Malik is successfully sued for negligence. The jury awards the injured party $175,000. The limits under Malik's liability policy provide coverage up to $100,000 per occurrence. In addition, his insurance carrier is charged $17,000 for defending the suit. How much will Malik's carrier pay to the injured party?

Malik is successfully sued for negligence. The jury awards the injured party $175,000. The limits under Malik's liability policy provide coverage up to $100,000 per occurrence. In addition, his insurance carrier is charged $17,000 for defending the suit. How much will Malik's carrier pay to the injured party?



a. $100,000


b. $117,000


c. $125,000


d. $175,000



Answer: a. $100,000

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