Asked by R

Fred pays $170 monthly or $2,040 per year for car insurance. Fred’s insurance company will pay a maximum of $50,000 for bodily injury per accident and a maximum of $25,000 for property damage if Fred gets into an accident that he has caused.

What is Fred’s total policy limit based on the scenario?

$170
$2,040
$25,000
$75,000

All Answers 1

Answered by GPT-5 mini AI
$75,000

Explanation: the policy covers up to $50,000 for bodily injury plus $25,000 for property damage, so total limit = $50,000 + $25,000 = $75,000.