Question

Tom's Truck Service's vehicle is stolen. The policyholder may obtain coverage for transportation expenses subject to which of the following limits?

1) $25/day; $450 maximum
2) $20/day; $600 maximum
3) $15/day; $300 maximum
4) $15/day; $450 maximum

Answer 1

The policyholder may obtain coverage for transportation expenses subject to a $25/day; $450 maximum limit.

Step-by-step explanation:

The coverage for transportation expenses for Tom's Truck Service's stolen vehicle is subject to the limit of $25/day with a $450 maximum. This means that the policyholder can be reimbursed for up to $25 per day for transportation expenses, with a maximum limit of $450.