Question
Bill has motor vehicle insurance with bodily injury and property damage coverage in the amounts of 50/100/50. In addition, he has collision coverage with a
Bill has motor vehicle insurance with bodily injury and property damage coverage in the amounts of 50/100/50. In addition, he has collision coverage with a $500 deductible and comprehensive with a $100 deductible. Recently, Bill was at fault in an accident where he turned left at a traffic light into an oncoming car that had the right-of-way. Two individuals in the other car were injured. One had bodily injuries in the amount of $61,300 and the other had injuries totaling $48,700. Their vehicle, with replacement value of $26,900, was totalled. Bill was not physically injured; however, his vehicle sustained damages in the amount of $10,500.
How much will the insurance company pay on this accident? $
How much will Bill have to pay?
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