Question
Use the information in the scenario below to answer 17 and 18 Personal automobile policy coverage. Finn Stone has a PAP with coverage of $25,000/$50,000
Use the information in the scenario below to answer 17 and 18
Personal automobile policy coverage. Finn Stone has a PAP with coverage of $25,000/$50,000 for bodily injury liability, $25,000 for property damage liability, $5,000 for medical payments, and a $500 deductible for collision insurance. How much will his insurance cover in each of the following situations?
17. If Finn loses control and skids on ice, running into a parked car and causing $3,785 damage to the unoccupied vehicle and $2,350 damage to his own car.
a. $6135.00
b. $6635.00
c. $5635.00
d. None of the above
18. Finn runs a stop sign and causes a serious auto accident, badly injuring two people. The injured parties win lawsuits against him for $30,000 each.
a. $60,000.00
b. $45,000.00
c. $50.000.00
d. $55,000.00
e. None of the above
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