Marys Liability coverage limits are 50/100/50. A driver who was - ProProfs Discuss
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Marys Liability coverage limits are 50/100/50. A driver who was injured in an accident caused by Mary obtains a $75,000 judgment against her. Postjudgment interest of $5,000 accrues between the time the judgment was entered by the court and the time the insurer pays. What is the total amount Marys insurance company will pay for this loss?



A. $50,000
B. $55,000
C. $75,000
D. $80,000

This question is part of Chapter 9 - Personal Auto Insurance
Asked by Fsspc, Last updated: Feb 04, 2020

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1 Answer

John Smith

John Smith

Answered Oct 11, 2016

$55,000

B is correct. The policy will pay up to its liability limit of $50,000 plus the postjudgment interest of $5,000.
 

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