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You swerve to avoid an animal in the road and cause a car accident.

You and the driver of the other car were the only people involved in the accident. You were not injured.
You have a 50/100/50 liability insurance policy with no deductible.
You have collision insurance with a deductible of $1,000.
The other driver's bodily injury claim is $60,000 for medical expenses related to a broken leg.
The other car was valued at $25,000 and requires $7,000 in repairs.
Your car was valued at $13,000 and requires $15,000 in repairs.
The accident damaged a city light pole that will cost $1,800 to replace.
Use the information above to determine the following:

the total amount your liability insurance will pay for the accident
the total amount your collision insurance will pay for the accident
the amount of additional damages you are responsible for as a result of the accident

1 Answer

3 votes

the total amount your liability insurance will pay for the accident, the total amount your collision insurance will pay for the accident, and the amount of additional damages you are responsible for

- Your liability insurance will pay a total of $60,000 for the other driver's bodily injury claim, $7,000 for the repairs of the other car, and $1,800 for the replacement of the city light pole.

- Your collision insurance will pay $14,000 for the repairs of your own car, after deducting the $1,000 deductible.

- You are responsible for an additional $1,000 in damages, which is the deductible for your collision insurance.

(I hope that was helpful:))))

User Daniel Oram
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