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##### Poor visibility caused Vicky Weiner's car to crash into another car. She had 25/

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Poor visibility caused Vicky Weiner's car to crash into another car. She had 25/50/10 vehicle insurance and collision coverage with a \$300 deductible. Damage to her car was \$3687 and to the other car was \$11,200. The driver of the other car had \$43,000 in medical expenses and the passenger of the other car had \$37,000 in medical expenses. How much will the company pay and how much must Vicky Weiner pay?

Oct 19th, 2017

She has collision coverage - so out damage to her car she will only pay \$300 deductible and Insurance will pay the rest \$3387

As for the liability: the total maximum per accident covered is \$50 000 , so if we add \$43 000+\$37 000 = \$80 000, so Insurance will pay \$50 000 and she will have to pay \$30 000.

for the property damage the limit on her insurance is \$10 000 and she will still be responsible for \$1 200

So the total Vicky will pay is \$300 + \$30 000 +\$1 200 = \$31 500

and insurance will pay \$50 000 + \$ 10 000 + \$3 387 = \$63 378

Let me know if you have any questions and please best my answer

Apr 24th, 2015

Apr 24th, 2015

Bonds repay the face value in a lump sum in the future. A) True B) False

Apr 24th, 2015

At a maturity date - yes it is one of the options.

Apr 24th, 2015

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Oct 19th, 2017
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Oct 19th, 2017
Oct 20th, 2017
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