Final answer:
The given statement, " It is possible that some of the expenses you occurred in an accident are not covered by your policy." is true.
Step-by-step explanation:
True, it is possible that some of the expenses you incurred in an accident are not covered by your insurance policy. Insurance policies typically have certain limits and exclusions that determine what expenses they will cover.
For example, if your policy has a deductible, you will be responsible for paying that amount before the insurance company starts covering the expenses. Additionally, some policies may not cover certain types of damages or may have limitations on coverage for specific events.
For instance, if you have a car insurance policy and you get in an accident, your policy may cover the cost of repairing your car. However, if the accident was caused by driving under the influence of alcohol, your policy may not cover the expenses. Similarly, if you have health insurance, there may be certain medical procedures or treatments that are not covered by your policy.
It's important to carefully review your insurance policy to understand what is and isn't covered. If you have any doubts or questions about your coverage, it's always a good idea to reach out to your insurance provider for clarification.