Georgia Adjuster Practice Test

What is the maximum amount covered for bail bond costs under the supplementary payments of the Business Automobile policy?

1. $1,000

2. $2,000

3. $5,000

4. $10,000

The correct answer is: $2,000

Under the supplementary payments section of a Business Automobile policy, the maximum amount covered for bail bond costs is $2,000. This coverage is intended to provide financial assistance to the insured in the event they are required to post bail after an accident covered by the policy. The supplementary payments are designed to cover certain additional expenses that arise due to a covered loss, and bail bond costs are a part of this provision. The specified amount helps ensure that the insured does not face an undue financial burden while addressing legal obligations stemming from an automobile incident. It's essential to understand that this coverage is separate from the liability limits of the policy itself and specifically addresses ancillary costs incurred due to legal or procedural requirements associated with an incident.