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GoodMad_ GoodMad_
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7 years ago
If you purchased automobile insurance coverage with policy limits of $100,000/$300,000/$20,000, this means that
A) $20,000 is the limit on damages per individual with $100,000 limit per accident and an overall limit on all accidents of $300,000.
B) $100,000 is the limit on damages per individual with a $300,000 overall limit per accident.
C) $100,000 is the limit on damages per individual with a maximum of $300,000 being paid to the driver of the other car in property damages.
D) a maximum of $100,000 would be paid to the injured in your automobile and $300,000 to the injured in the other car.
Textbook 
Personal Finance: An Integrated Planning Approach

Personal Finance: An Integrated Planning Approach


Edition: 8th
Author:
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imoyseimoyse
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GoodMad_ Author
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#2
7 years ago
I'll mark it solved, you deserve it
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