Commercial Auto Flashcards
How many vehicles make up a fleet?
5+
What is the min liability limit for vehicles weighting more than 11749 KG?
1 mill
What is the mim liability limit for vehicles carrying dangerous goods?
2 mill
What is the injury pp pa for airport passenger veh?
$400K
When would the min liab increase from 1 mill to 2 mill for Airport passenger veh?
when BI or Death of 2 or more passengers and the veh is designed for 11+ passengers, inc driver
When would the min liab increase from $500K to 1 mill for school buses?
when BI or Death of 2 or more passengers and the veh is designed for 16+ passengers, inc driver
SEF 2
Drivers policy
you do not own a veh but you drive veh owned by others.
How is SEF 2 differ from SEF 1
SEF 2 does not have described auto section
Pink card is issued in drivers name
SEF 4
Garage auto policy
Used for car servicing, repair, maintenance and sales
What does Section A of SEF 4 cover?
3rd party liability but now covers from operating another’s veh
What does section B of SEF 4 cover?
It removes the exclusion for garage personal from SEF1 so they can now be covered
What does section C of SEF 4 cover?
The exclusion for garage personal is now removed do damage to owned veh are covered
What does section E of SEF 4 cover?
Legal liability coverage for those in the care, custody or control of another’s veh is added for specific perils.
covers if garage is legally liable for damage
SEF 6
Non-owned auto policy
liability when employees use personal cars for work or the regularly rent cars
Which SEF can be endorsed on your CGL?
SEF 6
because employees are liable for the torts of their employees.
