BUISENESS MANAGEMENT
INSURANCE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Ben’s truck is crushed by a hit-and-run driver. Scott is hit by an uninsured driver. How will they receive payments?
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State motorist coverage
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Uninsured or no-fault motorist coverage
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Insolvent motorist coverage
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Auto liability coverage
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Explanation:
Detailed explanation-1: -Four types of insurance that most financial experts recommend include life, health, auto, and long-term disability.
Detailed explanation-2: -Different types of general insurance include motor insurance, health insurance, travel insurance, and home insurance.
Detailed explanation-3: -California maintains a “No Pay, No Play” rule for drivers that are involved in accidents and are uninsured. This rule limits the amount of compensation that uninsured drivers can recover in a crash.
There is 1 question to complete.