Frank had a car accident in which the person he hit sustained $37,000 in injuries and their car was totaled, which had a value of $32,500. Frank has 50/100/15 liability insurance. For which amount of property damages will Frank be personally liable?

Question

Quizplus · Accepted Answer

Frank's insurance covers up to $15,000 in property damage. Since the total property damage is $32,500, Frank will be personally liable for the remaining $17,500.

Frank Had a Car Accident in Which the Person He