Fabiola just backed her car into another car in the parking lot. She caused $35,000...
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Accounting
Fabiola just backed her car into another car in the parking lot. She caused $35,000 of damage to the other car. The damage to Fabiolas car amounts to $17,000. The driver of the other car, Larissa, claims that her neck was injured and has claimed that her medical expenses were $15,000. Fabiolas auto insurance policy has split coverage of $25,000/$75,000/$25,000. Which of the following statements is most correct?
A. Part A of Fabiolas auto insurance will cover the $17,000 of damage to the her car because the damage was less than $25,000. |
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B. Part B of Fabiolas auto insurance will cover the medical expenses for Larissa because they are under $15,000 of bodily injury. |
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C. Part C of Fabiolas auto insurance will not cover all of the $35,000 of damages to Larissas car because it is less than $25,000 of property damage. |
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D. None of the above are correct. |
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