Question: Please answer all the questions. Paul Chaney's personal auto policy is endorsed to provide $50,000 in underinsured motorists coverage. He is injured in an accident


Paul Chaney's personal auto policy is endorsed to provide $50,000 in underinsured motorists coverage. He is injured in an accident caused by another: driver who has $25,000 in liabily insurance. Chaney's bod ly injury damages are $80,000. How much will Chaney's underinsured motorists coverage pay for this-los 5 ? A) $25,000 B) $50,000 c) $80,000 D) $55,000 Which of the following losses would be covered under the insured's lability coverage? A) The insured backs over a lawn mower that he borrowed from his brother. B) The insured ruins several rented DVDs when she leaves them in her car on a very hot day, C) The insured backs her car into the side of the cabin she rented on vacation and damages the siding D) The insured rear-ends another driver at a stoplight, damaging the new television set he had loaded in the back seat of his Car. Which of the following is NOT included in the personal auto policy's definition of covered auto? (Assume there are no andorsements attached to the policy.) A) Car the insured rents whise his regular car is in the shop for repairs B) Small trailer owned by the insured that can be used with the insured s pickup truck C) Car the insured purchases during the policy period that does not replace any car already insured under the policy D) All-terain vehicle owned by the insured Paul Chaney's personal auto policy is endorsed to provide $50,000 in underinsured motorists coverage. He is injured in an accident caused by another: driver who has $25,000 in liabily insurance. Chaney's bod ly injury damages are $80,000. How much will Chaney's underinsured motorists coverage pay for this-los 5 ? A) $25,000 B) $50,000 c) $80,000 D) $55,000 Which of the following losses would be covered under the insured's lability coverage? A) The insured backs over a lawn mower that he borrowed from his brother. B) The insured ruins several rented DVDs when she leaves them in her car on a very hot day, C) The insured backs her car into the side of the cabin she rented on vacation and damages the siding D) The insured rear-ends another driver at a stoplight, damaging the new television set he had loaded in the back seat of his Car. Which of the following is NOT included in the personal auto policy's definition of covered auto? (Assume there are no andorsements attached to the policy.) A) Car the insured rents whise his regular car is in the shop for repairs B) Small trailer owned by the insured that can be used with the insured s pickup truck C) Car the insured purchases during the policy period that does not replace any car already insured under the policy D) All-terain vehicle owned by the insured
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