Selected Endorsements Flashcards
Liability & medical payments purchased by ____ require an extra premium
Extended Non-owned coverage for a named individual
Covers non-owned autos furnished for the regular use of the insured
Extended non-owned coverage
An endorsement that provides payment for towing or labor of a vehicle
Towing & labor costs coverage
Which of the following is NOT a
miscellaneous type vehicle?
Motorcycle ATV Snowmobile Dune buggy Golf cart
Snowmobile
An endorsement that provides coverage for individuals who don’t own vehicles, but often rent autos
Named non-owner coverage
An endorsement that provides coverage for electronic equipment that’s permanently installed in the vehicle
Excess electronic equipment coverage
Excess electronic equipment coverage increases the policy limit from ____ to ____
$1,000
The amount shown on the endorsement
Excess electronic equipment coverage includes ____ coverage for tapes, records, discs, etc.
$200
An endorsement that provides coverage on an excess basis for losses that occur in Mexico & within 25 miles of the U.S. border
Limited Mexico coverage
Limited Mexico coverage only applies if ____ is in place & was issued by ____
Existing liability insurance
A licensed Mexican insurance company
An endorsement that is used when the insured wishes to increase the liability limit of transportation expenses
Optional limits transportation expenses coverage
An endorsement that amends the definition of “you” & “your” to refer to 2 or more individuals
Joint ownership endorsement coverage
2 or more persons related by blood, marriage, or adoption, who reside in separate households
Non-resident relatives
Limited Mexico coverage does NOT apply if trip to Mexico is more than ____ days long
10
True or False
Limited Mexico coverage does NOT apply to citizens of Mexico
True