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Marika Katz bought a new Blazer and insured it with only compulsory insurance 10/20/5. Driving up to her summer home one evening, Marika hit a
Marika Katz bought a new Blazer and insured it with only compulsory insurance 10/20/5. Driving up to her summer home one evening, Marika hit a parked car and injured the couple inside. Marika's car had damage of $8,200, and the car she struck had damage of $6,500. After a lengthy court suit, the couple struck were awarded personal injury judgments of $17,300 and $8,300, respectively. a. What will the insurance company pay for this accident? Amount paid b. What is Marika's responsibility? Amount paid
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