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2. A. You are in an accident and have the NJ state minimum coverages of 25/50/25. What will your auto policy pay if you are
2. A. You are in an accident and have the NJ state minimum coverages of 25/50/25. What will your auto policy pay if you are liable for an accident in NJ in which there is bodily injury to victim 1 of $50,000, bodily injury to victim 2 of $20,000, victim #3 of 25,000 , and property damage of $30,000 ? Assume that victim \#1 files first, victim \#2 files second, and victim \#3 files third. b. How would the payment change if you had $100,000 single limit policy
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