Auto Policy

Front 1

total private passenger auto premiums

Back 1

$163,542,578,000

Front 2

proportion of property and liability insurance premiums

Back 2

35.2%
with commercial auto over 40%

Front 3

leading writers of the personal auto policy

Back 3

state farm
allstate ins

Front 4

next five auto writers (PAP)

Back 4

geico
progressive
farmers
liberty mutual
USAA

Front 5

market share of the top 10 + (PAP)

Back 5

68+%

Front 6

Personal Auto Policy characteristics

Back 6

package policy
strict eligibility rules

Front 7

Personal Auto Policy
package policy

Back 7

part a
part b
part c
part d

Front 8

Personal Auto Policy
part a

Back 8

liability

Front 9

Personal Auto Policy
part b

Back 9

medical payments

Front 10

Personal Auto Policy
part c

Back 10

uninsured motorists

Front 11

Personal Auto Policy
part d

Back 11

damage to your auto

Front 12

Personal Auto Policy
strict eligibility rules

Back 12

ownership and vehicle

Front 13

Personal Auto Policy
strict eligibility rules ownership

Back 13

individuals
(includes proprietorship)
husband and wife
vehicles leased for more than 6 months
2 or more relatives in the same household (siblings [endorsement- some companies are flexible with this])

Front 14

Personal Auto Policy
strict eligibility rules vehicle

Back 14

private passenger autos, pick ups, and vans (non business utility)
utility farm
trailers
others endorsed including motorcycles golf carts, snow mobiles

Front 15

Personal Auto Policy
utility farm

Back 15

made for road activity pick up without back rack not tractors

Front 16

Personal Auto Policy
motorcycles

Back 16

some will write motorcycles on PAP others ownt and will write the basic auto policy specialize in motorcycles and motorhomes

Front 17

Personal Auto Policy
definition of "your covered auto"

Back 17

owned, declared vehicles
newly acquired vehicles
trailers
temporary substitutes

Front 18

Personal Auto Policy
YCA newly acquired vehicles

Back 18

replacement- # stays the same (trade in)
additional- # increases

Front 19

Personal Auto Policy
YCA temporary substitutes

Back 19

driving because one of the listed owned and declared vehicles is in for repair or service (not vacation rental)

Front 20

Personal Auto Policy
Coverage for newly acquired vehicles Replacement

Back 20

coverage A, B, C equal to best on any current auto

Coverage D for 14 days if it covers any existing vehicle otherwise 4 days

Front 21

Personal Auto Policy
coverage for newly acquired vehicles Additional

Back 21

Coverage A,B,C equal to best on any current auto for 14 days

Coverage D for 14 days if it covers any existing vehicle otherwise 4 days

Front 22

Personal Auto Policy
Liability Coverage -part A

Back 22

cover bi and pd
includes defense expenses
includes supplementary payments
choice of limits

Front 23

Personal Auto Policy
Liability coverage part a
choice of limits

Back 23

split limit
single limit

Front 24

Personal Auto Policy
liability coverage part a
split limit

Back 24

10,000/20,000/15,000
10,000-BI per person per occurrence
20,0000 BI all persons one occurrence
15,000 PD one occurrence
might force one to get with a bad driving record

Front 25

Personal Auto Policy
liability coverage part a
single limit

Back 25

all BI and PD once occurrence
higher number to one person and higher number for PD
always better t

Front 26

PAP liability coverage
who's an insured?

Back 26

named insured and family members- driving ANY vehicle EXCEPT: (fewer than 4 wheels, furnished and available to named insured or family member, no reasonable belief)
others driving YCA
Those vicariously liable (act of an insured, act of an insured not YCA and does not give protection to the owner)

Front 27

PAP liability coverage
licensed/permission

Back 27

no requirement

Front 28

PAP liability coverage
A8 exclusion purpose

Back 28

to exclude theft of vehicles
"reasonable belief"

Front 29

PAP coverage

Back 29

follows car

Front 30

PAP liability coverage
others driving YCA

Back 30

give keys, have reasonable belief
primary and excess

Front 31

PAP liability coverage
exclusions

Back 31

intnetional BI/PD
PD to property owned or being transported
PD to property rented to used by or in care of an insured
BI to an employee
Public or Lively conveyance
auto business
any other business except farming
nuclear liability
racing or speeding contest in a facility or prearraganged comp or practice
transporting persons or property for a fee
**READ POLICY**

Front 32

PAP liability coverage
provisions

Back 32

Limit of liability- no stacking
no duplication with other PAP benefits
out of state coverage
over insurance

Front 33

PAP liability coverage provisions out of state coverage

Back 33

financial responsibility requirements
required first party benefits (FL PIP)

Front 34

PAP liability coverage
no "stacking"

Back 34

no matter how many people/vehicles only one time

Front 35

PAP medical payments part b
coverage

Back 35

covers medical payments and funeral expenses for three years

Front 36

PAP medical payments part b
covers medical payments and funeral expenses for

Back 36

named insured and family members who
-are occupying a motor vehicle
-as a pedestrian struck by an auto
for others occupying YCA

Front 37

PAP
pedistrian

Back 37

anyone on foot

Front 38

PAP medical payments part b
exclusions

Back 38

vehicle fewer than 4 wheels
public or lively conveyance
WC (giveback)
owned or furnished or available vehicle other than YCA
no reasonable belief
business vehicles (unless PAP eligible)
racing or speed contest

