Christie temporarily lends her car to her friend, Matt.
Subsequently, Matt is involved in an accident while driving
Christie’s car. Matt and Christie have personal auto insurance
policies with liability insurance limits of $80,000 and $40,000,
respectively. The courts awarded a liability judgement of $60,000
against Matt. How much will each insurance policy pay?A. Matt's insurance is primary and will cover the entire
$60,000.B. The policies will split the losses on a pro-rata basis, with
Matt's and Christie's insurers covering...