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Home Q & A Board Other Fields Homework Help Business Insurance
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JamesLu JamesLu
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7 years ago
Andrea purchased an auto insurance policy with bodily injury liability limits of 250/500 ($250,000/$500,000). She also purchased a personal umbrella policy with a $1 million limit and a $500 self-insured retention. Andrea was talking on her cell phone while driving, and her car struck and killed a pedestrian in a crosswalk. The court ordered her to pay $750,000 to the spouse of the person she killed. How will this claim be settled?
A) The umbrella policy will pay $749,500.
B) Each policy will pay $375,000.
C) $250,000 will be paid under the auto policy and $500,000 will be paid by the umbrella policy.
D) The auto policy will pay $250,000, Andrea will pay $500, and the umbrella policy will pay $499,500.
Textbook 
Principles of Risk Management and Insurance

Principles of Risk Management and Insurance


Edition: 12th
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Toni_AnnetteToni_Annette
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7 years ago
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JamesLu Author
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7 years ago
this is exactly what I needed
Smair87
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Yesterday
Thanks
bahajo
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2 hours ago
You make an excellent tutor!
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