Answer: To understand how much insurance will pay and how much you will pay in this scenario, we need to consider the limits of your bodily injury liability coverage.
In Wisconsin, the minimum bodily injury liability coverage is usually represented as two numbers: "25K/50K." The first number (25K) represents the maximum amount per person that the insurance company will pay for bodily injury in an accident, and the second number (50K) represents the maximum total amount that the insurance company will pay for bodily injury per accident, regardless of the number of people injured.
Now, let's see how this applies to the specific situation with three injured people with varying medical bills:
Medical bills of the three people in the other car: $5,000, $50,000, and $10,000.
The first person's medical bills are $5,000. Since this is below the per-person limit of your insurance coverage (25K), the insurance will pay the full amount of $5,000 for this person's medical bills.
The second person's medical bills are $50,000. Since this exceeds the per-person limit of your insurance coverage (25K), the insurance will only pay up to the per-person limit. Therefore, the insurance will pay $25,000 (25K) for this person's medical bills, and you will be responsible for the remaining amount, which is $50,000 - $25,000 = $25,000.
The third person's medical bills are $10,000. Since this is below the per-person limit of your insurance coverage (25K), the insurance will pay the full amount of $10,000 for this person's medical bills.
Now, let's calculate the total amounts:
Insurance will pay: $5,000 (for the first person) + $25,000 (for the second person) + $10,000 (for the third person) = $40,000.
You will pay: $25,000 (for the second person) + $0 (for the other two people) = $25,000.
So, in this situation, the correct answer is: Insurance $40,000; You $25,000.