Suppose a tree limb falls on your house during a storm and caused $9,500 worth of damage to your pool cage. the premium for your homeowners insurance is $150/month, and your deductible is $4,000 with an out-of-pocket maximum of $10,000. if this event is a covered event, how much will you need to pay a contractor to repair the damage to the pool cage?
a) $9,500
b) $4,000
c) $5,500
d) $5,800