Your Automobile Insurance Policy Contains Policy Limits of 200/300/100

question 101

Multiple Choice

Your automobile insurance policy contains policy limits of 200/300/100. If you have an accident in which you are deemed at fault and two people sustain bodily injuries that result in combined claims of $450,000, how much of the claim will not be covered under your insurance policy?

• A) $250,000
• B) $150,000
• C) $350,000
• D) $450,000

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Definitions:

Cross-Cultural Research

Studies that compare aspects of two or more cultures to understand their differences and similarities.

Human Universal

A term referring to elements and behaviors that are found and recognized across all cultures and societies.

Base Of Power

The underlying sources of influence or authority one has over others, such as expertise, coercion, or referred authority.

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Relating to an ideal standard or model, or based on what is considered to be the normal or correct way of doing something.