3. Gayla has a standard personal automobile policy on her family's cars. Liability coverage is $100,000/$300,000/$50,000. Gayla's daughter, Letitia, attends college in another state, and drives one of the family cars. Letitia loaned the car to her boyfriend, Dewayne. Dewayne got into an accident in which another motorist, Suzanne, was injured. Suzanne sued Dewayne, claiming that Dewayne's negligence caused the accident. The court awarded Suzanne $115,000 in damages. What portion, if any, of this loss is covered by Gayla's insurance? Page 3 of 4 14. Extra credit: An insurance company estimates its objective risk for 10,000 exposures to be 10 percent. Assuming the probability of loss remains the same, what would happen to the objective risk if the number of exposures were to increase to 1 million