Rick was in an accident with an underinsured motorist named Molly. Molly failed to yield the right
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Rick was in an accident with an underinsured motorist named Molly. Molly failed to yield the right of way and crashed into Rick's automobile. Molly's split limits are $75,000 / $250,000 / $5,000 of coverage and Rick's split limits are $100,000 / $350,000 / $15,000. What will each insurance company pay if Rick has a $105,000 liability claim?
Related Book For
Principles of Risk Management and Insurance
ISBN: 978-0134082578
13th edition
Authors: George E. Rejda, Michael McNamara
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