Mississippi Property & Casualty Practice Exam

When a car is parked in a lot, how is it covered since it's not in the shop?

1. Part A

2. Part B

3. Part C

4. Part D

The correct answer is: Part D

When a car is parked in a lot, it is typically covered under the comprehensive part of an auto insurance policy. This coverage, often referred to as Part D in many insurance policy formats, provides protection against non-collision-related incidents that might result in damage to the vehicle while it is parked. This includes events such as theft, vandalism, weather-related damages, and other incidents that do not involve a collision. Comprehensive coverage is designed to cover various risks not associated with an accident on the road, which is why it applies in the context of a parked vehicle. In this situation, the vehicle is vulnerable to potential damages without actively being involved in movement or operation, making comprehensive coverage essential for protection. Understanding the specifics of coverage types is critical for ensuring adequate protection for your vehicle in different circumstances.