Question

How would damage of the car be covered, if at all?

1) by the insured's liability policy
2) by the insured's physical damage policy
3) by the insured's underinsured motorists policy
4) by the state guarantee insurance fund

Answer 1

Car damage can be covered by different types of insurance policies, such as liability, physical damage, underinsured motorists, or state guarantee insurance fund.

Step-by-step explanation:

In the case of car damage, there are several ways it can be covered by insurance policies.

1. The insured's liability policy may cover the damage if the insured is at fault in the accident.
2. The insured's physical damage policy may cover the damage if it is caused by a collision or other covered peril.
3. The insured's underinsured motorists policy may cover the damage if the other driver involved in the accident is at fault but does not have enough insurance to cover the full damage.
4. State guarantee insurance fund is a type of insurance that may cover the damage if none of the other policies apply, typically when the responsible party is uninsured or cannot be identified.