Choose the best answer.


Jim Taylor is insured for bodily injury in the amount of 100/300. He is at fault in an accident in which Marilee Medley is injured. Her medical expenses are $40,000. How much does the insurance company pay?


$40,000

$100,000

$300,000

Respuesta :

Answer:

The correct answer is $40000.

Step-by-step explanation:

As given, Jim Taylor is insured for bodily injury in the amount of 100/300.

100/300 means Jim has $100,000 per bodily injury per person  & $300,000 per bodily injury per accident.

Here, Jim is at fault in an accident in which Marilee Medley is injured. Her medical expenses are $40,000.

This $40,000 is within the limits, so, the insurance company will pay $40,000.

Answer:

40000

Step-by-step explanation:

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