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Assume Jack has an auto insurance policy of 25/75/50. He was involved in an accident in which he was found at fault. The court awarded
Assume Jack has an auto insurance policy of 25/75/50. He was involved in an accident in which he was found at fault. The court awarded damages to three people for bodily injuries amounting to $15,000, $30,000 and $26,000. He also caused damage to the other drivers car amounting to $28,500 and damage to store front of $32,500. Based on his policy, calculate how much the insurance pays and how much Jack pays out of pocket.
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