Discuss the company operates ten delivery trucks

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Reference no: EM133433738

Question: The company operates ten delivery trucks that pickup and deliver produce and seafood to each of the restaurants on a daily basis. Each delivery truck averages 2,000 miles per week. Each truck hits one of their buildings at least once per year causing damage to only the truck box for $5K ($50K in total damage to owned vehicles). Five of their trucks hit other vehicles each year averaging $5K in physical damage to third-party vehicles ($25K total damage each year). They do not have collision coverage on the trucks, but they have $1M legal liability coverage for each truck (PLPD).

Using the Prouty Approach as follows:

Reference no: EM133433738

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