Question

Flashback! Do you remember what these numbers tell you? The 10 means it will pay only $10,000 maximum for injury to any one person in an accident. The 20 means it will pay a minimum of $20,000 total to people injured in one accident. The 20 means it will pay a maximum of $20,000 total to people injured in one accident. The 5 means that it will pay a maximum of $5,000 in property damage for one accident. The 5 means that it will pay a minimum of $5000 in property damage for one accident. PLEASE HURRY

Answer 1

• 10 -- $10k to any one person
• 20 -- $20k to all persons, total
• 5 -- $5k for property damage

all are maximum values

Explanation:

Insurance contracts specify maximum payments, not minimum payments. The numbers mean ...

The 10 means it will pay only $10,000 maximum for injury to any one person in an accident.

The 20 means it will pay a maximum of $20,000 total to people injured in one accident.

The 5 means that it will pay a maximum of $5,000 in property damage for one accident.