Final answer:
A personal auto policy provides coverage for loss due to mechanical breakdown and loss by theft. Towing and labor costs may or may not be covered depending on the specific policy.
Step-by-step explanation:
A personal auto policy provides coverage for various situations other than collision or OTC (other than collision and comprehensive). In this case, coverage for loss due to mechanical breakdown and loss by theft is provided.
However, towing and labor costs may or may not be covered under a personal auto policy depending on the specific terms and conditions set by the insurance company. Some policies may include towing and labor costs as part of their coverage, while others may offer it as an optional add-on or not provide coverage for it at all.
Referring to a personal auto policy, other than collision (OTC), also known as comprehensive coverage, provides coverage for several incidents that can result in damage to a vehicle, excluding any damages as a result of a collision. This includes coverage for events such as theft, vandalism, fire, natural disasters, and interactions with animals. Specifically, loss by theft is covered under OTC. It does not cover collision, towing and labor costs, or loss due to mechanical breakdown.