Auto Insurance for Rob Worley Rob Worley of Richmond, Virginia, is a divorced 40-year-old loan officer at the Dominion Bank; he has a 16-year-old son. He has decided to use his annual bonus as a down payment on a new car. One Saturday afternoon in late December, he visits University Auto Mall and buys a new car for 528,000. To obtain insurance on the car. Rob calls his agent, Karen Cunningham, who represents Charter Insurance Company, and explains his auto insurance needs. Karen says she'll investigate the various options for him. Three days later, Rob and Karen get together to review his coverage options, Karen offers several proposals, including various combinations of the following coverages: (a) basic automobile liability insurance, (b) uninsured motorists coverage. (c) automobile medical payments insurance. (d) automobile collision insurance, and (e) comprehensive automobile insurance. Critical Thinking Questions 1. Describe the key features of these insurance coverages. 2. Are there any limitations on these coverages? Explain. 3. Indicate the persons who would be protected under each type of coverage. 4. What kind of insurance coverages would you recommend that Rob purchase? Explain your recommendation Auto Insurance for Rob Worley Rob Worley of Richmond, Virginia, is a divorced 40-year-old loan officer at the Dominion Bank; he has a 16-year-old son. He has decided to use his annual bonus as a down payment on a new car. One Saturday afternoon in late December, he visits University Auto Mall and buys a new car for 528,000. To obtain insurance on the car. Rob calls his agent, Karen Cunningham, who represents Charter Insurance Company, and explains his auto insurance needs. Karen says she'll investigate the various options for him. Three days later, Rob and Karen get together to review his coverage options, Karen offers several proposals, including various combinations of the following coverages: (a) basic automobile liability insurance, (b) uninsured motorists coverage. (c) automobile medical payments insurance. (d) automobile collision insurance, and (e) comprehensive automobile insurance. Critical Thinking Questions 1. Describe the key features of these insurance coverages. 2. Are there any limitations on these coverages? Explain. 3. Indicate the persons who would be protected under each type of coverage. 4. What kind of insurance coverages would you recommend that Rob purchase? Explain your recommendation