Scenario: Stephanie has been driving for four years without any major auto accidents—until today. It was pouring rain when she left class, and within minutes of leaving, she was forced to make an evasive maneuver that caused her to go into a spin on the wet road. After knocking an expensive, high-end luxury car down an embankment, Stephanie came to a stop by smashing into the side of a mid-range sedan.

She was found to be at fault in the accident, so let’s look at the extent of the damage she caused:

Luxury car: This car was totaled at a value of $95,000.

Sedan: This car will need $4,000 in repairs.

Hospital bills: The driver of the luxury car had $15,000 in medical bills for a broken arm, while his passenger had $185,000 in medical bills for emergency surgery and recovery.

Like many Americans, Stephanie carries a 100/300/100 liability policy.

How much per person and per accident will Stephanie’s insura

According to the 100/300/100 policy, the 100 means that the person driving will be covered up to $100,000, the vehicle up to $300,000 (of the other driver when found at fault) and the person they've hit $100,000. This policy is a standard policy that most drivers in America have. This policy helps insure protection and proper coverage is in place.

Answer Link

topeadeniran2 topeadeniran2 · Answer 2 · 2021-11-25T17:08:51+01:00

A 100/300/100 liability policy simply means that there's a $100,000 payable limit per injured victim.

It should be noted that the best liability coverage that is typically used by drivers that are residing in the United States is 100/300/100 liability coverage.

In this case, the 100 refers to the $100,000 payable limit per injured victim on an accident. The 300 stands for $300000 that's meant for total bodily injury coverage per accident.

Read related link on:

https://brainly.com/question/23287049