In: Accounting
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?