Registered Insurance Brokers of Ontario (RIBO) Practice Exam

In which of the following cases would the insured's $300 deductible not apply?

1. A claim for scratches in the paintwork caused by vandals.

2. A claim for explosion of the vehicle due to a ruptured fuel line.

3. A claim for theft of the Insured's car stereo.

4. A claim for fire damage caused by a wayward cigarette.

The correct answer is: A claim for fire damage caused by a wayward cigarette.

In this scenario, the insured's $300 deductible would not apply if their car was damaged by a wayward cigarette and caught on fire. The deductible would still apply for options A, B, and C as those situations involve damages that are covered by the insurance policy. Option A involves vandalism, option B involves an explosion due to a ruptured fuel line, and option C involves theft. These are all covered incidents and therefore the deductible would still apply. Option D is the only situation that would not require the insured to pay their deductible as it does not fall under the coverage of the insurance policy.