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After a few days, Fred's' insurance company contacts him, and he learns that he was at fault. They provide him with a list of
After a few days, Fred's' insurance company contacts him, and he learns that he was at fault. They provide him with a list of expenses below. Fred has the following limits on his policy 50/100/25. He also has $5,000 in PIP coverage, full collision/comprehensive coverage, and uninsured motorist protection. His deductible is $1,000, he does not have gap insurance and owes $26,500 on the GMC Sierra. 7.A. Part of 7.B. Maximum policy that covers Amount Covered 7.C. Actual Amount Covered (Insurance) 7. C. Actual Amount Covered (Fred) List of Damage/Injury Amount Fred's' broken toes $5,600 Driver in other $60,000 car's injuries Passenger 1 in $35,000 other car's injuries Passenger 2 in $25,000 other car's injuries Property Damage to Totaled ($24,000 Carls Car value) Property Damage to $15,000 other's car Vallero Gas Pump $20,000 repair Home Depot $35,000 Sallys' car- (Damaged by $6,500 debris in front of Home Depot) Totals
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