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Assume you have a Personal Automobile Policy with 50/100/10 split limits. You are responsible for an accident which causes property damage to a sidewalk cafe
Assume you have a Personal Automobile Policy with 50/100/10 split limits. You are responsible for an accident which causes property damage to a sidewalk cafe and injures four persons. The injured people successfully sue you for $5,000, $10,000, $30,000 and $80,000 and the caf owner successfully sue you for $5,000. Your insurance company will pay:
a. $65,000
b. $67,500
c. $127,500
d. $130,000
e. None of the above
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