1/13/2023 0 Comments Public or livery conveyance![]() *extended nonowned coverage-vehicles furnished or available for regular use-endorsement expands the extensive coverage automatically provided under the personal auto policy for the insured and the family while driving cars other than the insured's covered autos. (some companies issue specialized policies to cover these vehicles rather then endorsing the standard policy) *miscellaneous type vehicle-endorsement may be added to the personal auto policy to provide coverage for motorcycles, mopeds, and recreational vehicles such as motor homes and golf carts. work performed after the vehicle is taken to a garage is not covered *towing and labor costs-endorsement reimburses the insured up to the amount scheduled in the policy for towing and labor costs each time a covered auto is disabled. *joint ownership coverage-endorsement is attached, the policy can be issued to 2 or more unrelated people who live in the same household or 2 or more people who are related in another way besides being spouses the insured must notify the police if a vehicle theft occurs *under physical damage coverage, the insured must permit the insurance company to inspect or appraise the property before the property's repair or disposal following a loss. examples of bailees are repair shop owners and employees of parking garages *the non benefit to bailee condition states that a bailee cannot benefit from the insurance policy if a loss occurs to the car while it is in the bailee's possession. *collision and other than collision coverage are usually written with a deductible that applies separately to each occurrence coverage for electronic equipment that is permanently installed in an area of the car that is not normally used by the manufacturer for this equipment is limited to $1000 *the most the policy will pay for loss to a nonowned trailer is $1500. *if insurer pays for a loss in money, the payment will include the applicable sales tax for the damaged or stolen property *if insurer and insured dont agree= loss may be appraised ![]() *physical damage losses are reimbursed for actual cash value (depreciation) or the amount needed to repair or replace (same make, model, and mileage) the property, whichever is less pickup truck, trailer, or van not owned by or available for the regular use of the named insured or a family member, such as a short-term rental car or a borrowed car a nonowned auto is any private passenger auto. *if the named insured has a covered loss in a nonowned auto, the broadest coverage that applies to any of the insured's covered autos will apply to the nonowned auto. this eliminates a double deductible when glass breakage and other collision damage occur in the same accident *if glass breakage is caused by collision, the insured has the option of having it treated as a collision loss. *the list includes damage caused by the following: these perils are specifically listed in the policy as being other than collision losses. *pays almost every other type of direct, accidental loss to the vehicle that is not specifically excluded by the policy. also covers insured and family as a pedestrian insured, family, and guest passengers while occupying any vehicle (owned or nonowned) Medical payments (aka first party benefits) what if the named insured accidentally slams the car door shut on her finger and requires stitches to fix the cut? medical payment coverage would pay (up to the limits purchased) because the injury occurred while occupying (in, on, or getting in, on, out, or off of a vehicle) *coverage is payable even if there is not a car accident. any other person while occupying the named insured's covered auto(s) when struck while walking along a roadway by a vehicle designed for use on public roads or a trailer while occupying a motor vehicle designed for used on public roads or a trailer ![]() the named insured and any family member(s) *insureds coverage for medical payments coverage include: ![]() ![]() *part B covers reasonable expenses for necessary medical and funeral services incurred within 3 years of the date of the injury, regardless of fault ![]()
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