Front 39

PAP uninsured motorists part c
coverage

Back 39

cover BI ONLY for covered persons
some (few) states allow it for PD

Front 40

PAP uninsured motorists part c
definition of uninsured motorists

Back 40

no BI liability insurance
BI liability limits lower than required in state
hit and run vehicles
insolvent insurer

Front 41

PAP uninsured motorists part c
hit and run

Back 41

1/2 of states require actual physical contact because of so much insurance fraud

Front 42

PAP uninsured motorists part c
covered persons:

Back 42

named insured or family members
other persons occupying YCA
other persons entitled to recover for BI (wife cause husband cant make income to BI)

Front 43

PAP uninsured motorists part c
stacking

Back 43

may be an issue
defies limit of liability
required to offer in FL

Front 44

PAP uninsured motorists part c
exclusions

Back 44

owned vehicle with no UM coverage
public or lively conveyance
no reasonable belief
WC
Punitive Damages

Front 45

uninsured motorists overage

Back 45

BI only
at fault driver is financially responsible
BI exceeds at fault drivers coverage limitis
(carrying mininum coverage required but not enough)

Front 46

PAP damage to your auto part d
insuring agreement

Back 46

direct and accidental loss
from
pays transportation expenses associated with a covered loss
includes temporary replacement or loss of use non owned auto

Front 47

PAP damage to your auto part d
direct and accidental loss to:

Back 47

YCA
non-owned autos (includes temporary substitutes, where vaca rentals are included)

Front 48

PAP damage to your auto part d
from:

Back 48

must elect one or both
collision
other than collision

Front 49

PAP damage to your auto part d
collision

Back 49

collision
upset
over turn

Front 50

PAP damage to your auto part d
other than collision

Back 50

comprehensive
fire, lightening, theft (all/part) etc

Front 51

PAP damage to your auto part d
temporary replacement or loss of use of non-owned auto

Back 51

up to $20 per day
$600 max
24- 48- hour waiting period
(48 hour deductible)

Front 52

PAP damage to your auto part d
exclusions

Back 52

public or lively conveyance
wear,tear, freezing, etc (certainties)
loss to governmental or civil authority
auto business
racing
sound equiptment not "permantently installed" and all sound media
other electronic equiptment except monitoring systems (computer sensors)
undeclared trailers
radar dectors
custom furnishings

Front 53

PAP damage to your auto part d
provisions

Back 53

losses paid in acv
appraisal provision

Front 54

PAP damage to your auto part d
losses paid in acv

Back 54

l500 limit on non owned trailers
1000 limit on non standard sound equiptment

Front 55

Other PAP provisions

Back 55

duties after loss or accident
policy period and terroritory
termination

Front 56

other PAP provisions
termination

Back 56

non renewal
cancellation

Front 57

reasons for termination (PAP)

Back 57

not paying premium
loss/suspension of named insured or any family members

Front 58

cancellation

Back 58

during the policy period

Front 59

nonrenewal

Back 59

after the policy period
in FL 45 days notice

Front 60

FL PIP

Back 60

personal injury protection

Front 61

FL PIP coverage

Back 61

modified no fault insurance plan
must exceed verbal thershold to sue for pain and suffering
insured recieves tort immunity for amounts payable by PIP
mandatory for ALL private passenger autos in FL

Front 62

modified no fault

Back 62

first party benefits from your own then if pass the threshold can sue

Front 63

qualifications for PIP verbal threshold

Back 63

significant and permanent loss of a bodily function
permanent injury
significant and permanent scarring or disfigurement (judgement call)
death

Front 64

PIP benefits

Back 64

overall $10,00 per person per occurrence
medical 80%
lost wages 60%
Replacement services 100%
accidental death $5000

Front 65

Extended PIP benefits

Back 65

overall insurer option
medical 100%
lost wages 80%
replacement services 100%
accidental death $5000

Front 66

Who's an insured for PIP

Back 66

named insured and family member
-occupying a motor vehicle
-as a pedestrian struck by a motor vehicle
other persons
-occupying YCA
-as a pedestrian struck by YCA unless insured under autp policy with PIP

Front 67

PIP pedestrian

Back 67

just not occupying a motor vehicle

Front 68

PIP vehicle definition

Back 68

motor vehicle
YCA

Front 69

PIP motor vehicle definition

Back 69

at least 4 wheels and licensed for road use
trailers
school buses (only mass transit vehicles)

Front 70

PIP YCA definition

Back 70

owned and subject to law
trailers

Front 71

PIP exclusions

Back 71

persons owning a vehicle subject to the law (here coverage does not follow the car it follows the person)
uninsured owned autos
felony exclusions

Front 72

other PIP provisions

Back 72

WC is primary (only thing)
PIP can be purchased with a deductible
PIP can be purchased without wage loss coverage
leasing companies can make the driver's PIP primary by including required wording in Lease

Front 73

Coordination of PIP and PAP

Back 73

PIP primary coverage to covereage B and C but:
coverage B pays 20% med that PIP doesnt
Coverage B pays when 10000 over limit is exceeded
coverage c pays when thershold is passed

Front 74

Policy territory for PIP

Back 74

named insured and family members occupying YCA same as PAP
named insured and family members occupying a motor vehicle owned by a family member- same as PAP
other persons or other situations FL only

Front 75

penalties for non compliance PIP

Back 75

loss of tort immunity
suspension of drivers license and vehicle registration