Personal Auto Insurance

Question 0

What are the types of autos eligible for PAP?

Answer 0

• Four wheel private passenger autos

- Pick or Van- <10k lbs and not used to deliver persons or property for a fee

Question 1

What does a Personal Auto Policy cover?

Answer 1

Property and liability exposures that result from the ownership, maintenance, and use of a motor vehicle

Question 2

What vehicles are insured in the PAP?

Answer 2

• Auto listed in the declarations
• Newly acquired vehicle (request for coverage within 14 days)
• Any trailer insured owns (liability only)
• Temporary substitute auto (when auto listed has broke down or repair)
• Non owned auto (borrowed car)

Question 3

Who is insured under a PAP?

Answer 3

• Named insured
• Resident relatives
• Anyone who is driving the insured vehicle with permission

Question 4

What is the extent of the PAP coverage?

Answer 4

• To insure accidents at a fixed place and time

- Only applies to policy coverage territories

Question 5

What does Part A: Bodily injury Liability cover?

Answer 5

Damages for bodily injury and property damage to others, resulting from an auto accident, caused by the insured

Question 6

How does the split limit 100/300/50 breakdown?

Answer 6

$100k per person from bodily injury
$300k per accident from bodily injury
$50k per accident for property damage of others

Question 7

How does combined single limits for Part A: Bodily Injury Liability work?

Answer 7

Single amount that can be used as needed for either property damage or bodily injury

Question 8

What the supplementary payments (BAILED) for Part A: Bodily Injury Liability?

Answer 8

Bonds, 
aid, 
interest, 
loss of earnings, 
expenses, 
defense costs

Question 9

What is Part B: Medical Payments used for?

Answer 9

Pays for reasonable and necessary medical and funeral expenses

• Expenses incurred for services rendered within 3 years after the date of an accident are covered

Question 10

Who and for what does Part B: Medical payments cover?

Answer 10

• Covers insured, family members, and passengers

- Covered if: struck by another auto while walking, while riding in another auto

Question 11

What is Part C: Uninsured Motorist coverage?

Answer 11

• Protects the insured and family members and other occupants of the insured vehicle when injured by an uninsured motorist or hit-and-run driver
• Covers (everyone) when walking

Question 12

What does Part C: UM NOT cover?

Answer 12

• Cover the insureds property damage (endorsement may be added)
• Protect the other driver
• Pay damages if the insured is at fault

Limits typically match insureds liability limits

Question 13

What is Part C: Underinsured Motorist Coverage (UIM)

Answer 13

• Pays the difference between the insured’s bodily injury damages and the at-fault drivers liability insurance
• Coverage limits typically match the insureds liability limits
• Added by endorsement (if not mandatory)
• Optional in some states, mandatory in others