Question
Assume that the insured carried 100/300/50. Imagine the following claims filed by injured parties in the other vehicle: ? X sustains $90,000 in bodily injuries,
Assume that the insured carried 100/300/50. Imagine the following claims filed by injured parties in the other vehicle: ? X sustains $90,000 in bodily injuries, Y sustains $120,000 in bodily injuries, and Z sustains $100,000 in bodily injuries, W sustains $80,000 in bodily injuries. X, the other driver, also incurs $35,000 in automobile repair and rental car costs. U, a nearby homeowner, sustained $21,000 in property damage. V, another homeowner, sustained a $70, 000 in property damage. Show how much the insurer will pay for each victim.
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Authors: Zvi Bodie, Alex Kane, Alan J. Marcus
9th Edition
73530700, 978-0073530703
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