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Kurt has 25/50/25 auto insurance coverage. One evening he lost control of his vehicle, hitting a...

Kurt has 25/50/25 auto insurance coverage. One evening he lost control of his vehicle, hitting a parked car and damaging a storefront along the street. Damage to the parked car was $12,200, and damage to the store was $19,700.

(a) What amount will the insurance company pay for the damages?

amount paid=

(b) What amount will Kurt have to pay?

amount paid=

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Answer #1

The answer for above problem is explained below.

In the above problem 25/50/25 auto insurance coverage,

the third part indicates insurance company pay for the damage of the car.

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