Elaine Peyton was recently in a car accident with the Smith family, in which she was found
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Question:
Elaine Peyton was recently in a car accident with the Smith family, in which she was found to be at fault, and has provided her automobile insurance company with the following bills:
$10,044 damage to the Smiths' vehicle—actual cash value
$6,212 damage to Elaine's vehicle—actual cash value
$14,585 medical bills for Elaine
$98,867 medical bills for Mr. Smith
$55,898 medical bills for Mrs. Smith
Based on the information provided, what would be the total amount of coverage provided by the Peytons' automobile policy?
Related Book For
Personal Finance Turning Money into Wealth
ISBN: 978-0134730363
8th edition
Authors: Arthur J. Keown
Posted Date: