Question: Larry Simmons has split limit 100/300/50 automobile liability insurance. Several months ago Larry was in an accident in which he was found to be at

Larry Simmons has split limit 100/300/50 automobile liability insurance. Several months ago Larry was in an accident in which he was found to be at fault. Four passengers were seriously inured in the accident and were awarder $100,00 each because of Larry's negligence. House much of this judgment will Larry's insurance policy cover ? What amount will Larry have to pay out of pocket ?

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