State Farm Auto Policies Questions And
Answers With Verified Solutions And
Answers With Verified Solutions Already
Passed!!!
A: Liability - ANSWER✔✔Protection againsy lawsuits if I am at fault in an auto
accident
Liability 100/300. (100?) - ANSWER✔✔$100,000 of lawsuit protection in at fault
accident if ONE claimant is suing
Ex.) I hit Mikey and he is suing me for $120,000 for his neck injury. I am covered
for $100,000, still have to pay $20,00 out of pocket.
Liability 100/300. (300?) - ANSWER✔✔$300,000 of lawsuit protection per
accident if MORE THAN ONE claimant is suing.
Ex.) I hit Mikey with Desiree and Ann and they are all suing me for $100,000
each. My policy will cover me for the full $300,000.
P: Personal Protection Injury (PIP) - ANSWER✔✔Pays medical benefits to myself
and my household family members for injuries caused by automobiles (drivers,
passengers, pedestrians)
PIP: P - ANSWER✔✔State Farm is primary and will pay ALL medical and wage
loss w/o deductible
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