Question

Which of the following premium rating factors does not apply to motor cycles and scooters (own
damage cover)
a. Geographical area of operation
b. cubic capacity
c. Insured’s estimated value
d. Purchase price

Answer 1

Answer:

An Own Damage Premium is the price you pay for your OD insurance. ... However, no matter what your premium price is, every OD insurance policy offers you protection from the following: Accidental damages caused by external means. Burglary, Theft and Housebreaking.