Would really appreciate some help if anyone knows the answers to these, thanks in advance

The auto loss situations described below occur to Fred Jones, a single 22-year-old man who has the following coverage limits on the personal auto policy covering his 1968 Chevrolet Sport van (replacement cost of $30,000, with $27,000 depreciation): Coverage A: Liability Coverage: Bodily Injury Liability Bodily Injury Liability Property Damage Liability $15,000 each person $30,000 each accident $5,000 each accident Coverage B: Medical Payments: $2,000 each person Coverage C: Uninsured Motorist: Bodily Injury Liability Bodily Injury Liability $15,000 each person $30,000 each accident Coverage D: Physical Damage: Purchased Loss other than Collision coverage only ($1000 deductible) Multiple choice questions (50 Points: 10 questions each worth 5 points) 1. While driving in a rainstorm, Fred loses control of his van and hits an unoccupied car parked in a parking spot along the street. The car, a Mazda Miata convertible ($23,500 replacement cost with $14,500 depreciation), is a total loss. In their investigation of the accident, the police cite Fred for reckless driving. Which of the following will Fred's insurer pay for damage to the Miata? a. $23,500 b. $9,000 c. $8,000 d. $5000 e. $0 2. Refer to the previous question. Fred causes significant damage to his van, and the cost to repair the vehicle equals $11,000. How much, if any, will Fred receive for the damage to the van. a. $11,000 b. $10,000 c. $3000 d. $2000 e. $0 3. Fred negligently runs over Daphne while she is legally crossing the street in a crosswalk. The police cite Fred for negligently causing the accident. Daphne files a lawsuit for $20,000 to reimburse her for her medical expenses and lost wages, as well as an additional $40,000 for pain and suffering. The cost to defend Fred from the lawsuit equals $17,000. How much will Fred's insurer pay on these three monetary amounts? a. $15,000 b. $30,000 c. $32,000 d. $60,000 e. $77,000 4. While driving the van, Fred is struck by an uninsured car driven by a car thief. The thief who stole the car is cited by police for causing the accident. Fred is hospitalized and incurs total medical expenses of $13,000. Fred's lost wages equal $3,000 for the three weeks he is out of work. How much, if any, will Fred's insurer pay on these two expense amounts? a. $0 b. $13,000 c. $15,000 d. $16,000 e. none of the above 5. While jogging down a street, Fred is struck by a forty-year-old man driving a pick-up truck that is legally insured for his state's minimum insurance requirement. Fred suffers $6,000 in emergency room bills. Fred also cannot work for three weeks, resulting in the loss of $3,000 of wages. The truck driver is cited by the police for causing the accident. Please note that you should not assume that Fred can collect from the driver. Instead, focus your answer on how much, if any, that Fred can collect from his own auto insurer. a. $0 b. $2000 c. $3000 d. $6000 e. $9000 6. Fred takes his friend Velma to a mall. At the end of the day, they return to the parking lot and discover that thieves stole Velmas laptop computer (replacement cost of $3000 with $2,000 depreciation), which was in the back seat of the van. The van was not locked. How much if any will Fred's PAP insurer pay for the stolen item? a. $3000 b. $2000 c. $1000 d. $0 e. none of the above 7. Fred drives his van to school. At the end of the day, he returns to the parking lot and discover that the locked van has mysteriously vanished. Given that the cost to replace the stolen van is $30,000, but depreciation on the van equals $27,000, how much if any will Fred's insurer pay for the theft? a. $30,000 b. $29,000 C. $3000 d. $2000 e. none of the above 8. Fred's friend Shaggy owns a motorcycle. Fred is riding on the motorcycle on the seat behind Shaggy when Shaggy loses control of the motorcycle and drives off the side of the street. Fred incurs a $7000 bill at a nearby hospital emergency room due to the accident. How much if any of the $7000 will be paid by Fred's PAP insurer? a. $0 b. $1000 c. $2000 d. $7000 e. none of the above 9. Which of the following parts of the PAP are experience rated such that a claim results in an increase in the named insured's premium? a. Part A Liability coverage b. Part D Collision coverage c. Part D Comprehensive (Loss other than collision) coverage d. Answers a and b above e. All the above are experience rated 10. Which of the following parties are routinely covered for insured losses under the personal auto policy? a. The spouse of the named insured b. The daughter of the named insured who spends nine months of the year 200 miles away from home at college The bank that provided a car loan to the named insured so that he could buy the vehicle covered under the policy d. Answers a and b