Mandy's car is stolen and she files a claim with her PAP insurer. Which of the following items will not be paid for by her Other than Collision coverage?
A) the actual cash value of the car
B) the car's factory-installed GPS navigational system, worth $999
C) her cell phone that had a built-in GPS navigational system
D) None of the above; all these items would be covered by her policy.
C
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In word association, responses are analyzed by calculating ________
A) the frequency with which any word is given as a response B) the amount of time that elapses before a response is given C) the number of respondents who do not respond at all to a test word within a reasonable period of time D) all of the above
Which of the following is the most important goal of insurance regulation?
A) Limiting the number of insurance companies in the state B) Promoting the solvency of insurance companies C) Mandating that all citizens purchase auto insurance and health insurance D) Approving the contractual language of insurance policies sold in the state