Financial Planning Exercise 5 Personal automobile policy coverage Finn Stone has a PAP with coverage of $15,000/$30,000 for bodily injury liability, $15,000 for property damage liabity, $10,000 for medical payments, and a $500 deductible for collision insurance. How much will his insurance covec in each of the following situations? Will he have any out-of-pocket costs? Round the answers to the whole dollar, if necessary, Leave no celis blank, be sure to enter " 0 " wherever required, a. Finn loses control and skids on ice, running into a parked car and causina $4,050 damage to the unoccupied vehicle and $2,570 damage to his own cat. Total paid by the insurance company: Finn's out-of-pocket costs: b. Finn runs a stop sign and causes a serious auto acodent, badiy infuring two people. The injured porties win lawsuits against him tor 125,000 each. Total paid by the insurance company: Finn's out-of-pocket costs (for both victims): c. Finn's 18-year-old son borrows his car, He backs into a telephone pole and causes $1,500 damage to the car. Total paid by the insurance company: Firn's out-of pocket costs