Why is it a good idea to have the best insurance coverage


Assignment task: Read the complaint about Dance, the Runaway Horse and answer the following questions:

1) This is a negligence case with multiple plaintiffs and defendants. If you were the judge or jury in this case - how would you apportion fault and damages among the various parties to the lawsuit? For the purpose of this assignment, assume that the damages amount to $400,000. 

2) Why is it a good idea to have the best insurance coverage you can afford, especially if you are a business owner? Think about the owners of the ranch and liability issues in the complaint that you just read.

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Business Law and Ethics: Why is it a good idea to have the best insurance coverage
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