What limitations are present in commercial motor insurance?

The choice that highlights the limitations present in commercial motor insurance is the notion that they are "same as those in private motor policy." This is correct because commercial motor insurance generally includes various standard limitations similar to those found in private motor insurance. These may cover aspects such as exclusions for specific risks, limits on coverage amounts, and the need for precise use stipulations of the vehicle.

Commercial motor policies are designed to protect vehicles used for business purposes, and, like private motor policies, they usually contain limitations related to coverage for personal use. For example, incidents that occur while the vehicle is being used for unapproved purposes or outside of the insured territories might not be covered, paralleling provisions seen in private policies.

The other options represent factors that might be associated with a misunderstanding of commercial motor insurance. There's a variance in coverage due to the nature of the business and vehicle type, indicating that "different coverage levels for different vehicles" is a valid consideration, but it doesn't highlight a limitation in the same way as standard policy restrictions. The notion of "unlimited use of the vehicle" misrepresents the fact that commercial motor insurance will have specific usage limitations, and "none, it covers everything" inaccurately suggests a lack of restrictions, which is misleading.