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Kevin has three liability policies which provide for contribution by equal shares if other insurance applies to the same loss. How much will each policy

Kevin has three liability policies which provide for contribution by equal shares if other insurance applies to the same loss. How much will each policy pay for a $6m liability judgment if policy A provides $1m of coverage, policy B provides $2m of coverage, and policy C provides $6m of coverage?

a. Each policy will pay $1m, and Kevin must pay the remaining $3m.

b. Policy A will pay $1m, policies B and C will each pay $2m, and Kevin must pay the remaining 1m.

c. Policy A will pay $1m, policy B will pay $2m, and policy C will pay $3m.

d. Each policy will pay $2m.

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