Personal Auto PolicyQuestion 412 of 474
An insured's covered auto is stolen and returned to use 22 days later. On the standard form, transportation expense coverage pays:
a.$600, the maximum, because theft claims are capped
b.$400, since the 48-hour wait leaves 20 covered days
c.$440, counting every day the car was missing
d.Nothing, since stolen autos have no transport benefit
Explanation
For a total theft, transportation expense coverage begins 48 hours after the theft and ends when the auto is returned to use or the insurer pays for the loss. Twenty covered days at $20 is $400, under the $600 cap, so paying the maximum overstates it. Counting all 22 days ignores the waiting period written into the form.
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