____ is the most the insurance company would pay for both bodily injury and property damage liability in any one accident if the insured carried 300/500/200 coverage.
A)$300,000
B)$500,000
C)$700,000
D)$800,000

Question

Quizplus · Accepted Answer

The numbers in 300/500/200 coverage represent the limits of liability coverage in thousands of dollars. So, the most the insurance company would pay for both bodily injury and property damage liability in any one accident would be $700,000 ($300,000 for bodily injury to one person, $500,000 for bodily injury to multiple people, and $200,000 for property damage). Therefore, the correct answer is C.

____ Is the Most the Insurance Company Would Pay for Both