Assume that you have limits of 15/25/15 ($15,000/$25,000/$15,000), the minimum required in the state where your car is garaged.If you are driving in a state that requires 25/50/20 ($25,000/$50,000/$20,000) and are involved in an accident, your insurer will interpret your policy as if it had the higher limits.Thus, even though you have to meet only the requirements where you live, your policy will provide the limits you need in any state or province in which you may be driving.Identify the provision in your automobile insurance policy that makes this possible.
A)Indemnification
B)Stacking
C)Out-of-state
D)Redlining
E)Gentrification

Question

Quizplus · Accepted Answer

The provision that makes it possible for your insurance policy to automatically adjust to meet the minimum requirements of the state you are driving in is known as the "Out-of-state" coverage provision. This ensures that drivers remain adequately covered according to the local laws of the state they are in, even if those laws require higher limits than the driver's home state.

Assume That You Have Limits of 15/25/15 ($15,000/$25,000/$15,000), the Minimum