Other Than Life (OTL) Practice Exam 2025 – All-In-One Guide to Exam Success!

In an auto insurance policy, it is common to include liability, collision, and comprehensive coverage to provide a comprehensive protection package for the insured vehicle.

Liability coverage is essential as it pays for bodily injury and property damage that the policyholder may cause to others in an accident. Collision coverage helps pay for damages to the policyholder's own vehicle resulting from a collision with another vehicle or object, regardless of fault. Comprehensive coverage protects against non-collision-related incidents such as theft, vandalism, or natural disasters.

This combination of coverages helps ensure that the insured is financially protected in various scenarios, making it standard practice for auto insurance policies to contain this breadth of coverage. The other options do not encompass the full spectrum of protections typically included in an auto insurance policy, thus highlighting why the selection encompassing liability, collision, and comprehensive coverage is the most accurate representation of a standard auto insurance policy.