Final answer:
In the example provided, the Towing and Labor coverage has a limit of $75.00. So, the amount you would pay in the example is $75.00.
Step-by-step explanation:
Insurance coverage refers to the specific protection or financial benefits provided by an insurance policy. It is an agreement between an individual or entity (the policyholder) and an insurance company. In exchange for premium payments, the insurance company agrees to provide financial protection or reimbursement for certain types of losses or events outlined in the policy.
In the example provided, the Towing and Labor coverage has a limit of $75.00. This means that if you were to make a claim for towing and labor expenses, the maximum amount the insurance company would pay is $75.00. So, the answer to the question is (A) $75.00.