Problem

Marika Katz bought a new Blazer and insured it with only compulsory insurance 10/20/5. Dri...

Marika Katz bought a new Blazer and insured it with only compulsory insurance 10/20/5. Driving up to her summer home one evening, Marika hit a parked car and injured the couple inside. Marika's car had damage of $7,500, and the car she struck had damage of $5,800. After a lengthy court suit, the couple struck were awarded personal injury judgments of $18,000 and $9,000, respectively. What will the insurance company pay for this accident, and what is Marika's responsibility?

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Solutions For Problems in Chapter 20