17. The primary factors that most states and companies use for determining the c

Question

17. The primary factors that most states and companies use for determining the

cost of personal auto insurance include all of the following, except:

1. Territory.

2. Driver age.

3. Use of the auto.

4. Vehicle horse power.

18. All of the following information is provided on the declarations page of an

automobile insurance policy, except:

1. A description of the insured autos.

2. A schedule of coverages.

3. The name of the insurance company providing the coverage.

4. A schedule of policy conditions.

1. Territory.

2. Driver age.

3. Use of the auto.

4. Vehicle horse power.

Explanation / Answer

Car insurance plan offers following benefits: Coverage against loss or damage to the insured vehicle, Coverage against loss or damage to your vehicle caused by accident, theft, fire, explosion, self ignition, lightning, riots, strikes or act of terrorism, natural calamities.

1. The correct answer is option 2. The auto insurance policy doesnot depend on the age of the driver.

2. Option 4 is the correct answer. A schedule of policy conditions is provided on second page of the insurance policy and not on the declaration page.

Related Questions

Navigate

• Browse (All)
• Browse 1
• Subjects

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.