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22 October, 20:53

Allen, a sole proprietor, is crossing the street when he is struck by a passing uninsured auto. He sustains $2,500 in medical bills, $3,000 damage to the laptop he was carrying, and $1,000 in lost wages. Allen's business auto policy has $100,000 liability limit and $5,000 medical payments limit. Assuming there is no other coverage, how much will his business auto policy pay?

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  1. 22 October, 21:14
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    business auto policy pay is $2,500

    Explanation:

    given data

    medical bills = $2500

    damage to the laptop = $3,000

    lost wages = $1000

    liability limit = $100,000

    medical payments limit = $5000

    solution

    As here business auto policy pay is $2500

    because here all other damage that is occur is not cover under the liabilty claims

    so here business auto policy pay is $2,500
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