Top Posters
Since Sunday
5
o
5
4
m
4
b
4
x
4
a
4
l
4
t
4
S
4
m
3
s
3
New Topic  
medulla medulla
wrote...
Posts: 653
Rep: 0 0
6 years ago
Sarah has a house valued at $200,000 and insured for $180,000. It is totally destroyed by fire, due to the negligence of Courtney. Sarah recovers $180,000 from her insurer, which then subrogates against Courtney. Suppose the courts decide that Courtney must pay $100,000 in damages, because that's all the money she has. How much of this $100,000 can the insurer keep, assuming that the policy has no special provision regarding the distribution of subrogation amounts?
A) $0 (The entire $100,000 must be passed on to Sarah)
B) $20,000 (Sarah gets the other $80,000)
C) $80,000 (Sarah gets the other $20,000)
D) $100,000 (Sarah will get no additional funds)
Textbook 
Introduction to Risk Management and Insurance

Introduction to Risk Management and Insurance


Edition: 10th
Authors:
Read 229 times
2 Replies
Replies
Answer verified by a subject expert
giddugiddu
wrote...
Posts: 432
Rep: 8 0
6 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

wrote...
3 years ago
thanks
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  1022 People Browsing
Related Images
  
 61
  
 248
  
 890