What amount is paid for loss of income under Coverage A of a Personal Auto Policy?

Prepare for the California Personal Lines Broker Test with flashcards and multiple choice questions. Each question includes hints and explanations to help you excel. Get ready to ace your exam!

Under Coverage A of a Personal Auto Policy, the coverage typically pertains to liability for bodily injury and property damage, but it does not specifically address loss of income as a benefit. However, loss of income may sometimes be considered under additional endorsements or policy provisions related to personal injury protection or medical payments.

When addressing the amount paid specifically for loss of income, it’s important to clarify the context of each answer. The most commonly recognized daily limit for loss of income under supplementary personal injury policies is often $100. This amount reflects the standard rate that can reasonably cover some daily income losses resulting from injuries sustained in an auto accident, aligning with typical industry standards.

Since the question refers specifically to "Coverage A," which focuses on liability rather than income loss, it's crucial to recognize that the correct answer should be aligned with what a typical personal injury protection policy would cover rather than a liability coverage under a personal auto policy. Hence, reviewing the proper link between coverage types and what they address will help clarify the suitable answer to the question regarding loss of income provisions.

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