5. Dave borrows Joe's car and negligently injures another person while driving Joe's car. Dave has...
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5. Dave borrows Joe's car and negligently injures another person while driving Joe's car. Dave has an auto policy with a limit of $100,000 per person for bodily injury liability. Joe insured his vehicle for $50,000 per person for bodily injury liability. How much will each insurance company pay if the injured person is awarded $85,000? 5. Dave borrows Joe's car and negligently injures another person while driving Joe's car. Dave has an auto policy with a limit of $100,000 per person for bodily injury liability. Joe insured his vehicle for $50,000 per person for bodily injury liability. How much will each insurance company pay if the injured person is awarded $85,000?
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If the injured person is awarded 85000 then Daves auto policy with a limit ... View the full answer
Related Book For
Principles of Risk Management and Insurance
ISBN: 978-0134082578
13th edition
Authors: George E. Rejda, Michael McNamara
Posted Date:
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