Johann maintains a $75,000 insurance policy on his boat. he pays $50 per month in premiums and his deductible is $2,500. if he is involved in an accident that does $2,000 worth of damage to the boat, how much will he have to pay?

If he is involved in an accident that does $2,000 worth of damage to the boat, he will have to pay the full $2,000, since his deductible is $2,500, meaning that his insurance company only starts to pay for damage after it exceeds $2,500.