Glenda has automobile insurance with medical payments in the amount of $2000, and $50-deductible collision insurance. In an accident in which Glenda is at fault, $350 worth of damage is done to her car. In addition, Glenda spends a day at the hospital for observation. She is found to have no serious injuries and released, but her hospital bill is $276. How much will the insurance company pay for Glenda's expenses? Benefit payment?
Accepted Solution
A:
The total of Glenda’s bills comes to $526. This is adding the $350 car damage and the $276 hospital bill. If you subtract her deductable, which she will pay out of pocket, the total comes to $576 – which is how much the insurance company will pay.