above e. All the above are routinely covered c. The auto loss situations described below occur to Fred Jones, a single 22-year-old man who has the following coverage limits on the personal auto policy covering his 1968 Chevrolet Sport van (replacement cost of $30,000, with $27,000 depreciation): Coverage A: Liability Coverage: Bodily Injury Liability Bodily Injury Liability Property Damage Liability $15,000 each person $30,000 each accident $5,000 each accident Coverage B: Medical Payments: $2,000 each person Coverage C: Uninsured Motorist: Bodily Injury Liability Bodily Injury Liability $15,000 each person $30,000 each accident Coverage D: Physical Damage: Purchased Loss other than Collision coverage only ($1000 deductible) Multiple choice questions (50 Points: 10 questions each worth 5 points) 1. While driving in a rainstorm, Fred loses control of his van and hits an unoccupied car parked in a parking spot along the street. The car, a Mazda Miata convertible ($23,500 replacement cost with $14,500 depreciation), is a total loss. In their investigation of the accident, the police cite Fred for reckless driving. Which of the following will Fred's insurer pay for damage to the Miata? a. $23,500 b. $9,000 c. $8,000 d. $5000 e. $0 2. Refer to the previous question. Fred causes significant damage to his van, and the cost to repair the vehicle equals $11,000. How much, if any, will Fred receive for the damage to the van. a. $11,000 b. $10,000 c. $3000 d. $2000 e. $0 3. Fred negligently runs over Daphne while she is legally crossing the street in a crosswalk. The police cite Fred for negligently causing the accident. Daphne files a lawsuit for $20,000 to reimburse her for her medical expenses and lost wages, as well as an additional $40,000 for pain and suffering. The cost to defend Fred from the lawsuit equals $17,000. How much will Fred's insurer pay on these three monetary amounts? a. $15,000 b. $30,000 c. $32,000 d. $60,000 e. $77,000 4. While driving the van, Fred is struck by an uninsured car driven by a car thief. The thief who stole the car is cited by police for causing the accident. Fred is hospitalized and incurs total medical expenses of $13,000. Fred's lost wages equal $3,000 for the three weeks he is out of work. How much, if any, will Fred's insurer pay on these two expense amounts? a. $0 b. $13,000 c. $15,000 d. $16,000 e. none of the above 5. While jogging down a street, Fred is struck by a forty-year-old man driving a pick-up truck that is legally insured for his state's minimum insurance requirement. Fred suffers $6,000 in emergency room bills. Fred also cannot work for three weeks, resulting in the loss of $3,000 of wages. The truck driver is cited by the police for causing the accident. Please note that you should not assume that Fred can collect from the driver. Instead, focus your answer on how much, if any, that Fred can collect from his own auto insurer. a. $0 b. $2000 c. $3000 d. $6000 e. $9000 6. Fred takes his friend Velma to a mall. At the end of the day, they return to the parking lot and discover that thieves stole Velmas laptop computer (replacement cost of $3000 with $2,000 depreciation), which was in the back seat of the van. The van was not locked. How much if any will Fred's PAP insurer pay for the stolen item? a. $3000 b. $2000 c. $1000 d. $0 e. none of the above 7. Fred drives his van to school. At the end of the day, he returns to the parking lot and discover that the locked van has mysteriously vanished. Given that the cost to replace the stolen van is $30,000, but depreciation on the van equals $27,000, how much if any will Fred's insurer pay for the theft? a. $30,000 b. $29,000 C. $3000 d. $2000 e. none of the above 8. Fred's friend Shaggy owns a motorcycle. Fred is riding on the motorcycle on the seat behind Shaggy when Shaggy loses control of the motorcycle and drives off the side of the street. Fred incurs a $7000 bill at a nearby hospital emergency room due to the accident. How much if any of the $7000 will be paid by Fred's PAP insurer? a. $0 b. $1000 c. $2000 d. $7000 e. none of the above 9. Which of the following parts of the PAP are experience rated such that a claim results in an increase in the named insured's premium? a. Part A Liability coverage b. Part D Collision coverage c. Part D Comprehensive (Loss other than collision) coverage d. Answers a and b above e. All the above are experience rated 10. Which of the following parties are routinely covered for insured losses under the personal auto policy? a. The spouse of the named insured b. The daughter of the named insured who spends nine months of the year 200 miles away from home at college The bank that provided a car loan to the named insured so that he could buy the vehicle covered under the policy d. Answers a and b above e. All the above are routinely covered c