Which of the following is NOT included in the list of optional Autoplan coverage?

Prepare for the IBABC Automobile Insurance Exam with our multiple choice questions with explanations and hints. Study effectively with our engaging quizzes and ensure you're exam-ready!

Property Damage Liability is not considered an optional coverage under the Autoplan, as it is a mandatory component of automobile insurance in British Columbia. This coverage provides protection for damages caused to another person’s property in the event of an accident for which you are at fault, ensuring that you meet legal requirements for insurance while operating a vehicle.

In contrast, the other options listed are examples of optional coverages. Collision coverage offers protection for damage to your own vehicle resulting from a collision, regardless of fault. Extended Underinsured Motorist coverage provides additional limits of coverage when you're in an accident with a driver who has insufficient insurance. Loss of Use coverage assists with rental car costs if your vehicle is being repaired after an insured event. These options enhance your policy beyond the minimum legal requirements, allowing for more comprehensive protection, whereas Property Damage Liability is a basic necessity.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy