Which statement regarding Own Damage Coverage is FALSE?

The correct answer is that permission to make temporary repairs without restriction is a false statement regarding Own Damage Coverage. This is because, under most insurance policies, including those offered in British Columbia, there are typically guidelines and limitations surrounding the scope of temporary repairs that policyholders can undertake. Insurers may require prior approval for temporary repairs to ensure that these actions do not interfere with the claims process or the assessment of damages. Additionally, insurers might have specific protocols for how repairs should be documented and handled to maintain integrity in the claims evaluation.

The other statements are consistent with standard practices in insurance claims. Prompt notification of the loss or damage is crucial as it allows the claim to be initiated in a timely manner, ensuring that the insurance provider can potentially mitigate further losses. Taking reasonable steps to protect the vehicle from further loss is important to minimize damages and demonstrate responsible policyholder behavior. Reporting theft to the police within a specified timeframe, such as 48 hours, is typically required to validate the claim and assist law enforcement in recovering the stolen vehicle.