Tina purchased a personal umbrella policy with a $1 million limit. Her

Tina purchased a personal umbrella policy with a $1 million limit. Her insurer required her to carry liability limits of 250/500/50 under her auto insurance policy.

The personal umbrella policy was written with a $1,000 self-insured retention. Tina was responsible for an auto accident in which the other driver was severely injured. The other driver’s bodily injuries were $400,000 and the property damage was $20,000. How much will the insurer pay under Tina’s umbrella policy?
A) nothing
B) $149,000
C) $150,000
D) $170,000

ANSWER

Answer: C