In the event a negligent driver is liable for a judgment of $100,000, but has only $25,000 of coverage under applicable insurance he or she owns, the balance of $75,000 must be paid by the
A)the negligent driver.
B)the state uninsured drivers fund.
C)must be paid by the vehicle's registered owner if a commercial lender..
D)the drivers insurance company.

Question

In the event a negligent driver is liable for a judgment of $100,000, but has only $25,000 of coverage under applicable insurance he or she owns, the balance of $75,000 must be paid by the​
A)the negligent driver.
B)the state uninsured drivers fund.
C)must be paid by the vehicle's registered owner if a commercial lender..
D)the drivers insurance company.

Quizplus · Accepted Answer

The negligent driver is responsible for the remaining balance of the judgment that exceeds their insurance coverage. Insurance policies have limits, and any amount beyond those limits must be covered by the policyholder themselves.

In the Event a Negligent Driver Is Liable for a Judgment