A drunk driver ran a red light and smashed into Kristen's car. The cost to repair the

Question:

A drunk driver ran a red light and smashed into Kristen's car. The cost to repair the car is $8000. She has collision insurance on her car with a $500 deductible.
a. Can Kristen collect from both the negligent driver's insurer and her own insurer? Explain your answer.
b. Explain how subrogation supports the principle of indemnity.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Principles Of Risk Management And Insurance

ISBN: 399

12th Edition

Authors: George E. Rejda, Michael McNamara

Question Posted: