Question

What are the four parts of an Auto Insurance policy? (D.I.C.E)

a) Damage, Indemnity, Coverage, Exclusions
b) Deductible, Inflation protection, Comprehensive, Endorsements
c) Liability, Collision, Comprehensive, Exclusions
d) Driver information, Coverage limits, Exclusions, Endorsements

Answer 1

The four parts of an Auto Insurance policy are liability, collision, comprehensive, and exclusions.

Step-by-step explanation:

The four parts of an Auto Insurance policy are:

1. Liability: This coverage helps pay for the damage you cause to other people's property or injuries you cause to others in an accident.
2. Collision: This coverage helps pay for the damage to your own vehicle if you collide with another vehicle or object.
3. Comprehensive: This coverage helps pay for the damage to your own vehicle from incidents other than collisions, such as theft, vandalism, or natural disasters.
4. Exclusions: These are specific situations or types of damage that are not covered by the insurance policy. For example, intentional damage or wear and tear may be excluded.