Home » Insurance » The effect of the minimum cover on the two vehicles is the the?

The effect of the minimum cover on the two vehicles is the the?

use the following information to answer the question below.

Basanya’s vehicle was hit at the rear by jaguna’s vehicle. The two vehicles had a minimum cover. estimate of repairs were as follows; 

Basanya’s vehicle – N155,000; jaguna’s vehicle- N75,000

The effect of the minimum cover on the two vehicles is the the?

  • A.
    two vehicles will be repaired by jaguna’s insurer
  • B.
    insurer of each vehicle is responsible for the repairs
  • C.
    vehicle of Basanya will be repaired by jaguna’s insurer
  • D.
    two vehicles are not entitled to compensation from the insurer
Correct Answer: Option C
Explanation