it there are hundreds of products and services that have celebrity endorsements in their advertisements. Just by that fact alone, I would say the answer is false.  

Answer:

The answer is False.

Explanation: This is because the FTC does allow endorsements as long as they are truthful. They are not banned because people see celebrity or athlete endorsements all the time.

How does personal responsibility play a role in the financial planning process?

Answers

Personal responsibility allows the individual to set targets and goals that may or may not be attained in the future. By having personal responsibility, the goals may become simpler or more expansive, depending on what types of goals are set. By making plans and sticking to them, the person can find that they will have financial security for their retirement.
Final answer:

Personal responsibility is essential in financial planning. It influences our choices concerning spending, working, and saving, and affects our decisions based on personal preferences. Through responsible decision-making, it aids in personal wealth accumulation and secure our financial future.

Explanation:

Personal responsibility plays a crucial role in the financial planning process; it shapes our decisions concerning buying, working, and saving, which can be seen as expressions of personal choice and freedom. Whether it's choosing a stressful but high-paying job, allocating a large portion of earnings to charity, or deciding to work for a large company or start a personal business, these are all expressions of personal responsibility. Moreover, personal preferences impact our financial decisions; some individuals may choose to consume more now, or save for a luxurious retirement or to accumulate wealth to pass on to future generations. Ultimately, financial planning requires a sense of personal responsibility, allowing us to make thoughtful choices to accumulate personal wealth and secure our financial future.

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Give examples of three cash crops that were grown in latin america and explain why they were cash crops.

Answers

Coffee/ sugar cane / bananas can grow on a small farm, lower startup costs and risks. Countries clear cut natural forests and wildlife to make room for these crops. without export, they cannot sustain the country.

Which franchise model do automobile dealerships usually follow?

Answers

Final answer:

Automobile dealerships generally operate under a franchise model, paying fees in exchange for rights to sell a franchisor's vehicles and benefiting from the franchisor's support. These dealerships are crucial to local economies, and their reputations can greatly affect long-term success. Competition from international car manufacturers has driven innovation and quality improvements in the U.S. automobile market.

Explanation:

Automobile dealerships typically follow a franchise model that involves purchasing the rights to start a business based on a franchisor's design. In this model, the franchisee benefits from brand recognition, training, supply chain support, and operational assistance. In exchange, the franchisee pays a franchise fee and ongoing royalty fees. This system allows for consistent service and product quality across different locations.

In recent times, some large automotive companies have restructured their dealership networks due to decreased sales and lower manufacturing outputs. This has had significant impacts on local economies where dealerships serve as substantial employers and economic contributors. Automobile dealerships take reputational risk seriously, as it can affect long-term profitability. Dealers with a longstanding reputation often invest in ensuring vehicle reliability to maintain positive word of mouth, while less established dealers or private sellers on platforms like Craigslist carry more risk for buyers due to the variable quality of the cars sold.

Amidst competitive pressure from global automakers, U.S. car manufacturers like General Motors, Ford, and Chrysler have improved their products significantly. This competition has led to greater innovation and responsiveness to consumer demands, contributing to the overall quality and variety of vehicles available in the automotive market.

Prior to its takeover by china in 1997, many hong kong chinese migrated to vancouver, canada. this illustrates the process of this type of diffusion.

Answers

The above illustrates the concept of Relocation diffusion. Relocation diffusion is the spread of a thought through physical development of individuals starting with one place then onto the next. Infectious Diffusion. Infectious Diffusion is the fast boundless dissemination of a trademark all through the populace. Jolt Diffusion.

What is an at risk driver ?

Answers

someone who is either intoxicated, or on prescription medication, or under the influence, so they're at risk for risking their lives, plus someone else's life.
Driver which is at risk

Your credit card company charges you 1.45 percent per month. what is the annual percentage rate on your account? 16.67 percent 16.79 percent 17.40 percent 18.00 percent 18.86 percent

Answers

Let x = the principal amount.

Value after 1 month = x(1 + 0.0145) = x*1.0145
Value after 2 months = x*1.1045²
...
Value after 12 months = x*1.1045¹² = 1.1886x

Interest paid = 1.1886x - x = 0.1886x
Annual percent interest = 100*(0.1886x/x) = 18.86%

Answer:  18.86%

___________ and links, such as personal network bluetooth devices, barcode readers, and handheld pdas, pose a security risk in terms of both eavesdropping and spoofing.

