Personal Auto Flashcards
What is named nonowner coverage used for
Covers and individuals use of AutoZone he does not own an auto
Ms. Adams has a personal auto policy with liability limits of 10/20/10. If she has an accident in the sand to be negligent, how much would her policy pay for injuries to Mrs. B of 4000, Mrs. C of 12,000 and to Mrs. C’s automobile in the amount of 8000?
$22,000
What do you bail bonds up to $250, appeal bond or release of attachment bond premiums, and interest on judgments have in common?
They are supplementary payments and a personal auto policy
How does auto medical payments applied to injuries that are also covered by Worker’s Compensation benefits?
Medical payments excludes coverage if Worker’s Comp. is available
The P a P endorsement that provides liability, medical payments and UIM for named individual who does not own an automobile is called?
Named nonowner coverage
How do you Worker’s Compensation benefits of plywood work-related injuries are also covered by PIP?
PIP is excess over WC
Melvin has a Pap with part D – damage to your auto deductible of $250 for collision and $100 for other than collision. If Melvin runs into a large Kyle and has $2950 damage to his auto, is part D coverage will pay what?
$2850.
John has three autos insured was stacked uninsured motorist coverage in the amount of $100,000. John is driving a friends auto that has 50,000 UM coverage and has an accident in which the other party is negligent. What is the maximum John might collect under UM?
$350,000
Can a driver collect under Worker’s Compensation in a medical pay under a pal coverage?
No
Can an insured purchase UM coverage with the limit greater than the bi limit?
No
Which coverages are primary and the owned auto/excess in the nonowned auto?
Medical payments
Ms. writer has a personal auto policy with liability limits of $100,000. If she has an accident and is found to be negligent, how much with her policy pay if there was $120,000 judgment and $32,000 in defense cost?
$132,000
Under personal auto policy, what is included within your covered auto?
And eligible vehicle acquired during the policy period, anon owned vehicle used as a substitute for an own vehicle, and a trailer owned by the insured.
Mr. Jeff has an accident, which is not his fault, while driving his friends auto. Friends policy has no med pay. Jeff has a personal auto policy was $5000 per person medical payments coverage. If Mr. Jeff has $2200 in medical expenses, how much will pap pay?
$2200
Can a vehicle with the lease under four months be eligible for coverage under a personal auto policy?
No, a vehicle must be leased for six months or longer to qualify
If financial responsibility requirements not met the time of accident what must be done to avoid penalties?
Satisfy all legally belly clams up to 10/20/10, certify compliance with financial responsibility using an SR – 22, maintain proof of financial responsibility for three years.
What can trigger Florida’s. Financial responsibility law
An accident involving bodily injury, and accent where the property damage makes the vehicle and operable, committing a felony with auto
The basic dollar limit on part D – damage to your auto is?
There is no dollar limit, it’s valued at actual cash value
And mechanical breakdown insurance, the rental reimbursement provision pays how much
$15 a day/$75 max
The personal auto policy coverage that provides the insured for bodily injury for a claim against another driver who has no liability insurance or liability lessen the insurance injury is called
Uninsured motorist
To what extent does part D damage to your auto cover nonowned auto’s
It is the same as The broadest of your covered autos on excess basis over that on non-owned
What is the coverage for trailers under personal auto policy part D?
$1500 nonowned trailers
Who is not eligible for a personal auto policy?
Partnerships
Under the personal auto policy medical payments are paid for what period of time after an accident?
Three years
What is the endorsement called that allows personal auto policy to cover various types of equipment such as motorcycles and golf carts?
Miscellaneous type vehicle
What is the endorsement under personal auto policy called that modifies the personal auto policy to cover name insured and or a family member for auto’s furnished for regular use?
Extended nonowned coverage
An individual injured in an automobile accident has personal injury policy with A $1000 deductible.if the individual is injured by an at fault driver and suffers $8000 in medical expenses, how much could they seek to recover and a tort claim?
$2400
If the extended personal injury policy endorsement is purchased what does it cover?
It increases medical to 100% and income loss to 80%
In what order would be look to the following policies for coverage for an injury sustained in a car accident?
WC, PIP, MP
In Florida, medical payments will pay
Excess benefits above the PIP payment
Uninsured motors coverage payments would be reduced by recoveries from what,
Worker’s Compensation, disability insurance, auto medical payments.
Andy has mechanical breakdown insurance and has a covered breakdown. He incurs the following costs: towing at $125, repair of damaged part I $1250, tuneup at $200. Assuming he has adequate limits and over deductible what will it pay?
$1250
What are the primary exclusions to a personal auto policy part d?
Equipment
Nonresidents must comply with the Florida no-fault law if
Their auto is in Florida over 90 out of the last 365 days
The penalties for failure to comply with the Florida no-fault are what?
Loss of tour immunity, personal liability for PIP benefits and suspension of drivers license and auto registration
Sally and her friend are injured in an automobile accident and Sally’s car. Sally was at fault. Sally has a personal auto policy with medical payments of $2000 per person. If Sally has $1400 and injuries and Glenda has $2200 injuries how much will the personal auto policy pay?
$3400
Under Florida personal injury protection and insured who has $1000 deductible and suffers $9000 in medical expenses will recover how much
$6400
When is the named insured not entitled to a benefit of PIP?
When they are injured outside of Florida while a pedestrian by any motor vehicle
Exceptions to the no fault tort exemption for general damages include
Permanent loss of bodily function, permanent injury other than scarring or disfigurement, significant permanent scarring or disfigurement
In mechanical breakdown Insurance, the policy terms are:
New car 36 months/36,000 miles. Usedcars 12 months/12,000 miles
For personal injury protection the owner of a motor vehicle is the person who
One who holds the legal title, debtor-in-possession, one who leases with the option to purchase, one who leases for six months or more
