What will the insurance company pay for the accident

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Reference no: EM131993444

Question: Marika Katz bought a new Blazer and has insurance coverage of 25/50/25 with $200 deductible for collision. Driving up to her summer home one evening, Marika hit a parked car and injured the couple inside. Marika's car had damage of $8,000, and the car she struck had damage of $4,300. After a lengthy court suit, the couple struck were awarded personal injury judgments of $20,000 and $10,000, respectively.

a. What will the insurance company pay for this accident?

Amount paid $

b. What is Marika's responsibility?

Amount paid $

Reference no: EM131993444

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