You swerve to avoid an animal in the road and cause a car accident. Use the following information to answer the 3 questions at the bottom. - You and the driver of the other car were the only people involved in the accident. - You were not injured. - You have a 50/100/50 liability insurance policy with no deductible. - You have collision insurance with a deductible of $1,000. - The other driver's bodily injury claim is $60,000 for medical expenses related to a broken leg. - The other car was valued at $25,000 and requires $7,000 in repairs. - Your car was valued at $13,000 and requires $15,000 in repairs. - The accident damaged a city light pole that will cost $1,800 to replace. ****Use the information above to determine the following: 1. What is the total amount your liability insurance will pay for the accident? 2. What is the total amount your collision insurance will pay for the accident? 3. What is the amount of additional damages you are responsible for as a result of the accident?
You swerve to avoid an animal in the road and cause a car accident. Use the following information to answer the 3 questions at the bottom. - You and the driver of the other car were the only people involved in the accident. - You were not injured. - You have a 50/100/50 liability insurance policy with no deductible. - You have collision insurance with a deductible of $1,000. - The other driver's bodily injury claim is $60,000 for medical expenses related to a broken leg. - The other car was valued at $25,000 and requires $7,000 in repairs. - Your car was valued at $13,000 and requires $15,000 in repairs. - The accident damaged a city light pole that will cost $1,800 to replace. ****Use the information above to determine the following: 1. What is the total amount your liability insurance will pay for the accident? 2. What is the total amount your collision insurance will pay for the accident? 3. What is the amount of additional damages you are responsible for as a result of the accident?
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Your Question:
You swerve to avoid an animal in the road and cause a car accident. Use the following information to answer the 3 questions at the bottom.
- You and the driver of the other car were the only people involved in the accident. - You were not injured.
- You have a 50/100/50 liability insurance policy with no deductible.
- You have collision insurance with a deductible of $1,000.
- The other driver's bodily injury claim is $60,000 for medical expenses related to a broken leg.
- The other car was valued at $25,000 and requires $7,000 in repairs.
- Your car was valued at $13,000 and requires $15,000 in repairs.
- The accident damaged a city light pole that will cost $1,800 to replace.
****Use the information above to determine the following:
1. What is the total amount your liability insurance will pay for the accident?
2. What is the total amount your collision insurance will pay for the accident?
3. What is the amount of additional damages you are responsible for as a result of the accident?
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