Question: 1. Becky Fenton has 25/50/10 automobile insurance coverage. If two other people are awarded $35,000 each for injuries in an auto accident in which Becky was judged at fault, how much of this judgment would the insurance cover?
2. What is no-fault insurance? What is its purpose?
3. In the preceding example, assuming their insurance rates remain the same, how many years will it take Dave and Ellen to earn back in discounts the cost of the dead-bolts? The cost of the smoke detectors? Would you recommend Dave and Ellen invest in the safety items? Why or why not?