A third party property car insurance will cover A.the damages on the car of the other party but not the insured's own car damages if the insured is at fault.B.the legal liabilities if the driver kills or injures someone else in a car accident.C.the damages to the car of the insured driver if at fault and if the other driver is not insured.D.the damages on the insured's own car but not the other party's car damages if the insured is at fault.

A motor vehicle third-party policy only covers damage to the vehicle or property of the policyholder.Question 9Select one:TrueFalse

If you have caused an accident, which type of automobile insurance would cover damage to your own car? aLiability bCollision cComprehensive d

This year Roy has paid his fortnightly $25 Comprehensive car insurance premiums, got an accident for which he was at fault that cost $15,000 in repairs to his vehicle and $7,000 for the other party's vehicle and had no excess. The other driver had no insurance. [Note that most insurance companies would pay directly the garage rather than giving the money to the insured]Which of the following statements is correct?A.Roy's car repair will be covered by the other driver third party propery insurance.B.Roy's CTP will pay for the $7,000 car repair of the other driver while Roy's comprehensive insurance will pay for the $15,000 car repair of Roy.C.Roy's insurance will cover Roy's $15,000 car repair but not the other driver's $7,000 car repair.D.Roy's insurance will cover the $22,000 repair cost for both vehicles.E.Roy's insurance will only cover the $15,000 repair for his car.

You are involved in a two-car accident in which you are at fault. The other driver is injured and your insurance covers the medical expenses of the victim. This type of insurance coverage is called:ComprehensiveCollisionLiabilityUninsured motorist protection

An entrepreneur is starting a business. In order to protect herself, she wants to invest in good insurance policies. She wants one policy that will pay her employees' expenses if they get hurt on the job. She also wants to make sure she is protected from expensive lawsuits if a customer gets injured in an accident while on her property.Which two types of insurance would best address the entrepreneur's concerns?A.Workers' compensation and liability insuranceB.Title insurance and workers' compensationC.Disability and homeowner's insuranceD.Liability and homeowner's insurance