Personal Auto PolicyCâu 410 / 474
A car is stolen and recovered three days later with $4,300 in damage. The policy shows a $100 other-than-collision deductible and a $1,000 collision deductible. The insurer pays:
a.$3,300, because a thief drove the car away
b.$3,200, because both deductibles apply to the claim
c.Nothing, because a recovered auto is not a real loss
d.$4,200, because theft is other than collision
Giải thích
The cause of loss is the theft, an other-than-collision peril, so the $100 deductible applies to the damage found on recovery: $4,300 - $100 = $4,200. Subtracting the $1,000 collision deductible because a thief drove the car picks the wrong coverage for the same event. Recovery of the auto does not erase the loss; it changes the claim from a total to a repair.
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Câu hỏi liên quan cùng chủ đề
- In one policy year an insured has a $2,000 hail loss and, four months later, a $3,000 collision loss. Deductibles are $250 other than collision and $500 collision. The insurer pays in total:
- The insured's car is stolen and never recovered. Its actual cash value at the time of the theft is $14,000 and the other-than-collision deductible is $250. The insurer pays:
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- An insured's covered auto is stolen and returned to use 22 days later. On the standard form, transportation expense coverage pays:
- The insured borrows a neighbor's car and damages it in a collision costing $3,000. The insured's own two autos carry $250 and $500 collision deductibles. Part D pays:
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