Pap- Perosnal Auto Policy

Front 1

Named Non-Owner coverage is used to:

Back 1

Cover an individual's use of autos when he does not own an auto.

Front 2

UM coverage payments would be reduced by recoveries from which of the following coverages?

Back 2

Auto medical payments; disability insurance; workers compensation.

Front 3

An insureds possibilities in purchasing UM coverage are;

Back 3

Reject Coverage; purchase "unstacked UM"; buy UM in a limit less than the BI liability limit.

Front 4

Sam has a business auto policy with section IV- physical damage written with a $250 deductible on comp. and a $500 deductible on collision. Sam runs into a tree limb destroying his windshield. The cost to replace the windshield is $680, his policy will pay:

Back 4

$680. Florida says no deductible applies. Any other glass would be subject to the comp. deductible.

Front 5

Under the business Auto policy, transportation expense reimbursement is:

Back 5

Included for private passenger only.

Front 6

A Business Auto policy extends automatic liability coverage to trailers with a maximum load capacity of:

Back 6

2,000 lbs

Front 7

For PIP, the owner of a motor vehicle is the:

Back 7

One who holds the legal title; debtor in possession; one who leases with the option to purchase; one who leases for 6 months.

Front 8

An individual injured in an automobile accident has PIP with a $1,000 deductible. If the individual is injured by an at fault driver and suffers $8,000 in medical expenses, how much could they seek to recover in a tort claim?

Back 8

$2,400. Example.
$8,000 - $1,000= $7,000
$7,000 x 80%= $5,600

Injured can seek difference in a tort claim.

Front 9

If the extended PIP endorsement is purchased, it will:

Back 9

Increase medical to 100% and income loss to 80%. NOTE: the increases apply to named insured and family members, not to others covered by the PIP.

Front 10

What is the appropriate order for which the following policies would pay, if all applied to a single injury?

Back 10

WC; PIP; Med Pay

Front 11

Nonresidents must comply with the Florida No Fault Law:

Back 11

If their auto is in Florida over 90 of the last 365 days.

Front 12

Under FL PIP, an insured who has a $1,000 deductible and suffers $9,000 in medical expenses will recover:

Back 12

$6,400

$9,000 - $1,000= $8,000
$8,000 x 80% = $6,400

Front 13

The penalties for failure to comply with the Florida No Fault law are:

Back 13

Loss of tort immunity; personal liability for PIP benefits; suspension of drivers license and auto registration.

Front 14

Melvin has PAP with Part D- Damage to your auto deductible of $250 for collision and $100 for other than collision. If Melvin runs into a large cow and has $2,950 damage to his auto, his part D coverage will pay:

Back 14

$2,850 - Other than collision deductible applies.

Front 15

John has three autos insured with "stacked" UM coverage in the amount of $100,000. John is driving Tim's auto which has $50,000 UM coverage and has an accident in which the other party is negligent. What is the maximum John might collect under UM?

Back 15

$350,000

Front 16

An insureds medical payments coverage are:

Back 16

Primary in the owned auto/excess in the non-owned auto.

Front 17

Jeff has an accident in which he is not at fault, while driving his friends auto. Friend's policy has no med. Pay. Jeff has a PAP with $5,000 per person medical payments coverage. If Jeff has $2,200 in medical expenses, how much will his PAP pay? (ignore PIP).

Back 17

$2,200

Front 18

Pam and her friend Mari are injured in an automobile Accident in Pam's car. Pam was at fault. Pam has a PAP with medical payments of $2,000 per person. If Pam has $1,400 in injuries and Mari has $2,200 in injuries, how much will the PAP pay? (Ignore PIP).

Back 18

$3,400

Front 19

Eliana has a PAP with liability limits of 10/20/10. If she has an accident and is found to be negligent, how much would her policy pay for injuries to Adam of $4,000, Cassie of $12,000 and to Ally's automobile in the amount of $8,000?

Back 19

$22,000

Adam: $4,000
Cassie: $10,000
Ally's auto: $8,000

Front 20

Al has a PAP with liability limits of $100,000. If she has an accident and is found to be negligent, how much would her policy pay if there was a $120,000 judgement and $32,000 in defense costs?

Back 20

$132,000. $100,000 limit plus $32,000 defense costs.

Front 21

Under PAP "Your Covered Auto" includes which?

Back 21

Any trailer you own.

Front 22

All of the following vehicles are eligible for coverage under a PAP EXCEPT:

Back 22

Vehicle leased for 4 months.

Long term least must be at least 6 months.

Front 23

Debbie's Garage has Garage Insurance with $500,000 in liability coverage. Todd, one of Debbie's mechanics repairs the breaks on a customer's car. The brakes fail as a result of Todd's negligence and the following damages result:
Repair brakes: $500
Customer's auto: $4,700
Auto struck customer:$6,400
Passenger in auto: $9,000
How much will Debbie's Garage policy pay?

Back 23

$20,000 -$100 deductible on customer's auto damage by work performed. Policy excludes paying for repair of Todd's negligently done brake job.

Front 24

Geoff's car lot has Garage Insurance with section IV physical damage limit of $100,000. If Geoff has a $33,000 coverage loss, and his total values on hand at the time of the loss were $150,000, how much would be recovered?

Back 24

100,000= 10
-------------------
150,000= 15

10 = 2/3 of $33,000= $22,000
----
15

Front 25

In Mechanical Breakdown insurance, the policy terms are:

Back 25

New Car: 36 months/36,000 mi

Used Car: 12 months/ 12,000 mi

Front 26

In Florida, Medical Payments will pay:

Back 26

Excess benefits above the PIP payment.

Front 27

Garage Insurance policies are a combination of which policies?

