Property & Casualty Exam Prep 32, Personal Auto Physical Damage

This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. In this episode you will learn: - Collision coverage applies to the upset (rollover) of your vehicle or its impact with another vehicle or object. - Other-Than-Collision (Comprehensive) covers perils like theft, hail, flood, vandalism, and contact with an animal. - Hitting a deer is an Other-Than-Collision claim, but swerving to miss a deer and hitting a tree is a Collision claim; a frequent exam trap. - Transportation Expenses coverage has a waiting period: 24 hours for most physical damage losses and 48 hours for theft. - Specified Perils coverage is a limited, named-peril alternative to the broader Other-Than-Collision coverage. For more free exam prep tools, practice questions, and AI-powered explanations, visit https://open-exam-prep.com/ or YouTube Channel: https://www.youtube.com/@Open-exam-prep