Answers

Websites/ Social Media
Final answer:

Wireless devices such as Bluetooth devices, barcode readers, and handheld PDAs present security risks including eavesdropping and spoofing. These devices can be used for spying, activating cameras and microphones, and interfering with important communication systems. Technologies like electronic toll collection systems further raise privacy and security concerns.

Explanation:

Wireless devices and links, such as personal network Bluetooth devices, barcode readers, and handheld PDAs, pose a security risk in terms of both eavesdropping and spoofing.

These devices, particularly cellphones, could potentially be tracked and spied upon by entities such as law enforcement or criminals. Given the right software, remote activation of a phone's microphone and camera can occur, effectively transmitting sensitive information to unauthorized users.

Other forms of wireless technologies like Bluetooth use microwaves to provide communications between devices in the 2.4Ghz range. Despite their convenience, such technologies increase the risk of interference with important communication equipment, such as in airports or hospitals, which can affect their operation.

Moreover, several technologies like electronic toll collection systems are used to monitor people's movements, adding to privacy and security concerns.

Therefore, even when data is collected anonymously, due to largely predictable human patterns, it frequently possible to trace it back to specific individuals.

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What did massey energy's managers order employees to do in the mines that violated federal mining regulations? les 305?

Answers

Massey Energy's managers ordered their workers to go into the mines despite the lack of safety inspections. This was a careless act done by the company because they knew the mines were not cleared as safe and they should not have let people go into the mines until they were checked. The company knew that they could persuade the employees to go into the mine because it is a high paying job and the miners are aware of the risks they take before entering into the mine.

True or false: because jargon can be confusing, it should never be used in business writing.

Answers

I believe this statement is false.
Jargon includes both slang, as well as technical terms. So if you are writing about a specific subject, you are more likely to use technical terms which are related to that subject you are talking about. So there are times when jargon can be used extensively, and when it should be avoided. 

Banks channel money from savers to borrowers to _____. investors the government scarce resources

Answers

Investors would be the answer 

5. Which of the following statements best describes a chart of accounts? A. It can contain only 39 accounts. B. It assures the equality of debits and credits. C. It contains the beginning balance for each account in the ledger. D. It’s a list of account titles in the order in which they can be found in the ledger

Answers

B.it assures the equality of debit and credit
B. It assures the equality of debits and credits. I got it right when I tested on it

A fruit fly is classified as a consumer rather than as a producer because it is unable to

Answers

Synthesise food. Producers are plants who can synthesize food with the help of sunlight and chlorophyll. Plants convert carbondioxide to carbohydrate through a process called photosynthesis. A fruit fly cannot synthesize food because it lacks chlorophyll. They depend upon plants for food and hence known as consumer.
Final answer:

A fruit fly is classified as a consumer because it cannot produce its own food via photosynthesis; instead, it must obtain energy by consuming other organisms. Fruit flies are a type of heterotroph, which includes all animals, fungi, some bacteria, and plants like the pitcher plant.

Explanation:

A fruit fly is classified as a consumer rather than as a producer because it is unable to produce its own food through processes such as photosynthesis. Consumers rely on eating other organisms for their energy and nutrients. In contrast, producers are organisms like plants and algae that create their own food using light energy through photosynthesis. Producers are also known as autotrophs, and they are crucial for ecosystem stability as they serve as the foundation for all food chains.

The common fruit fly, Drosophila melanogaster, is a well-studied example in research on how animals allocate energy for growth, maintenance, and reproduction. Since fruit flies are consumers, they maximize their reproductive potential by optimizing mate selection. Fruit flies, along with all animals, fungi, and some bacteria and plants, such as the pitcher plant, are classified as heterotrophs because they derive their energy from other organic substances rather than from photosynthesis.

To increase audience engagement and repeat​ usage, businesses can use ​ ______________ to add​ game-playing aspects to apps and web services.

Answers

The word to fill in the space is "Gamification'.

Gamification is the use of game-design components and diversion standards in non-game contexts. Gamification ordinarily uses game-design elements which are utilized as a part of non-game contexts to enhance client engagement, organizational productivity, flow, crowdsourcing, employee enlistment and assessment, usability, convenience of systems, physical exercise, road violations, voter apathy, and that's just the beginning

By which distribution system is more than 90 percent of u.s. coal shipped

Answers

the answer to this question is Railroads
This data was taken from statistics in 2009. As of 2009, approximately 90% of non-bulk cargo worldwide is moved by containers stacked on transport ship due to the development of containers materials that create stronger space at relatively low price.
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