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If you were to total your car in an accident at which you are at fault, your insurance company is likely to pay to repair
If you were to total your car in an accident at which you are at fault, your insurance company is likely to pay to repair your car. This is because $35,000 Assume your state's minimum liability limits for an automobile policy are 25/50/25. Next assume that you ca $19,500 injuries to three people, each with medical expenses of $200,000. The maximum bodily injury payout that co insurance company for this accident is ent that involves multiple on your behalf by your $0 Based on the large-loss principle, should you modify your existing automobile insurance coverage? No, don't change your existing policy. O Yes, but only increase the amount of liability coverage to the existing policy O Yes, increasing both the amount of liability coverage carried and the comprehensive and collision coverages added to the policy. o Yes, but only add comprehensive and collision coverages to the existing policy. If you were to total your car in an accident at which you are at fault, your insurance company is likely to pay to repair your car. This is because $35,000 Assume your state's minimum liability limits for an automobile policy are 25/50/25. Next assume that you ca $19,500 injuries to three people, each with medical expenses of $200,000. The maximum bodily injury payout that co insurance company for this accident is ent that involves multiple on your behalf by your $0 Based on the large-loss principle, should you modify your existing automobile insurance coverage? No, don't change your existing policy. O Yes, but only increase the amount of liability coverage to the existing policy O Yes, increasing both the amount of liability coverage carried and the comprehensive and collision coverages added to the policy. o Yes, but only add comprehensive and collision coverages to the existing policy
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