Final answer:
Collision coverage pays for the damages to the insured's car caused by hitting an object such as cattle. It's different from liability, comprehensive, and uninsured motorist coverages, which have other specific uses. Collision coverage is a standard part of auto policy that addresses vehicle damages from collisions.
Step-by-step explanation:
The correct answer to which auto policy coverage would pay for the damages to the insured's car caused by hitting a farmer's cattle is b) Collision coverage. Collision coverage is specifically designed to cover damages to your vehicle that occur as a result of a collision with another vehicle or object, like cattle in this case. Liability coverage, on the other hand, would cover damages your vehicle caused to others. Comprehensive coverage applies to events such as theft, vandalism, or natural disasters, and uninsured motorist coverage would come into effect if your vehicle was damaged by a driver without insurance who is at fault.
To understand how automobile insurance works, consider a simplified example. If we had a group of 100 drivers, various members of this group would likely incur different levels of damages through the year - some might have minor damage like door dings, while others could experience more significant accidents. All of these risks are pooled together, and insurance premiums are calculated according to the total cost of all claims within the group, even though individual risk levels can't be predicted in advance.