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Your friend comes to you for advice. They just got a new car and the dealership set them up with an insurance policy. Your friend

Your friend comes to you for advice. They just got a new car and the dealership set them up with an insurance policy. Your friend wants to know: 1. What it means that their policy is a "50/100/50" policy; 2. What is comprehensive coverage vs collision coverage? 3. What is uninsured motorist coverage? 4. All your friend owns is this new car, which they bought for $10,000. Is the 50/100/50 policy right for them?

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