1. Esperanza purchased an auto insurance policy with bodily injury liability limits of 250/500 ($250,000/$500,000). She also purchased a personal umbrella policy with a $1 million limit and a $500 self-insured retention. Andrea was talking on her cell phone while driving, and her car struck and killed a pedestrian in a crosswalk. The court ordered her to pay $750,000 to the spouse of the person she killed. How much will Esperanza, the automobile policy, and the personal umbrella policy pay for this claim? (4 points) 2. Tito purchased a personal umbrella policy with a $1 million limit and a $1,000 self-insured retention. The insurer required Tito to carry a $300,000 liability limit under the homeowners' policy. Tito was held responsible for slandering a public official. The public official won a $100,000 judgment against Tito. The insurer that wrote Tito's homeowners policy denied coverage. How much will the insurer pay under Tito's personal umbrella policy? (4 points) 3. Steve and Mary are art collectors. They own lithographs, etchings, and vintage photographs valued at over $250,000. Steve and Mary display their art collection at their home. They can insure this valuable personal property through a (2 points)