Personal Auto Policy (PAP)

Question 1

Coverage for a REPLACEMENT

Answer 1

Same as auto in dec.

Question 2

Notification requirement for new auto

Answer 2

30 Days

Question 3

Coverage for ADDITIONAL

Answer 3

Broadest coverage

Question 4

Vehicles eligible for PAP (3)

Answer 4

• 4-wheel, private passenger auto
• Pick-up or van LESS THAN 100,000lb
• Owned or leased auto if leased under a written agreement and lease is for continuous 6 mo. period

Question 5

Supp. Payments for: Bail Bonds

Answer 5

$250

Question 6

Supp. Payments for: Loss Wages

Answer 6

$200

Question 7

Supp. Payments for: Emergency First Aid

Answer 7

$200

Question 8

NC Liability Limits

Answer 8

30/60/25

Question 9

NC premium rating factors (3)

Answer 9

1. Pleasure/ Business Use
2. Work 10 miles or less/ 10 miles +
3. Agricultural use

Question 10

Med Pay Incurred within___ years

Answer 10

3

Question 11

Hit and run UM/UIM covers

Answer 11

BI ONLY

Question 12

UM/UIM deductible amount

Answer 12

$100

Question 13

Coll & Comp deductibles DO NOT apply to (3)

Answer 13

1. Fire or lighting
2. Smoke due to sudden, unusual and faulty operation of any fixed heating equipment servicing the premises auto is stored
3. Stranding, sinking burning, collision or derailment of any conveyance which the auto is being transported

Question 14

Transportation Expenses (Theft)

Answer 14

$15 a day, up to $450 (after 48 hr)

Question 15

How much will PAP pay for a NON-OWNED TRAILER

Answer 15

$1500

Question 16

How much will PAP pay for PERSONAL EFFECTS

Answer 16

$100 (fire and lightning only)

Question 17

How much will PAP pay for NOT FACTORY INSTALLED SOUND EQU

Answer 17

$1000

Question 18

Insured is required to do: (3)

Answer 18

1. Protect auto and its equipment from further loss
2. Notify PD promptly if auto is stolen
3. Permit the insurer to inspect and appraise the damaged property before repair or disposal

Question 19

Bailee

Answer 19

Person or business entrusted with care of personal property belonging to others

Question 20

How long can PAP cover a Loss Payee

Answer 20

10 Days

Question 21

How long after a person notifies their insurer can a suit be brought if their belief is that the prospective defendant is a UM?

Answer 21

60 Days

Question 22

How many days before cancelation should the insurer notify the insured?

Answer 22

15 days prior to cancellation for non-payment. 60 days for all other reasons

Question 23

Pro-rata

Answer 23

Insurance company returns unearned premium

Question 24

Short Rate

Answer 24

Insured cancelled policy before expected expiration. Insurer pays back unearned premium-admin fee

Question 25

Non-Renewel notice

Answer 25

60 days before end of policy

Question 26

Extended Transportation Expenses

Answer 26

Auto out of service 24 hr. but not for theft