John occasionally borrows the car of his friend, Sophie. Sophie has a PAP with liability limits of
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John occasionally borrows the car of his friend, Sophie. Sophie has a PAP with liability limits of 100/300/50. John also has a PAP, and his liability limits 250/500/50. John had an accident while using Sophie’s car and was found to be legally liable for $300,000 in bodily injury liability for injuries suffered by one person. How much will be paid by each policy?
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In this scenario both John and Sophie have Personal Auto Policies PAPs with liability coverage Since John was using Sophies car when the accident happ...View the full answer
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Related Book For 
Principles Of Risk Management And Insurance
ISBN: 0135180864
14th Global Edition
Authors: George E. Rejda, Michael McNamara
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