RIBO

Question 1

the purpose of this endorsement is to expand on the definition of “insured person” for the purpose of third party liability when operating non- owned or other auto mobiles.

Answer 1

OPCF 2 Drive Other Automobiles

Question 2

A person who wants coverage when operating a government owned automobile would add this endorsement

Answer 2

OPCF 3 Government Owned Automobiles

Question 3

used to grant permission for the insured to use the automobile for purposes otherwise excluded under the policy

Answer 3

OPCF 4 Permission

Question 4

when an automobile owner carries passengers for compensation or hire, it usually mean a higher chance of loss because the vehicle is on the road more they need this endorsement

Answer 4

OPCF 6 Passenger Risk

Question 5

an insured may wish to have a deductible for property damage losses under third party liability coverage or it may also be imposed at the insures request to minimize small property damage claims for which the named insured may be responsible

Answer 5

OPCF 8 Property Damage Reimbursement

Question 6

used for vehicles that can go from on land to water

Answer 6

OPCF 9 Amphibious Vehicle

Question 7

restricts glass coverage

Answer 7

OPCF 13 Restricting Glass

Question 8

one is used to suspend coverage for a short period of time and the other is used to reinstate coverage

Answer 8

OPCF 16 and 17

Question 9

used when the ACV exceeds the rating values used the ACV should take in to account all equipment attached to the vehicle it limits what will get paid out in case of total loss

Answer 9

OPCF 19 Amount Paid

Question 10

provides coverage for loss of use of the insured automobile by theft up to a maximum amount per day and an overall maximum

Answer 10

OPCF 20 Coverage for Transportation Replacement

Question 11

this is used when you are responsible for carrying other people and their belongings it protects you from liability of damage to other peoples belongings

Answer 11

OPCF 22 Damage to property of passengers property

Question 12

protects the financial interest of mortgagees and lien holder regardless if the insured breaches a condition on the policy ( illegal activities etc.)

Answer 12

OPCF 23 Mortgagees and Lien holders

Question 13

used for making changes to policy info, does not get used in the real world changes are just made

Answer 13

OPCF 25 Alteration

Question 14

provides legal liability protection for physical damage to a non owned automobile for the named insured

Answer 14

OPCF 27 liability for damage to non- owned vehicles

Question 15

used to exclude specific people from a policy or restrict coverage

Answer 15

OPCF 28 and 29

Question 16

used for snowmobiles and ATVs off public highways

Answer 16

OPCF 32 Motorized recreational vehicles

Question 17

covers insureds for emergency services when their car breaks down

Answer 17

OPCF 35 Emergency road side

Question 18

endorsement that extends deductible under all perils

Answer 18

OPCF 40 Fire Deductible

Question 19

waives depreciation on new vehicles

Answer 19

OPCF 43 Removing Deprecation Deductions

Question 20

Protects you in other provinces where only the provincial liability minimum applies, this endorsement ensures you can rely on your coverage anywhere in the country except Quebec

Answer 20

OPCF 44 family endorsement