1. If you are at fault in an auto accident and carry an auto liability insurance requirement of 20/40/15, explain the amount of insurance coverage you have and for what specific reasons.
2. If you carry an auto liability insurance requirement of 20/40/10 and are in a car accident where there are three persons in the other car whose medical bills are $7,250, $10,500, and $30,000, how short are you on coverage?
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