Back 27

General liability and auto

Front 28

John takes a test drive in a vehicle that belongs to Don's New Cars, Inc. John has a PAP with 50/100/25 limits and Don's Garage liability limit is 1 million. If John has an at fault accident , his liability protection will be:

Back 28

PAP only. Garage policy excludes John if he has 10/20/10 limits or more.

Front 29

A broad form products endorsement to a garage insurance policy provides:

Back 29

Coverage if the insured's product is damaged by the insured's negligence.

Front 30

A broad form products endorsement to a garage insurance policy provides:

Back 30

Coverage if the insured's product is damaged by the insured's negligence.

Front 31

Florida's Financial Responsibility Law is triggered by:

Back 31

An accident involving bodily injury; an accident where the property damage makes the vehicle inoperable; committing felony with auto.

Front 32

If the financial responsibility requirements do not meet at the time of the accident, all of the following conditions must be met to avoid penalties:

Back 32

Satisfy all legally valid claims up to 10/20/10; certify compliance with financial responsibility using an SR-22; maintain proof of financial responsibility for 3 years.

Front 33

Liability coverage through the Florida JUA is available to a maximum amount of:

Back 33

100/300/50

Front 34

In Mechanical breakdown insurance, the rental reimbursement provision provides:

Back 34

$15.00 a day/$75.00 Max

Front 35

Andy has a Mechanical Breakdown Insurance and has a covered breakdown. He incurs the following costs;
towing- $125
Repair of damage part: $1,250
Tune-up: $200.00
Assuming adequate coverage applies and no deductible, the MBI will pay?

Back 35

$1,250

Front 36

All of the following are correct when it comes to "supplementary payments" in a PAP:

Back 36

Bail bond cost up to $250; appeal bond or release of attachment bond premiums; interest on judgements.

Front 37

When is the named insured not entitled to the benefit of PIP?

Back 37

Injured outside of Florida while a pedestrian by any motor vehicle.

Front 38

Exceptions to the no-fault tort exemption for general damages are;

Back 38

Permanent loss of bodily injury function ; permanent injury other than scarring or disfigurement; significant permanent scarring or disfigurement.

Front 39

The PAP coverage that provides the insured coverage for BI for a claim against another driver who has no liability insurance or liability less than the insured's injuries, is called:

Back 39

Uninsured Motorist

Front 40

How do Workers Compensation benefits apply when work related injuries are also covered by PIP?

Back 40

PIP excess over WC

Front 41

The basic dollar limit on Part D- damage to your auto is:

Back 41

No dollar limit (ACV)

Front 42

All of the following are people eligible for a PAP:

Back 42

Individuals; related persons; unrelated persons who reside together: NOTE: partnerships are NOT eligible.

Front 43

How does auto medical payments apply to injuries that are also covered by WC benefits?

Back 43

MP excludes coverage if WC available.

Front 44

An individual who is furnished an auto but does not own an auto can secure PIP through which endorsement?

Back 44

Named Individuals- Broadened PIP

Front 45

An endorsement to the BAP in which named persons are covered for use of autos they do not own, is called:

Back 45

Drive Other Car Coverage

Front 46

The way that the protection of Garagekeepers Insurance may be written are:

Back 46

Direct (liable or not ) excess over "customer's" coverage; Direct (liable or not) primary coverage; legal liability.

Front 47

Under the PAP medical payments are paid for what period of time after accident?

Back 47

3 years

Front 48

To what extent does Part D- Damage to Your Auto, cover non-owned autos?

Back 48

Same as broadest of your covered auto's on excess basis.

Front 49

What is the coverage for trailers under PAP Part D- Damage to Your Auto?

Back 49

$500 non-owned trailers.

Front 50

The PAP endorsement that modifies the PAP to cover Named Insured and/or a family member for autos furnished for regular use; all types non-owned autos used in business; non-owned autos used to carry people, property for fee is called;

Back 50

Extended Non Owned Coverage

Front 51

The PAP endorsement that provides Liability, MP and UM for named individual who does not own automobile is called:

Back 51

Named non-owner coverage

Front 52

The endorsement that allows the PAP to cover various types of equipment such as motorcycles, golf carts is called:

Back 52

Miscellaneous type vehicle

Front 53

Explain the scope of coverage under Liability in the Garage Coverage form as regards to rented autos:

Back 53

Only autos rented to customers whose cars are left for service or repair are covered.

Front 54

What are the ways that blanket coverage for physical damage on dealer's risks may be written?

Back 54

Reporting and Non-Reporting

Front 55

Under Garage Coverage Form Physical Damage exclusions that apply to dealer's blanket coverage are:

Back 55

Expected profits are excluded; loss at a new, undeclared location after 45 days is excluded; loss due to trick or scheme is excluded.

Front 56

Under Garage Coverage Form Physical Damage exclusions that apply to dealer's blanket coverage are:

Back 56

Expected profits are excluded; loss at a new, undeclared location after 45 days is excluded; loss due to trick or scheme is excluded.

Front 57

The Garage Coverage Form endorsement that covers for loss of owned auto due to trick or scheme or form acquisition of an auto where the title is not legal, is called:

Back 57

False Pretense

Front 58

PAP Part D- Damage to Your Auto exclusions apply primarily to:

Back 58

Equipment

Front 59

Jim has Truckers Coverage Form. While hauling a load of reprocessed hay in Betty's borrowed truck he had an accident and he and Betty are sued. Jim's Truckers Coverage Form will defend:

Back 59

Jim and Betty

Front 60

Betty sues Jim for damage to Betty's trailer, which was also damaged, due to Jim's negligence. If Jim has a trailer interchange coverage, the policy will pay for:

Back 60

Damage to Betty's trailer