Part A - Liability
Can it be written with other coverages?
Yes
Covers medical and funeral limits for how many years after the accident?
3 years
Can the insurance company sue the at-fault party?
Yes!
Define collision
The impact of an auto covered by the policy with another object or vehicle, or the overturn of a vehicle.
Name a Miscellaneous type vehicle
Motorcycle, Scooter, golf cart, motor home
Who is included with Insureds?
Named insured, resident spouse and family, any person that borrowed covered auto
In a 2 car accident who is not covered by medical payments coverage?
Passengers in the car that the named insured hit
Split or combined single limit?
Both!
Name an exclusion
there are so many omg
Does auto insurance cover the car or the driver?
The car
If insured is operating as a Taxi and gets in an accident, is it covered?
No
Name one exclusion
I hope you said 1 of the 6
Can you stack other insurance?
Of course not!
Does this include Transportation expenses coverage?
Duh!
Name a personal auto policy endorsement
Joint ownership coverage, towing labor costs, misc. type vehicle, extended non-owned coverage, named non-owner coverage
In a 100/300/50 split limit, how much is paid out per accident for bodily injury?
$300,000
Medical payments coverage is also known as...?
First party benefits
Who has to pay the cost for an appraiser?
Both parties pay for their own appraiser
What does Other Than Collision cover?
Almost every other type of direct, accidental loss to the vehicle is not specifically excluded in the policy.
A car flips over an embankment onto its side. What kind of loss is this?
A collision loss
Define the other insurance clause
It states that the company will pay only its share of a loss that is also covered by other insurance
Who does single limit of liability apply to?
Each person insured
Does an uninsured motorist have liability at the time of the accident?
No
Define the Benefit to Bailee condition
It states that a bailee cannot benefit from the insurance policy if a loss occurs to the car while it's in the bailee's possession.
Under part D of a personal auto policy, a temporary substitute auto is considered what
A non owned auto