5. Evaluating personal automobile policy features. Riley Bell of Atlanta, Georgia is a single, 40-year-old loan officer at a large regional bank; he has a 16-year-old son. He has decided to use his annual bonus as a down payment on a new car. One Saturday afternoon in late September, Riley visits Carlisle Motors and buys a new car for $32,000. To obtain insurance on the car, he calls his agent, Erin White, who represents Kane's Insurance Agency, and explains his auto insurance needs. Erin says that she'll investigate the various options for him. Three days later, Riley and Erin get together to review his coverage options. Erin offers several proposals, including various combinations of the following coverages: (i) basic automobile liability insurance, (ii) uninsured motorists coverage, (iii) automobile medical payments insurance, (iv) automobile collision insurance, and (v) comprehensive automobile insurance. Describe the key features of these insurance coverages. b. Are there any limitations on these coverages? Explain. Indicate the persons who would be protected under each type of coverage. d. What kind of insurance coverages would you recommend that Riley purchase? Explain your recommendation. a. C