Types of coverage
Liability only
Collision
This coverage pays for a covered car that is damaged by collision with another object or the overturning of a covered car.
Frank hits a deer? what type of coverage will be used?
Comp
BI
Bodily injury
what is PIP?
Personal Injury Protection 10k
Comprehensive
This coverage pays for a covered car that is stolen or damaged by causes other than collision or the overturning of a covered car.
Tom hits a couch in the middle of the road what insurance is going to be used to fix his car?
Collison
CO
Collison
what is full coverage mean?
comp and Collison
Liability
Lawsuit protection.
This coverage pays for damages due to bodily injury and property damage to others for which you are responsible
Brad had Coverage A C D G H. His car goes in the shop after hitting a deer. will his current coverages provide him with rental?
no. does not have R1 coverage
Cp
Comprehensive
250/500/250 limits
BI and PD
UM coverage. Explain the two.
Uninsured Motor Vehicle Coverage can be purchased either: (1) As stacking coverage (Coverage U) available in addition to other applicable Uninsured Motor Vehicle Coverage if that other coverage is not sufficient to pay the covered damage; or (2) As non-stacking coverage (Coverage U3), which cannot be added to your other Uninsured Motor Vehicle Coverage to pay damages. If you have only one car in your household, the additional benefits provided by the stacking option maybe very limited.
Beth runs a redlight and hits a car with 3 people in it. Beths limits are 25/50/50. All 3 go to the hospital. What is the maximin amount Beths insurance will pay out.
50k
NB
UM
U-3 25/50 is also call what?
Non Stacking UM
Medical Pay
Medical Payments coverage (often called “MedPay”) is an optional part of car insurance that helps pay medical bills after a crash, usually no matter who was at fault.
Blake t-bones a truck with 1 person it in. Blake has $500 deductible for both comp and collision and limits of 25/50/25. how much will Blake pay out of pocket to fix the car he hit?
0. no deductible for liability claim
RR
car rental