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5. Becky Fenton has 25/50/10 automobile insurance coverage. If two other people are awarded $30,000 each...

5. Becky Fenton has 25/50/10 automobile insurance coverage. If two other people are awarded $30,000 each for injuries in an auto accident in which the insured was judged at fault, how much of this judgement would insurance cover?

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Expert Solution

An insurance policy with 25/50/10 split means that $25,000 is the maximum amount payable for the bodily injury per person,  $50,000 is the maximum payable by the policy per accident; $10000 is the maximum coverage for property damage

Since 2 people are injured in the accident, maximum of $25000 can be awarded to 1 person, with the total for all persons being $50000

Hence, the insurance will cover $50000

jeff jeffy answered 2 years ago
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