Answered step by step
Verified Expert Solution
Question
1 Approved Answer
A drunk driver ran a red light and smashed into Kristens car. The cost to repair the car is $8000. She has collision insurance on
A drunk driver ran a red light and smashed into Kristens car. The cost to repair the car is
$8000. She has collision insurance on her car with a $500 deductible.
a. Can Kristen collect from both the negligent drivers insurer and her own insurer? Explain your answer.
b. Explain how subrogation supports the principle of indemnity.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started