Which of the following would not be eligible for coverage under a personal auto policy?

Which of the following would not be classified as personal property for insurance purposes?

Which of the following would NOT be classified as personal property for insurance purposes? A house. The purpose of a stated value contract is: To per-establish the amount of coverage available for property items that are difficult to value.

Which of the following perils is normally excluded from coverage in a personal auto policy?

Damage from wear and tear, freezing and mechanical breakdown, and electrical breakdown (unless resulting from total theft of the auto) are excluded.

Which of the following coverages under the personal auto policy protects the insured against drivers who do not have adequate auto liability insurance limits?

Which of the following coverages under the Personal Auto Policy protects the insured against drivers who do not have adequate auto liability insurance limits? Underinsured Motorist Coverage -- Uninsured Motorists Coverage applies only when the at-fault driver is uninsured.

What are the three major parts of a personal auto policy?

Which of the following is covered under the uninsured motorist coverage of a personal auto policy PAP )?

The Uninsured Motorists Coverage will cover the insured if they suffer damages from uninsured motorists, which are defined as drivers without insurance, drivers with less than the required minimum, hit-and-run drivers, and drivers insured by insolvent insurance companies.

What are the four parts of a personal automobile policy?

Part A—Liability coverage. Part B—Medical payments coverage. Part C—Uninsured motorists coverage. Part D—Coverage for damage to your auto.

Which of the following vehicles is considered a temporary substitute auto under a personal auto policy?

The definition of "Temporary substitute auto" is changed to: "Temporary substitute auto" means an automobile, farm auto, trailer or vehicle, not owned by you, temporarily used with the permission of the owner.

Which of the following is a feature of the personal automobile policy PAP )?

The personal auto policy (PAP) is a standardized design for auto insurance. These policies offer coverage for liability, medical payments, damage to the vehicle and damage from uninsured/underinsured motorists.

Which of the following coverages of a personal automobile policy provides collision and other than collision coverage?

Comprehensive coverage covers damages to your vehicle in certain situations. It's sometimes referred to as "other than collision" coverage.

Which of the following would not qualify as a hired auto?

The definition of hired autos does not include any auto you lease, hire, rent or borrow from any of your employees. It also excludes vehicles you lease, hire, rent or borrow from any of your partners (if you are a partnership), members (if you are a limited liability company) or members of their households.

Which of the following personal auto coverages would pay for the insured's travel expenses and loss of earnings while involved in the settlement process of a covered loss?

Which of the following personal auto coverages would pay for the insured's travel expenses and loss of earnings while involved in the settlement process of a covered loss? Liability coverage.

Which of the following coverages is automatically included in a basic auto policy?

While different states mandate different types of insurance and there are several additional options (such as gap insurance) available, most basic auto policies consist of: bodily injury liability, personal injury protection, property damage liability, collision, comprehensive and uninsured/underinsured motorist.

Which of the following is considered supplementary payments on a personal auto policy?

Supplementary payments are normally defined to include such items as first aid expenses, premiums for appeal and bail bonds, pre- and post-judgment interest, and reasonable travel expenses incurred by the insured at the insurer's request when assisting in the defense of a claim.

What exclusions are in personal auto policy?

Your PAP excludes all coverage - liability, uninsured / underinsured motorist, medical payments and physical damage - if your vehicle is: Used as a public or livery conveyance (the public pickup and delivery of people - like a taxi cab, limo or shuttle; or goods - like a public delivery or freight company).

What are exclusions in an auto insurance policy?

An excluded driver is a person in your household who has been explicitly excluded from coverage under your car insurance policy. Their name will show as "excluded" on your policy, and they won't be insured to drive any vehicles on your policy.

What is excluded in insurance?

Exclusion — a provision of an insurance policy or bond referring to hazards, perils, circumstances, or property not covered by the policy. Exclusions are usually contained in the coverage form or causes of loss form used to construct the insurance policy.

What considered personal item?

What are the 4 types of personal property?

Tangible personal property includes physical objects such as vehicles, furniture and household goods, while intangible personal property includes things like stocks and bonds, as well as intellectual property such as patents and copyrights.

Which of the following is considered to be personal property?

Basically, personal property is any property that is not real property. Personal property is not permanently attached to land. In most cases, it is moveable and does not last as long as real property. Personal property includes vehicles, farm equipment, jewelry, household goods, stocks, and bonds.

Which of the following perils is covered under the personal umbrella?

Which of the following perils is covered under the Personal Umbrella? B Personal injury perils are covered under the Umbrella policy, and will drop down to cover from the first dollar if personal injury coverage is not covered on the primary policy.