jchen
12-14-2011, 01:54 PM
An unendorsed Personal Auto Policy (PAP) coverages and limits:
Liability $100,000/$300,000/$50,000
Ernest lost control of the vehicle and struck a parked car. The damages and costs from the accident are as follows:
• Damages to the parked car $8,500
• Defense cost $7,500
How much, if any, will PAP insurer pay under Part A—Liability Coverage?
Answer in the quiz is $16,000 (parked car $8,500 and Defense cost $7,500).
Shouldn’t defense cost in DCCC instead of in coverage A? and answer should be $8,500
Liability $100,000/$300,000/$50,000
Ernest lost control of the vehicle and struck a parked car. The damages and costs from the accident are as follows:
• Damages to the parked car $8,500
• Defense cost $7,500
How much, if any, will PAP insurer pay under Part A—Liability Coverage?
Answer in the quiz is $16,000 (parked car $8,500 and Defense cost $7,500).
Shouldn’t defense cost in DCCC instead of in coverage A? and answer should be $8,500