Which of the following statements about the liability limits of the PAP is (are)true?
I.The policy is written with split limits of liability.
II.Prejudgment interest is considered part of the damage award and is subject to the policy limit of liability.

Question

Quizplus · Accepted Answer

The Personal Auto Policy (PAP) typically uses split limits for liability coverage, and prejudgment interest is generally included as part of the damages, thus subject to the policy's liability limits.

Which of the Following Statements About the Liability Limits of the PAP