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Which of the Following Statements Is True of Future Favors

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Which of the following statements is true of future favors?


Definitions:

Property Damage Liability

Insurance coverage that pays for damage caused by the policyholder’s vehicle to another person’s property.

Insurance

A financial product sold by insurance companies to safeguard against financial losses from specified risks, such as accidents, theft, or natural disasters.

Damage

Refers to the loss or harm resulting from injury to a person, property, or reputation.

Uninsured-Motorist Insurance

A type of automobile insurance that provides protection against the risk of being injured by a motorist who does not have insurance.

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