need help asap While on vacation in the U.S.A. your insured's Cadillac is damaged in an accident with a Georgia registered automobile,insured for minimum limits of $15,000/$30,000 Bodily Injury, and $10,000 Property Damage Liability. The Georgiadriver is 100% liable for $20,000 damage to your insured's automobile. Your insured has an O.A.P. 1 Owner's Policyincluding Direct Compensation-Property Damage with standard deductible, OPCF 44R-Family Protection Coverage butno Collision insurance. How would the claim be paid?OA) $19,500 under the insured's Direct Compensation-Property Damage coverage.OB) Nothing under the OPCF 44R and $10,000 under the Georgia policy.OC) $10,000 under the OPCF 44R and $9,500 under Direct Compensation-Property Damage coverage.D) $10,000 under the OPCF 44R and $10,000 under the Georgia policy. Regulations under the RIB Act require the broker to provide a policy or certificate of coverage to the member of thepublic for whom they act as evidence that insurance has been placed. Within which one (1) of the following periods oftime after the placing of the insurance should the policy or certificate of coverage be provided?OA) In the next mail.OB) Thirty (30) days.OC) Fifteen (15) days.OD) Twenty-one (21) days.

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Answered: While on vacation in the U.S.A. your…

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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