Stanley was involved in an auto accident that was ruled his fault. He carried only liability coverage on his car, and its limits were only 20/40/15. The following damages were incurred in the accident: ​ Stanley's car $2,500 Other car $16,000 Stanley's bodily injuries $13,250 Other driver's bodily injuries $23,000 ​ How much of these damages will Stanley's auto insurance policy pay? ​



Answer :

Answer:In this scenario, Stanley's auto insurance policy with liability coverage has limits of 20/40/15, which typically represent:

- $20,000 coverage per person for bodily injury

- $40,000 coverage per accident for bodily injury

- $15,000 coverage per accident for property damage

Given the damages incurred:

- Stanley's car: $2,500

- Other car: $16,000

- Stanley's bodily injuries: $13,250

- Other driver's bodily injuries: $23,000

Let's break down the coverage:

1. Property damage:

  - Stanley's liability coverage for property damage is $15,000.

  - Both Stanley's and the other car's damages total $18,500.

  - Therefore, Stanley's insurance policy will cover the full property damage costs of both cars, which is $15,000.

2. Bodily injuries:

  - Stanley's liability coverage for bodily injury per person is $20,000.

  - Stanley's bodily injuries are $13,250, which is fully covered by his policy.

  - The other driver's bodily injuries are $23,000, exceeding Stanley's coverage per person.

  - Since Stanley's coverage per accident for bodily injury is $40,000, his policy will cover the other driver's bodily injuries up to this limit.

  - Therefore, Stanley's insurance policy will cover $20,000 of the other driver's bodily injuries, leaving an additional $3,000 to be covered by other means.

In summary, Stanley's auto insurance policy will pay a total of $35,000 towards the damages incurred in the accident.

Explanation:yan po ang answer