OTL AUTO CHAPTER 3 questions with
verified answers graded A+
Which types of individuals are excluded from the OAP 1 while driving a customer's car as part of
their business? - correct answer ✔✔Anyone who sells, repairs, maintains, stores, or parks
automobiles as part of a business.
Who carries more risk, taxis or ridesharing services? - correct answer ✔✔Taxis as they are likely
to be engaging in this as their fulltime livelihood
What is carsharing? - correct answer ✔✔An arrangement set up through a mobile app that links
car renters with car owners.
What is another name for carsharing services? - correct answer ✔✔Peer-to-Peer car Rental
Which coverages are included under the carsharing commercial insurance policy? - correct
answer ✔✔Third-Party Liability, Accident Benefits, Uninsured Automobile, and Physical Damage
What geographical limit is specified in the OAP 1 for automobiles being operated, used, stored,
or parked in? - correct answer ✔✔Within Canada, the USA, and on a vessel travelling between
these ports
How is described automobile defined in the OAP 1? - correct answer ✔✔Any automobile, or
trailer registered in the name of the policy holder and specifically described on the certificate of
automobile insurance.
verified answers graded A+
Which types of individuals are excluded from the OAP 1 while driving a customer's car as part of
their business? - correct answer ✔✔Anyone who sells, repairs, maintains, stores, or parks
automobiles as part of a business.
Who carries more risk, taxis or ridesharing services? - correct answer ✔✔Taxis as they are likely
to be engaging in this as their fulltime livelihood
What is carsharing? - correct answer ✔✔An arrangement set up through a mobile app that links
car renters with car owners.
What is another name for carsharing services? - correct answer ✔✔Peer-to-Peer car Rental
Which coverages are included under the carsharing commercial insurance policy? - correct
answer ✔✔Third-Party Liability, Accident Benefits, Uninsured Automobile, and Physical Damage
What geographical limit is specified in the OAP 1 for automobiles being operated, used, stored,
or parked in? - correct answer ✔✔Within Canada, the USA, and on a vessel travelling between
these ports
How is described automobile defined in the OAP 1? - correct answer ✔✔Any automobile, or
trailer registered in the name of the policy holder and specifically described on the certificate of
automobile insurance.
