Question

kurt has 25/50/25 auto insurance coverage. one evening he lost control of his vehicle, hitting a parked car and damaging a storefront along the street. the damage to the parked car was $9,200, and the damage to the store was $18,000.what amount will the insurance company pay for the damage?

Answer 1

Kurt's insurance company will pay $9,200 for the damage to the parked car and $18,000 for the damage to the store.

Step-by-step explanation:

Kurt has 25/50/25 auto insurance coverage. This means that his insurance policy provides coverage for:

1. $25,000 for bodily injury liability per person,
2. $50,000 for bodily injury liability per accident, and
3. $25,000 for property damage liability per accident.

In this case, Kurt caused damage to a parked car worth $9,200 and a storefront worth $18,000. Since his insurance policy covers up to $25,000 for property damage liability per accident, the insurance company will pay the full amount of $9,200 for the damage to the parked car and $18,000 for the damage to the store.