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Kevin lets his college roommate, Dan, borrow his car. Dan gets into an accident resulting in $10,000 of liabiiity claims. Both of them have automobile
Kevin lets his college roommate, Dan, borrow his car. Dan gets into an accident resulting in $10,000 of liabiiity claims. Both of them have automobile insurance policies with coverage for $50,000 of liability claims. How would thes claims be paid?
a. Dan's and Kevin's Insurance Companies would each pay $5,000 | ||
B. | $10,000 would be paid from Dan's Insurance Company | |
C. | Dan would personally pay $10,000 since he was at fault | |
D. | $10,000 would be paid from Kevin's Insurance Company |
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