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Automobile limits of liability expressed as 30/80/25 mean which of the following:
[ ]$30,000 Bodily Injury for each person, $80,000 Property Damage per accident, $25,000 uninsured motorists coverage per accident
[ ]$30,000 Property Damage per accident; $80,000 Bodily Injury per accident, $25,000 Bodily Injury for each person
[ ]$30,000 Bodily Injury for each person, $80,000 Bodily Injury for each accident,
$25,000 Property Damage for each accident
[ ]$30,000 Bodily Injury for each person, $80,000 Property Damage for each accident, $25,000 medical payments per person
Lynn Samuels carried 15/30/5 limits on his auto. He negligently ran into a parked car containing three passengers resulting in the following claims:
Larry = bodily injury [BI] - $18,000 and property damage [PD] - $8,000
Curly = BI - $8,000
Moe = BI - $4,000
In addition to these
settlement awards, there were $18,000 in legal fees. In response to this accident, Lynn's PAP will pay which of the following amounts?
[ ]$56,000
[ ]$32,000
[ ]$50,000
[ ]$38,000
Under a policy with limits of $25,000 bodily injury per person, $50,000 bodily injury per accident and $10,000 property damage per accident; what would be the insurer's liability arising out of an accident where claimant A has injuries of $35,000 and property damage in the amount of $15,000?
a. $15,000
b. $35,000
c. $50,000
d. $25,000
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