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After a few days, Roberts' insurance company contacts him and he learns that he was at fault. They provide him with a list of
After a few days, Roberts' insurance company contacts him and he learns that he was at fault. They provide him with a list of expenses below. Robert 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 $35,000 on the Dodge Ram. List of Damage/Injury Roberts' broken ribs Driver in other car's injuries Passenger 1 in other car's injuries Passenger 2 in other car's injuries Amount $6,200 $25,000 $75,000 $40,000 I 7.A. Part of policy that covers Per person liability Per person liability Per person liability/pip Per person liability 7.B. Maximum Amount Covered 7.C. Actual Amount Covered (Insurance) 7. C. Actual Amount Covered. (Robert) Property Damage to Roberts' Car Property Damage to other's car QT Gas Pump repair Totaled ($32,000 value) $13,000 $10,000 BOA Building Jasons' car- (damaged by debris. $8,000 in front of BOA) Totals $23,000 $200,200 Property Damage Collision Collision Collision Collision N/A QT Gas Pump repair BOA Building Jasons' car - (damaged by debris in front of BOA) Totals $10,000 $23,000 $8,000 $200,200 Collision Collision Collision N/A Answer the following: a. Match the parts of Roberts' policy to the specific damages listed above? (Liability Injury, Liability Property, Collision, Comprehensive, PIP) b. Based on his policy, what are the maximums his auto insurance will cover for each item listed? (List them separately using the table, do not worry about totals until part c) c. What is the total amount the insurance will cover and the total Robert will have to cover out of pocket for the entire accident? (Total for each, show your math, use the table, and mind the gap!) Focus M
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