A GL claim reserve is $15,000, and the deductible is $1,500. What amount remains after deductible before policy limits?
Correct Answer
A) $13,500.
The amount after deductible is $15,000 - $1,500 = $13,500.
Why This Is the Correct Answer
The amount after deductible is $15,000 - $1,500 = $13,500.
Why the Other Options Are Wrong
Option B: $6,750.
$6,750. is below the supported result for insurance deductible calculation; it likely omits allowance, conversion, coverage, or final round-up.
Option C: $12,150.
$12,150. is below the supported result for insurance deductible calculation; it likely omits allowance, conversion, coverage, or final round-up.
Option D: $8,500.
$8,500. is below the supported result for insurance deductible calculation; it likely omits allowance, conversion, coverage, or final round-up.
Memory Technique
Estimating Claim takeoff: count the condition before counting the package.
Reference Hint
Study anchor (closed-book): memorize Insurance deductible calculation from CSLB 2026 Law Book; CSLB workers' compensation guidance; California. / CSLB Law Book insurance study concepts; know the rule or calculation trigger without relying on exam-room lookup.
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