How much will Valerie's insurer pay under Part A-Liability Coverage? O $160,000 O $180,000 O $230,000 O $200,000

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
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Valerie purchased a Personal Auto Policy with liability limits of 75/150/25. She ran a stop sign and
hit another vehicle. The following losses occurred:
- Valerie's vehicle sustained $10,000 in damages.
- Valerie incurred $20,000 in medical expenses.
The other vehicle was totalled with $40,000 in damages.
Passenger #1 in the other vehicle suffered $20,000 in bodily injuries.
Passenger #2 in the other vehicle sliffered $100,000 in bodily injuries.
- Passenger #3 in the other vehicle suffered $40,000 in bodily injuries.
How much will Valerie's insurer pay under Part A-Liability Coverage?
O $160,000
O $180,000
O $230,000
O $200,000
Transcribed Image Text:Valerie purchased a Personal Auto Policy with liability limits of 75/150/25. She ran a stop sign and hit another vehicle. The following losses occurred: - Valerie's vehicle sustained $10,000 in damages. - Valerie incurred $20,000 in medical expenses. The other vehicle was totalled with $40,000 in damages. Passenger #1 in the other vehicle suffered $20,000 in bodily injuries. Passenger #2 in the other vehicle sliffered $100,000 in bodily injuries. - Passenger #3 in the other vehicle suffered $40,000 in bodily injuries. How much will Valerie's insurer pay under Part A-Liability Coverage? O $160,000 O $180,000 O $230,000 O $200,000
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