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Which one (1) of the following statements about "Section 6- Direct Compensation-Property Damage Coverage" of O.A.P. 1 Owner's Policy is INCORRECT? It covers damage to the automobile, certain unscheduled trailers, their equipment and contents caused by another automobile in Ontario, including loss of their use. The policy on the other vehicle must be issued by an Ontario licensed insurer or one that has filed with the Financial Services Regulatory Authority of Ontario to provide this coverage. The accident may occur anywhere in Canada and at least one other automobile involved is insured under a motor vehicle liability policy. The insured would be covered, partially under O.A.P. 1 if partially at fault for the accident.

Which one (1) of the following statements about "Section 6- Direct Compensation-Property Damage Coverage" of O.A.P. 1 Owner's Policy is INCORRECT? It covers damage to the automobile, certain unscheduled trailers, their equipment and contents caused by another automobile in Ontario, including loss of their use. The policy on the other vehicle must be issued by an Ontario licensed insurer or one that has filed with the Financial Services Regulatory Authority of Ontario to provide this coverage. The accident may occur anywhere in Canada and at least one other automobile involved is insured under a motor vehicle liability policy. The insured would be covered, partially under O.A.P. 1 if partially at fault for the accident.

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Which one (1) of the following statements about "Section 6- Direct Compensation-Property Damage Coverage" of O.A.P. 1 Owner's Policy is INCORRECT? It covers damage to the automobile, certain unscheduled trailers, their equipment and contents caused by another automobile in Ontario, including loss of their use. The policy on the other vehicle must be issued by an Ontario licensed insurer or one that has filed with the Financial Services Regulatory Authority of Ontario to provide this coverage. The accident may occur anywhere in Canada and at least one other automobile involved is insured under a motor vehicle liability policy. The insured would be covered, partially under O.A.P. 1 if partially at fault for the accident.
Transcribed Image Text:Which one (1) of the following statements about "Section 6- Direct Compensation-Property Damage Coverage" of O.A.P. 1 Owner's Policy is INCORRECT? It covers damage to the automobile, certain unscheduled trailers, their equipment and contents caused by another automobile in Ontario, including loss of their use. The policy on the other vehicle must be issued by an Ontario licensed insurer or one that has filed with the Financial Services Regulatory Authority of Ontario to provide this coverage. The accident may occur anywhere in Canada and at least one other automobile involved is insured under a motor vehicle liability policy. The insured would be covered, partially under O.A.P. 1 if partially at fault for the accident.
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