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Question and answer
Q: determine a property damage liability claim. kurt simmons has 50/100/15 auto insurance coverage. one evening he lost control of his vehicle, hitting a parked car and damaging a storefronty along the
street. damage to the parked car was$5,400, and damage to the store was $12,650. What amount will the insurance company pay for the damages? what amount will kurt have to pay?
A: This question has not been answered. Can you answer it? Please add your answer below ...
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Asked 9/4/2012 9:12:00 PM
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Questions asked by the same visitor
Which one of the following provisions requires that the policyholder pay a basic amount before the policy benefits begin? (Points : 2) A. Coinsurance B. stop loss C. Deductible D. self insurance
Weegy: Deductible requires that the policyholder pay a basic amount before the policy benefits begin. User: The legal responsibility for the financial cost of another person's losses or injuries is referred to as: (Points : 2) A. theft. B. liability. C. assigned risk. D. collusion. (More)
Question
Not Answered
Updated 3/4/2015 12:47:57 PM
4 Answers/Comments
The legal responsibility for the financial cost of another person's losses or injuries is referred to as: Liability.

Added 3/4/2015 12:29:11 PM
This answer has been confirmed as correct and helpful.
Confirmed by sujaysen [3/4/2015 12:31:41 PM]
emdjay23, do not flag answer that only requires editing.
Added 3/4/2015 12:32:04 PM
@jeifunk, I am very sorry for this. This won't happen again.
Added 3/4/2015 12:47:57 PM
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