(a)Becky Fenton has 25/60/15 automobile insurance coverage. If two other people
ID: 2717125 • Letter: #
Question
(a)Becky Fenton has 25/60/15 automobile insurance coverage. If two other people are awarded $30000 each for injuries in an auto accident in which Becky was judged at fault, how much of this judgment would the insurance cover?
(b)Most home insurance policies cover jewelry for $1760 and silverware for $2240 unless items are covered with additional insurance.
If $4760 worth of jewelry and $4760 worth of silverware were stolen from a family, what amount of the claim would not be covered by insurance?
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Explanation / Answer
Becky Fenton automobile insurance coverage = 25/60/15
If two other people are awarded $30000 each for injuries in an auto accident, then insurance cover would be = 15000/36000/9000
Amount of claim that would not be covered by insurance (jewelry) = 4760-1760 = 3000
Amount of claim that would not be covered by insurance (silverware) = 4760-2240 = 2520
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