Registered Insurance Brokers of Ontario (RIBO) Practice Exam

Lightening damage to your vehicle. While a standard $300 deductible may apply to most losses, it would not apply to damage caused by a natural event such as lightening. Options A and B are incorrect because they both involve theft and a standard deductible would likely apply. Option D is incorrect because it involves attempted theft, which is still considered a type of theft and would likely be subject to a deductible.