If DeShawn suffered bodily injury from an accident, which part of insurance may cover his medical bills?

Get more with Examzify Plus

Remove ads, unlock favorites, save progress, and access premium tools across devices.

FavoritesSave progressAd-free
From $9.99Learn more

Study for the Personal Financial Planning Test. Engage with flashcards and multiple-choice questions, each with hints and explanations. Prepare for your exam effectively!

The correct choice addresses coverage for medical bills resulting from bodily injury suffered in an accident. In the context of auto insurance, Part B specifically refers to medical payments coverage. This part of the policy typically pays for medical expenses incurred by the insured and passengers in the insured vehicle regardless of fault in the accident. This is crucial because it ensures that medical bills are covered promptly, allowing the injured parties to receive necessary care without delay or concern over liability issues.

While parts A and C refer to different kinds of coverage—liability coverage and other aspects of homeowners' insurance, respectively—these do not directly cover medical expenses for the insured in an auto accident scenario. Therefore, Part B, as a specification of auto insurance dealing explicitly with medical expenses, is the appropriate answer for this situation.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy