Question: Select one A . The auto insurance policy is a bi - lateral contract, where Peggy is legally required to pay the premium and the
Select one
A The auto insurance policy is a bilateral contract, where Peggy is legally required to pay the premium and the insurance company is legally required to pay for covered damage in the event of a loss.
B Since Peggy intentionally damaged the automobile, the insurance company will not pay for the damages to the car.
C The insurer must pay for the damages to the car since damages from an accident are specifically covered under the policy.
D Peggy may not be able to collect under the insurance policy because she did not satisfy all the conditions for coverage.
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