Allen was involved in an auto accident in which he was at fault. His car sustained damages in the amount of $1,327. The other vehicle had damages costing $ 1,309, in repairs. Allen was not injured, but the other driver required medical treatment costing $22,619 and the passenger's injuries cost $24,051. Additional property damage amounted to $3,460. Allen's policy includes 50/100/50 liiability, $250 deductible collision and full coverage comprehensive. Determine the amount of damagees the insurance company is required to pay?
Allen was involved in an auto accident in which he was at fault. His car sustained damages in the amount of $1,327. The other vehicle had damages costing $ 1,309, in repairs. Allen was not injured, but the other driver required medical treatment costing $22,619 and the passenger's injuries cost $24,051. Additional property damage amounted to $3,460. Allen's policy includes 50/100/50 liiability, $250 deductible collision and full coverage comprehensive. Determine the amount of damagees the insurance company is required to pay?
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Allen was involved in an auto accident in which he was at fault. His car sustained damages in the amount of $1,327. The other vehicle had damages costing $ 1,309, in repairs. Allen was not injured, but the other driver required medical treatment costing $22,619 and the passenger's injuries cost $24,051. Additional property damage amounted to $3,460. Allen's policy includes 50/100/50 liiability, $250 deductible collision and full coverage comprehensive. Determine the amount of damagees the insurance company is required to pay?
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