basics that i need to have down

Question 1

What symbol….

Any auto, if it is used in the insured business, regardless of ownership

Answer 1

Symbol 1

Question 2

What Symbol…

Owned Autos Only, whether or not specifically listed on the policy

Answer 2

Symbol 2

Question 3

What Symbol…
Owned Private Passenger Autos Only; a business may wish to provide insurance differently for its cars than for its dump trucks or vehicles used for delivery

Answer 3

Symbol 3

Question 4

What Symbol…

Owned Autos Other Than Private Passenger Autos Only

Answer 4

Symbol 4

Question 5

What Symbol…

Owned Autos Subject to No Fault Laws

Answer 5

Symbol 5

Question 6

What Symbol…

Owned Autos Subject to a Compulsory Uninsured Motorist Law

Answer 6

Symbol 6

Question 7

What Symbol…

Specifically described vehicles listed on the declarations page

Answer 7

Symbol 7

Question 8

What Symbol…
Hired Autos Only, which are those the insured leases, hires, rents or borrows, except any auto the insured leases, hires, rents, or borrows from an employee. These vehicles may not be owned by the insured.

Answer 8

Symbol 8

Question 9

What Symbol…
Non-owned Autos Only, which are those the insured does not own, lease, hire, rent or borrow, and are used in connection with the insured’s business. This includes autos owned by an employee of the insured or a member of the employee’s household.

Answer 9

Symbol 9

Question 10

What Symbol…
Mobile Equipment Subject to Compulsory or Financial Responsibility or Other Vehicle Insurance Law, which triggers protection for autos that are otherwise described as “mobile equipment”, but are required to be licensed and registered to be operated on public roadways. This symbol is necessary since mobile equipment is excluded from the definition of “auto” under the business auto policy.

Answer 10

Symbol 19

Question 11

What Symbol…

“Autos” left with the insured for service, repair, storage, or safekeeping

Answer 11

Symbol 30

Question 12

What Symbol…

Dealers “autos” physical damage coverages”

Answer 12

Symbol 31

Question 13

DP-1 is what type of Dwelling Form?

Answer 13

Basic Form.
Named Perils.
Actual Cash Value basis.

Question 14

DP-2 is what type of Dwelling Form?

Answer 14

Broad Form.
Replacement value for dwelling
Actual cash value for personal property.

Question 15

DP-3 is what type of Dwelling form?

Answer 15

Special Form.
Replacement cost for dwelling and other structure
Actual cash value for personal property.

Question 16

Coverage A (Dwelling)

Answer 16

Dwelling

Question 17

Coverage B (Dwelling)

Answer 17

Other Structures

Question 18

Coverage C (Dwelling)

Answer 18

Personal Property

Question 19

Coverage D (Dwelling)

Answer 19

Fair Rental Value

Question 20

Coverage E (Dwelling)

Answer 20

Additional Living Expenses

Question 21

Homeowner’s Section I covers what?

Answer 21

Property Coverages

Question 22

Homeowner’s Section II covers what?

Answer 22

Liability coverages

Question 23

Owner-occupied dwelling with no more than 4 residential units; the named insured must live in one of the units

Answer 23

HO-2, HO-3, HO-5 and HO-8

Question 24

The residence or apartment is rented, not owned

Answer 24

HO-4

Question 25

Condo or cooperative unites may be rented or owned

Answer 25

HO-6

Question 26

Part A of PAP?

Answer 26

Liabilty Coverages

Question 27

Part B of PAP?

Answer 27

Medical Payments

Question 28

Part C of PAP?

Answer 28

Uninsured Motorist

Question 29

Part D of PAP?

Answer 29

Coverage for Damage to your Auto

Question 30

Part E of PAP?

Answer 30

Duties After an Accident or Loss

Question 31

Part F of PAP?

Answer 31

General Provisions