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Author Question: Which of the following statements concerning the collision damage waiver when renting an auto is ... (Read 114 times)

Zulu123

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on: Jul 11, 2018
Which of the following statements concerning the collision damage waiver when renting an auto is true?
 
  I. It relieves the renter from legal liability to third parties arising out of operation of the rented car.
  II. It relieves the renter from legal liability for the vehicle if it is damaged or stolen.
  A) I only
  B) II only
  C) both I and II
  D) neither I nor II

Question 2

Dennis was involved in an accident. He believes the damage to his auto is 7,000. His insurer believes the damage is only 3,500. Which PAP provision is designed to handle disputes between the insurer and the insured over the amount of the loss?
 
  A) other insurance provision
  B) agreed amount endorsement
  C) coinsurance provision
  D) appraisal provision


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SVictor

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Reply #1 on: Jul 11, 2018
Answer to Question 1

Answer: B

Answer to Question 2

Answer: D


Zulu123

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Reply 2 on: Jul 11, 2018
Great answer, keep it coming :)

isabelt_18

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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