Like many americans, stephanie carries a 100/300/100 liability policy. what is the total dollar value of the property damage ste

Question

Law Incorporation [45]

3 years ago

13

Like many americans, stephanie carries a 100/300/100 liability policy. what is the total dollar value of the property damage ste

phanie caused?

Mathematics

2 answers:

Sever21 [200] · Answer 1 · 2022-06-09T15:23:48+03:00

Sever21 [200]3 years ago

8 0

The coverage will carry a maximum of $10,000, the person will have to pay any portion over the $10,000.0

kotegsom [21] · Answer 2 · 2022-06-09T16:34:33+03:00

<h2>Answer:</h2>

The term 100/300/100 coverage means that a person has coverage of $100,000 bodily injury liability insurance per person, $300,000 total bodily injury liability insurance per accident and $100,000 property damage liability per accident.

So, in case Stephanie caused an accident and property damage, then $100,000 will be borne by the insurance company and above this amount, it will be paid by Stephanie.