Which of the following defines the limit for property damage under Uninsured Motorists coverage when no collision coverage is in place?

Study for the California Personal Lines Broker Test. Utilize detailed flashcards and comprehensive multiple choice questions, each with helpful hints and explanations. Propel your preparation for a successful exam outcome!

The limit for property damage under Uninsured Motorists coverage, when no collision coverage is in place, is defined as $3,500. This is an important detail in insurance policies that helps clarify the extent of coverage available for property damage claims when the at-fault driver is uninsured. Without any collision coverage, which typically applies when you are driving your own vehicle and are involved in an accident, this policy provides a safeguard to ensure that the insured party can have their vehicle repaired or replaced up to this specified limit. Understanding this threshold is crucial for insured individuals as it helps them comprehend how much they can expect in terms of monetary compensation for damages when encountering an uninsured motorist.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy