Fred has a PAP with the following coverages: Liability coverages: 100/300/50 Medical payments coverage: $5,000 each person Uninsured motorists coverage: $25,000 each person Collision loss: $250 deductible Other-than-collision loss: $100 deductible With respect to each of the following situations, a) indicate whether the loss is covered; b) if covered, how much is paid by insurance policy. Assume that each situation is a separate event. Fred's son, age 16, is driving a family car and kills a pedestrian. The family of the deceased pedestrian sues for $500,000 Fred borrows a friend's car to go to the supermarket. He fails to stop at a red light and negligently smashes into another motorist. His friend only has liability insurance with a single limit of $9,000. The other driver's car, valued at $10,000, it totally destroyed. In addition, damages to the friend's car are $3,000. Fred has a PAP with the following coverages: Liability coverages: 100/300/50 Medical payments coverage: $5,000 each person Uninsured motorists coverage: $25,000 each person Collision loss: $250 deductible Other-than-collision loss: $100 deductible With respect to each of the following situations, a) indicate whether the loss is covered; b) if covered, how much is paid by insurance policy. Assume that each situation is a separate event. Fred's son, age 16, is driving a family car and kills a pedestrian. The family of the deceased pedestrian sues for $500,000 Fred borrows a friend's car to go to the supermarket. He fails to stop at a red light and negligently smashes into another motorist. His friend only has liability insurance with a single limit of $9,000. The other driver's car, valued at $10,000, it totally destroyed. In addition, damages to the friend's car are $3,000