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You drive a 4 year old truck valued at $15,000. You have a $70,000 personal automobile policy with $12,000 per-person medical payments coverage and both
You drive a 4 year old truck valued at $15,000. You have a $70,000 personal automobile policy with $12,000 per-person medical payments coverage and both collision ($500 deductible) and comprehensive coverage. Your neighbor drives a five-year old SUV valued at $10,000. Your neighbor has a 25/50/15 automobile policy with $15,000 in medical payments coverage and both collision ($200 deductible) Early one morning your neighbor was driving down the street while you were driving the opposite way to drop your friend off at her house and your neighbor swerved into your lane and struck your vehicle. Below you will find the damage caused by the accident: Your Bodily Injury: $7,000 Your Friend's Bodily Injury: $25,000 Your Car: $8,500 Neighbor's Bodily Injury: $3,000 Neighbors Car: $9,000 Using the information above, find the following: a) How much will your policy pay for your bodily injury? 0 b) How much will your policy pay for your friend's bodily injury? You are incorrect c) How much will your neighbor be reimbursed for his car? 8800 You are correct 12000 You are incorrect Round to the nearest cent. DO NOT USE COMMAS OR $. X
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