Bill has motor vehicle insurance with bodily injury and property damage coverage in the amounts...
80.2K
Verified Solution
Link Copied!
Question
Accounting
Bill has motor vehicle insurance with bodily injury and property damage coverage in the amounts of 50/100/50. In addition, he has collision coverage with a $500 deductible and comprehensive with a $100 deductible. Recently, Bill was at fault in an accident where he turned left at a traffic light into an oncoming car that had the right-of-way. Two individuals in the other car were injured. One had bodily injuries in the amount of $61,300 and the other had injuries totaling $48,700. Their vehicle, with replacement value of $26,900, was totalled. Bill was not physically injured; however, his vehicle sustained damages in the amount of $10,500.
How much will the insurance company pay on this accident? $
How much will Bill have to pay?
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.