Personal Auto

Question 1

Personsonal Auto Policy PAP

Answer 1

Part A - BI & Property Damage to liability (split or single)
Part B -Med Pay ($500 - $5000)
Part C - Un - under insured motorist (covers bI for what would be owed)
Part D - Damage to your Auto

Question 2

Part A Auto (BI Prop damage others)

Answer 2

• 10/20/10 or 30,000 basic limit
• Those covered Family and Borrowers
• New car GOT 14 DAYS!
• Supplementary payments - bail Bond $250, interest on jedgments, loss of pay $200 a day court hearings

Exclusions

• any stuff you own or have CCC
• employees (house person OK)
• Anyone who USES auto without permission

Question 3

Part B Auto - MedPay

Answer 3

limits $500 - $5000

Covered 
    - Insured
    -Family memb in any motor or as pedestrian in 
     territorial limt
    -passenger in your auto

Excluded

• Motorcycles
• Non - owned regulary furnished
• Use of auto without permision

Question 4

Part C Auto (un motorist)

Answer 4

Covers their BI if other person does not have it

Basic Limit $20,000 or 10/20 (can reject or increase)
Coverage is stacked

Covered

• insured
• family
• passengers

eliglble

• hit run
• uninsured
• under insured (excess)
• driver with insolvent carrier

Settled

• by agreement
• arbitration
• suit if insurer wont arbitrate

Question 5

Part D (damage your car)

Answer 5

Covers

• your car
• new car 14 days (get broadest
• non owned auto ($1500 for non owned trailers)
• OTC - (Glass, theft, falling object, running in animal)
• no deductible for windshield
• Transportation expense (24hr after loss - 48 hr theft; $20 a day $600 max)

Excludes

• electronics
• customizing equipment
• wear and tear

Endorsements

• Toe help $25 - $100
• Tape, CB
• extended non owned (adds regularly furnished)
• Miscellaneous vehicle
• extended PIP
• additional PIP

Question 6

Florida Automobile insurance Cancellation Law

Answer 6

First 60 days
Company - any reason other than discrimination

Insured - Total loss, transfer, purchase mandatory elswhere

After 60
company - non payment, fraud/misrepresentation, suspended driver license or revoked

Insured - any reason

Notice - 10 days nonpayment 45 all other
renewal 45 days or 10 non pay

Question 7

Florida No Fault Law

Answer 7

Applies only to BI for:

“Defined Motor Vehicles” (self prop, 4 wheels, require license include trailers and semi)

Exceptions - mobile homes, taxis/limo, gov owned more 5 person

PIP PIP PIP - is the coverage under no fault

PIP- is mandatory for all defined motors

Required to have ( family, residing relatives, non residents cars in FL 90days out of 365)

If Not - you lose exemption from tort liability and are personally liable for benefits under act, license suspended and car registration

Question 8

PIP Personal Injury Protection

Answer 8

Covers

• Medical - 80% medical surgical , dental
• Disability - 60% loss of income, 100% household service (law guy)
• $5,000 Death Benefit

Limits

• $10,000 per person, per accident, in addition $5K death
• No limit per accident; reduces amount recoverable in tort

Deductible
$250, $500, $1000

Excludes yourself, family, self injury, commiting crimes, operating without owners consent

***Insured exempt from lawsuit in tort for non-economic loss; except SERIOSLY MESSED UP OTHER PERSON have to cross the THRESHOLD

***if hurt by someone who doesnt have to have it…sue freely

Question 9

Financial Reponsibilty Law

Answer 9

If you mess up and dont have insurance you get FJUA Florida Joint Underwrting Association min 10/20/10 or max 100/300/50 because you are a dumb ass. DUI 100/300/50

***you might be forced to pay 10/20/10 when no insurance and in accident

Question 10

Mecanical Breakdown

Answer 10

covers

• engine
• steering assembly
• trans
• from suspension
• A/C

Term
New 36 months/36,000 ( 3 yrs)
Used Car 12 months/12,000 (so year)

Rental reimbursment $15 day $75 max (5 days)

Excludes

• lack of maintenace
• coverage provide in other policy
• towing, road service tune-ups
• racing
• carring passenger
• altering odometer
• Seals, oil fewon
• storage

10 day s non pay 45 day all other
territory same as any auto

Question 11

liability for bodily injury or property damage insured use of non-owned auto is

Answer 11

is excess

Question 12

liability coverage in PAP

Answer 12

extends to not licensed diver with permission

Question 13

Lease vehicle eligible if

Answer 13

leased 6 months

Question 14

vehicles that are not uninsured vehicles

Answer 14

company cars, self-insured, operate on rails or crawler treads, off-road vehicles, and those used as a residence.