Registered Insurance Brokers of Ontario (RIBO) Practice Exam

In the event of an accident involving loss or damage to the insured auto, the insured must:

1. Give notice in writing to the insurer with full particulars of the loss.

2. Protect the vehicle from further loss at his/her own expense.

3. Complete a Proof Of Loss form within 30 days of the date of the loss or damage.

4. Arrange to repair the auto as soon as possible after the accident.

The correct answer is: Give notice in writing to the insurer with full particulars of the loss.

In the event of an accident involving loss or damage to the insured auto, the insured is responsible for notifying the insurer in writing with all relevant details. This is important as it allows the insurer to begin the claims process and provide the necessary assistance. Option B, protecting the vehicle from further loss, may also be necessary, but it is not the insured's first priority as the insurer needs to be notified first. Option C, completing a Proof of Loss form, may be required by the insurer, but this can only be done after notifying them of the loss. Option D, repairing the auto, is the responsibility of the insurer, not the insured. Therefore, the most important and correct action for the insured to take is to give notice in writing to the insurer with full particulars of the loss.