Jim drove his car into a home and wiped out the car in front of him,...

Jim drove his car into a home and wiped out the car in front of him, the home, and a pedestrian. Jim has auto liability insurance of 25/50/10. He also has medical payments coverage of $1,000 and a $250 deductible on his collision coverage. The following damage resulted:

Pedestrian's claims	$29,000
Jim's injuries	1,500
Other driver's claims	12,000
Passenger's (in other car) claims	20,000
Damage to Jim's car	11,500
Damage to other car	12,500
Damage to the home	8,000

How much will Jim's auto insurance coverage pay for this accident? How much will Jim be personally responsible for?

Expert Solution

Formula spreadsheet

jeff jeffy answered 8 months ago

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