Comprehensive Coverage Would Cover Financial Losses Due to

question 43

Multiple Choice

Comprehensive coverage would cover financial losses due to

• A)injuries caused by a driver without insurance.
• B)damage to your car in an accident for which you were at fault.
• C)damage to your car caused by wind or hail.
• D)legal action against you for an accident.
• E)damage to a neighbor's tree with your car.

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Definitions:

Probability

An indicator of the probability that a particular event will happen, denoted as a value ranging from 0 to 1.

Certain Income

refers to money or revenue that is guaranteed or highly likely to be received, with minimal risk of variation or loss.

Fair Insurance Policy

Describes an insurance contract that provide coverage at reasonable, transparent, and equitable terms for both parties.

Uncertainty

The state of having limited knowledge about present or future events, making outcomes unpredictable.