Named perils coverage protects the automobile owner against theft of specific items named in the auto insurance policy.

Question

Quizplus · Accepted Answer

Named perils coverage typically refers to a type of property insurance that covers specifically named events or risks, but it does not necessarily apply to auto insurance in the way described in the statement. Auto insurance policies typically include coverage for theft, but the specific items included may vary depending on the policy and insurer.

Named Perils Coverage Protects the Automobile Owner Against Theft of Specific