Your insured has bought a snowmobile and you have provided an O.A.P. 1 Owner's Policy with endorsement permitting unlicensed drivers of recreational vehicles. His fourteen (14) year old son drives the machine alone out onto the lake and it goes through the Ice. It is not recovered. Would the loss be covered? OA) The loss would not be covered as the son was not accompanied by an adult. OB) The loss would only be paid if the policy includes Comprehensive or All Perils coverage. coverage. OC) The loss could be paid under either Specified Perils or Comprehensive OD) The loss would not be covered as it was the son's stupidity that caused the loss.
Your insured has bought a snowmobile and you have provided an O.A.P. 1 Owner's Policy with endorsement permitting unlicensed drivers of recreational vehicles. His fourteen (14) year old son drives the machine alone out onto the lake and it goes through the Ice. It is not recovered. Would the loss be covered? OA) The loss would not be covered as the son was not accompanied by an adult. OB) The loss would only be paid if the policy includes Comprehensive or All Perils coverage. coverage. OC) The loss could be paid under either Specified Perils or Comprehensive OD) The loss would not be covered as it was the son's stupidity that caused the loss.
Related questions
Question
Pls help ASAP
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 3 steps