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Sally was driving her own car and collided with a pickup truck. Sally sustained $123,000 in...

Sally was driving her own car and collided with a pickup truck. Sally sustained $123,000 in injuries, and her passenger sustained $19,000 in injuries. If her coverage was 100/300/50, what are the total medical expenses the insurance company would pay for this accident?

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Answer #1

The quote means that the insurance policy will cover upto $100,000 per person for their bodily injuries in an accident and total claim for bodily injuries cannot exceed $300,000. The damages for property will be limited to $50,000. In the given case, Sally will be entitled to only $100,000 for her injuries, despite actual expenses of $125,000. Her passenger will get complete reimbursement of $19,000. The total medical expenses paid by the insurance company in this case will be $100,000 + $19,000 = $119,000.

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