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Assume that you have an auto policy with the following coverages and limits of insurance. $500 deductible; Collision $1000 deductible. You are involved in a

Assume that you have an auto policy with the following coverages and limits of insurance. $500 deductible; Collision $1000 deductible. You are involved in a head-on collision with Phil for which Phil is at fault. You incur $60,000 of bodily injury and your car has damages of $15,000. Phil has no auto insurance. Which part of your auto policy, if any, will pay for your bodily injury damages? If payment is rendered, how much will your auto policy pay on the bodily injury damages?

  • A. There is no payment for the damages under your auto policy.
  • B. Part A; $60,000
  • C. Part C; $50,000
  • D. Part C; $60,000

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