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 $