West Virginia Property and Casualty Licensing Practice Exam

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What is the maximum amount payable for bail bonds under a personal auto policy's supplementary payments?

$100
$250
$500
$1,000

The correct answer is: $250

The correct amount payable for bail bonds under a personal auto policy's supplementary payments is $250. This provision is included to assist the insured with costs associated with being arrested due to an accident or traffic violation that arises from the use of the insured vehicle. Supplementary payments are designed to cover certain expenses in addition to the policy’s liability coverage limits. The specified amount for bail bonds ensures that the insured can obtain their release from custody while awaiting trial without facing undue financial hardship. Understanding the purpose of supplementary payments is crucial, as they provide financial relief in unexpected legal scenarios related to the operation of a vehicle. This aspect of personal auto policies reinforces the importance of being adequately insured not just for liability but for the associated legal expenses that can occur.