Car A is at fault and has $15,500 of damage to it. Its driver has $27,375 in medical bills. Car B has $18,950 damage to it and is valued at $17,200. The driver has $35,500 in medical bills. Car A has full coverage and Car B has liability and collision coverage only. Refer to the sample auto coverage above.
1. Is collision or comprehensive coverage being used here?
(check your spelling)
2. How much will the Car A pay as a result of this insurance claim?
3. How much will the Car A's insurance company pay as a result of this claim?
4. How much will Car B pay as a result of this insurance claim?
5. How much will Car B's insurance company pay as a result of this claim?
6. If Car A only had the minimum liability coverage required by law in Texas [30/60/25] instead of the coverage in the table above, how much more would Car A
pay out of pocket?
7. Car A has already made four monthly insurance premium payments prior to this claim. How much more will they have to pay this year in premium payments only?