Question

You have 25/50/10 automobile liability insurance with a $500 collision deductible and full-coverage comprehensive. You were at fault in an accident where the other driver’s car was a total loss. The other driver’s car was valued at $62,450. Your car is repairable, with damages of $13,500. The other driver had medical bills totaling $25,200. Her spouse was a passenger and had medical bills totaling $28,900. A passenger in your car had medical bills totaling $4,800. How much are you liable for after the insurance company pays out?

Answer 1

If you own a 25/50/10 Policy

The 25 means that your carrier will pay out up to 25000 for each person injured in an accident that was your fault.

50 means that 50000 of coverage altogether for injuries in an accident

10 means that 10000 of coverage for property damage to other peoples vehicle.

In short

25 - each person injured

50- altogether for injuries

10 - property damage to other peoples

1. The other driver’s car was valued at $62,450.

Not fully covered because here maximum coverage is 10000

2. Damaged to policy holders car is repairable, with damages of $13,500.

not Fully covered   maximum coverage is 10000

3. The other driver had medical bills totaling $25,200. Her spouse was a passenger and had medical bills totaling $28,900. A passenger in your car had medical bills totaling $4,800. total =58900

Not Covered, because medical bill equal to 25000 each and maximum 50000 that means total bill is 58900 our coverage is up to 50000 so thats why this is not fully covered.

How much are you liable for after the insurance company pays out?

for medical bill 58900-50000 = 8900

for car damages 62450-10000 = 52450