What is the maximum amount that Mr. Pfister's Personal Auto Policy will pay after his accident?

In the context of a Personal Auto Policy, the coverage limits are essential in determining how much an insurer will pay for claims resulting from an accident. The maximum payout is often defined by the liability limits selected when the policy was purchased.

If Mr. Pfister’s Personal Auto Policy includes a liability limit of $50,000 for bodily injury or property damage, then in the event of an accident where he is at fault, the insurance would indeed cover up to that amount for claims made against him. It's important to understand that this coverage typically splits limits per person and per accident, but if the situation allows for the total of $50,000 to be applicable, then that would be the maximum the policy would pay.

Given that the selected correct answer is $50,000, this reinforces that Mr. Pfister’s policy is designed to cover significant expenses related to accidents, thereby providing him with substantial financial protection in the event of a claim. This ensures that he is compliant with the minimum insurance requirements and has adequate coverage in place for potential liabilities.