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A teenage driver crashes her​ parents' minivan into an office​ building, causing​ $85,000 in damage to the building. The automobile liability insurance limits are​ 100/250/75. How will the damages be allocated
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A teenage driver crashes her​ parents' minivan into an office​ building, causing​ $85,000 in damage to the building. The automobile liability insurance limits are​ 100/250/75. How will the damages be allocated between the driver and the insurance​ company?

User Tanveer Ahmad Dar
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Answer:

The driver will pay $10,000, because the insurance company can pay max $75,000 as regulated in term "insurance limit 100/250/75"

Step-by-step explanation:

the insurance limit 100/250/75 coverage, which translates into $100,000 coverage per person for bodily injury, including death, that you cause to others; $250,000 in bodily injury per accident; and property damage up to $75,000.

User Gembird
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