Did lyer make the most economical decision

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Reference no: EM131953350

Tyler just wrecked his new Nissan, and the was his fault. The owner of the other vehicle ot two estimates for the repairs: one was for $534. and the other was for $595. Tyler is thinking of keeping theinsurance companies out of the incident to keep his diving record "clean.

Tyler's deductible on his comprehensive $50 nd he does not lease because accident regard, Tyler rise by $55 ir he fil e di Tyler sonal check for $634 Payable the owner ottha har vehicle Assuma that lyer keeps his Niasan tor two more years and that hs premiums d not change each subsequent year Vhat the cost ot claning 10 the insurance company Did lyer make the most economical decision (as opposed to claming to the insurance company?

What If Tler claims lo the insurance company, he wil pay und to the nearest dular.

Reference no: EM131953350

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