Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Marika Katz bought a new Blazer and has insurance coverage of ( 25 / 50 / 25 ) with ( $ 200 ) deductible for
Marika Katz bought a new Blazer and has insurance coverage of \\( 25 / 50 / 25 \\) with \\( \\$ 200 \\) deductible for collision. Driving up to her summer home one evening, Marika hit a parked car and injured the couple inside. Marika's car had damage of \\( \\$ 7,500 \\), and the car she struck had damage of \\( \\$ 5,800 \\). After a lengthy court suit, the couple struck were awarded personal injury judgments of \\( \\$ 18,000 \\) and \\( \\$ 9,000 \\), respectively. a. What will the insurance company pay for this accident? b. What is Marika's responsibility
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started