Texas Property and Casualty License Practice Exam

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Prepare for the Texas Property and Casualty License Exam. Utilize flashcards and multiple-choice questions, each equipped with hints and detailed explanations. Maximize your study efficiency today!

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What is the maximum daily benefit for transportation expenses after a total theft under comprehensive coverage?

$30 per day
$20 per day
$15 per day
$25 per day

The correct answer is: $20 per day

Under comprehensive coverage, the maximum daily benefit for transportation expenses after a total theft is $20 per day. This amount reflects the typical compensation provided to policyholders to cover transportation costs incurred while their vehicle is not available due to theft. This limit is established to help cover some of the expenses that the insured might incur from using alternative transportation options, such as rental cars or public transit, during the time the stolen vehicle remains unrecovered. Understanding this aspect of comprehensive coverage is crucial for policyholders, as it helps them plan financially in the event of a vehicle theft, ensuring they are aware of the support their insurance policy provides during such an incident.