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Presume you have the following coverages on your policy $50,000 per person, $100,000 per accident in bodily injury liability coverage and $10,000 in property damage

Presume you have the following coverages on your policy $50,000 per person, $100,000 per accident in bodily injury liability coverage and $10,000 in property damage coverage. You are involved in an accident which you are deemed to be 80% fault and the other driver is deemed to be 20% at fault. As a result of the accident the the other vehicle sustained 10,000 in property damage coverage and it $2,500 worth of damage to a parked car that you also hit as a result of the accident. The driver of the other car had 3 passengers who sustained injuries worth the following amounts.

Driver $50,000

passenger 1 $30,000

passenger 2 $30,000

passenger 3 $15,000

How much will your insurance company pay out on damages to each vehicle and to each injured party. What is your potential exposure?

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