Nola
insures her motor vehicle, valued at R40 000, for R40 000 with insurer Abbi,
for

R30,000
with insurer Yuba and for R20,000 with insurer Lulu. R20,000 damage is caused
to the motor vehicle in a collision caused by Pete’s negligence.

Which
ONE of the following statements is CORRECT ?

Question

Nola
insures her motor vehicle, valued at R40 000, for R40 000 with insurer Abbi,
for

R30,000
with insurer Yuba and for R20,000 with insurer Lulu. R20,000 damage is caused
to the motor vehicle in a collision caused by Pete’s negligence.

Which
 ONE  of the following statements is  CORRECT ?

Answer

Nola
may choose which insurer she will claim R 20,000 from. That insurer will then
have the right of subrogation against the other insurers.

Answer

Nola
may recover her total loss pro rata   from each of the insurers concerned.

Answer

Nola
may claim R 20,000 from one of the insurers as well as R 20,000 from Pete.

Answer

Nola
may claim R 20,000 from Abbi, R 20,000 from Yuba, and R 20,000 from Lulu - in
other words, a total of R 60,000.

Crowdly

Nola insures her motor vehicle, valued at R40 000, for R40 000 with insurer ...

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