218k views
3 votes
Like many americans, stephanie carries a 100/300/100 liability policy. what is the total dollar value of the property damage stephanie caused?

User Cwehrung
by
8.0k points

2 Answers

4 votes
The coverage will carry a maximum of $10,000, the person will have to pay any portion over the $10,000.0
User Fitzbutz
by
8.3k points
6 votes

Answer:

The term 100/300/100 coverage means that a person has coverage of $100,000 bodily injury liability insurance per person, $300,000 total bodily injury liability insurance per accident and $100,000 property damage liability per accident.

So, in case Stephanie caused an accident and property damage, then $100,000 will be borne by the insurance company and above this amount, it will be paid by Stephanie.

User Leite
by
7.8k points

No related questions found

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.