Question

Choose the best answer.

Jim Taylor is insured for bodily injury in the amount of 100/300. He is at fault in an accident in which Marilee Medley is injured. Her medical expenses are $40,000. How much does the insurance company pay?


$40,000

$100,000

$300,000

Answer 1

40000

Explanation:

odyssey ware

Answer 2

The correct answer is $40000.

Explanation:

As given, Jim Taylor is insured for bodily injury in the amount of 100/300.

100/300 means Jim has $100,000 per bodily injury per person & $300,000 per bodily injury per accident.

Here, Jim is at fault in an accident in which Marilee Medley is injured. Her medical expenses are $40,000.

This $40,000 is within the limits, so, the insurance company will pay $40,000.