Stephen Bjork's insurance policy reads as follows:

Coverage;	Limits
Bodily Injury/Property Damage	$250,000/$500,000/$100,000
Personal Injury Protection	$150,000 Per-Person
Uninsured Motorist	$100,000/$300,000
Physical Damage: Collision Comprehensive	Deductible = $1,000 Deductible = $500
Emergency Road Service	Up to $95
Rental Reimbursement	Up to $25 per day, $750 maximum

He gets into a car accident that is his fault. Below are the costs attributed to this accident:

• He is injured and his medical bills are $8,200
• The other driver is injured and her medical bills are $25,290
• The other driver sues and wins $35,000
• Stephen's legal defense costs $5,052
• The other driver's Mercedes costs $32,000 to repair
• Stephen's car costs $4,200 to repair
• Stephen's car is towed from the scene of the accident for a cost of $110
• Stephen rents a car for seven days and it costs $220

How much will his policy payout on this loss?

Answer rating: 100% (QA)

Actually Incurred Covers Reimbursement Repair to Cars 10676 500000 10676 Med... View the full answer