Property and Casualty Chapter 6

Most individuals who drive private passenger automobiles for personal use insure their automobiles using a _____.

Personal Auto Policy

Virtually ____ can buy a Personal Auto Policy. You don't even need a driver's license or own an auto. (You could own a limo complete with a driver, or you could be a city dweller with no car but occasionally drive other people's cars.)

Anyone

A private passenger automobile means a ____-wheeled vehicle including SUVs, vans, sedans, pickup trucks, sports cars, station wagons and jeeps.

Four

A Family Member (or _____) is a person related to the Named Insured by blood, marriage, or adoption and living at the same address. A student, although away at school, is still considered a ____. Even Grandpa Joe is a _____if he lives with the Named Insured.

Relative

_____ includes riding in, getting in, getting out, sitting on, riding on or loading an auto.

Occupying

A Trailer is a vehicle designed to be towed by a ______.

Private passenger automobile

A Covered Auto includes those vehicle(s) listed on the Declarations, plus any trailers owned by the Named Insured, any newly acquired vehicles, and any vehicle used as a _________.

Temporary Substitute Auto

A Temporary Substitute Auto is a non owned vehicle or trailer that is being used by the Insured due to the unavailability of the Covered Vehicle as the result of its ____,_____,_____,_____.

breakdown, repair, servicing, loss or destruction.

Car Pooling accidents are covered. But if you are driving your car as a ____ (Public of Livery Conveyance / Car For Hire), you have no auto coverage.

Taxi

Your Personal Auto policy will exclude coverage for your company car because it is provided for your _____.

Regular and Frequent Usage

Car Pooling accidents are covered. But if you are driving your car as a ____, you have no auto coverage.

Taxi

Coverage A Liability pays for the _____ and the ____ that you do to the Other Guy's body or to the Other Guy's stuff.

Bodily Injury (BI) , Property Damage (PD)

Coverage B Medical Payments pays for medical treatment to you or your Family if any of you are injured while occupying _____ or if you sustain bodily injury as a _____ when hit by a motor vehicle.

Any motor vehicle, Pedestrian

Coverage C Un and Under-insured Motorists coverage protects you, your Family and any ____ riding in your car.

Passenger

A hit and run driver is presumed to be an uninsured motorist only for _____ claims.

Bodily Injury

A driver who has insurance but less than the minimum limits in the state where the accident takes place is an _____.

Uninsured Motorist

If the liability limits are written on a split limit basis, the first number is the most that the Insurer will pay for _____ to any one person you injure in an accident. The second number is the most that the Insurer will pay total for __ to all the people you injure in any one accident. The third number is the maximum the Insurer will pay for ____ for all of the other guy's stuff you wreck in any one accident.

Bodily Injury, BI, Property Damage

The Single Limit version of the Split Limit 25/50/10 is $_____. Simply add the maximum ____ number to the maximum __ limit to come up with the equivalent Split Limit.

$ 60,000, BI, PD

An Insured Person is defined as the Named Insured and any ____ using any automobile, or ____ person using the Named Insured's _____ with permission.

Family Member, Any, Covered Auto

Defense Costs and all other Supplementary Payments, such as the cost of appeal bonds, bail bonds and interest on settlements, is paid ____ the limits of liability.

In addition to

Coverage A Liability Exclusions state that your auto policy will not pay for injuries you inflict on one of your own employees, nor will your policy pay for damages inflicted on a Third Party by anyone driving your car who is in the ____ business.

Garage

Coverage B Medical Payments will pay for you or your Family's medical and _____ expenses incurred within _____ years of the accident. However, pain and suffering and ____ are not covered.

Funeral, Three, Lost wages

You and your Family are covered by Med Pay as _____.

Pedestrians

Others traveling with you in your auto are also covered by your ____..

Med Pay

Coverage B Exclusions state that you don't have Med Pay coverage if you live in your vehicle, like your RV, or if you are _____.

Injured on the job

Med Pay limits are written on a_____ basis.

Per person per occurrence

To collect under Coverage C Un and Under-insured Motorists coverage, The Other Guy who caused the accident must be ______.

Legally at fault.

If you have Coverage C Un and Under limits of 100/300/100 and The Other Guy has Coverage A limits of 25/50/10, the most that you could collect from your carrier for a Coverage C claim for BI to one Insured is $ ___.(Hint: The most that you can ever collect on a Coverage C loss is your own Coverage C limit.)

$75,000

With Coverage C Underinsured Motorist coverage limits, you never ADD The Other Guy's liability limits to yours. You _____ them.

Subtract

If your company pays you an Uninsured Motorist claim, then your company will assume your legal rights to sue The Other Guy under the process called _____.

Subrogation

Coverage D Damage To Your Auto is also referred to as _____.

Physical Damage

The two key Physical Damage coverage's are____ and ____.

Collision and Comprehensive/Other than Collision

The peril of Collision includes vehicle ____ or _____.

Upset or Overturn

The perils of Fire, Flood, Hail or the Breakage of Glass are covered under _____.

Comprehensive/Other Than Collision

Contact With A Bird Or Animal is considered an _____.

Other Than Collision loss.

The Comprehensive coverage that pays you up to $20 per day to rent a car after your car has been wrecked or stolen is called ______ . It pays with a $0 deductible.

Transportation Expense

Coverage D Physical Damage Exclusions include Wear and Tear, Electronic Equipment and _____.

Government Confiscation

Coverage D losses are settled on an ____ basis.

ACV

Duties After An Accident or Loss include sending ____ to the insurance company, providing Proof of Loss if requested, and preventing _____ to your property.

Prompt Notice, Further damage