Responsibility: PAP Or Vehicle Failure
1. a. • Responsibility to cover the PAP or vehicle damage caused by personal injury and property damage to the insured. The insured also pays the insurer's legal defense costs. PAP is usually written with split limit. The division limit refers to the amount of the insured amount of the bodily injury and property loss.
• the scope of liability can be a single restriction, with the appropriate recognition policy.
Example
• Susan has a PAP liability limit of $100,000 per occurrence.
• Susan failed to stop the truck from hitting the car ahead. The bumper of the other car was $2000, and the other driver's physical damage was $3500
• since Susan has a combined $100,000 limit (CSL), total liabilities are $5500 fully insured by the insurance company. …show more content…
Medical coverage is not based on fault. Even if the insured is injured, the coverage will be protected by the insurer.
Medical expenses paid to the insured and other passengers injured in car accidents.
Example
• Sam's daughter accidentally crashed into the door of his hand, fortunately, Sam has a coverage of medical insurance with a $2000 limit on his policy.
• X light and foundry ledger is $2500. Health insurance coverage will include a $2000 bill, while Sam is responsible for the remaining $500.
c. • uninsured motorists pay for bodily injury caused by the bankruptcy of the uninsured driver, the driver of the accident, or the negligence of the driver's Insurance company.
Damages include medical expenses, lost wages and compensation for any permanent disability.
Otherwise, the insurer will not pay for the bodily injury if it is only applicable to the uninsured driver.
• the maximum liability limit for an accident will be shown on the declaration page.
The insurer will not be liable for damages if the insured is entitled to the industrial injury compensation act or the disability welfare …show more content…
It’s to know that the other driver did not have any insurance investigation
Fortunately, Derek purchased insurance driving insurance (UM or Umbi) to $25000 / $40000 and driving insurance property damage insurance limit (undifferentiated myeloproliferative disorders) to $10000 limit.
d. Part D: Coverage for damage to the auto:
• Coverage for damage to your auto protects the insured from direct physical loss to a covered 3uto or non-owned auto.
• If the declaration page includes collision or other than collision, then only the coverage effects.
• Collision loss is defined as damage to the covered auto or non-owned auto or the impact when a covered auto met with an accident with another vehicle.
• Other than collision loss is the loss or damage from missiles or falling objects, fire explosion, theft or robbery, earthquake or any explosion, windstorm, floods, malicious mischief or vandalism, glass breakage.
Example:
• James was driving down the icy road loses control of the vehicle and run into a telephone pole.
• Wade loss is defined as damage to the covered auto or non-owned auto or the impact when a covered auto met with an accident with another
• the scope of liability can be a single restriction, with the appropriate recognition policy.
Example
• Susan has a PAP liability limit of $100,000 per occurrence.
• Susan failed to stop the truck from hitting the car ahead. The bumper of the other car was $2000, and the other driver's physical damage was $3500
• since Susan has a combined $100,000 limit (CSL), total liabilities are $5500 fully insured by the insurance company. …show more content…
Medical coverage is not based on fault. Even if the insured is injured, the coverage will be protected by the insurer.
Medical expenses paid to the insured and other passengers injured in car accidents.
Example
• Sam's daughter accidentally crashed into the door of his hand, fortunately, Sam has a coverage of medical insurance with a $2000 limit on his policy.
• X light and foundry ledger is $2500. Health insurance coverage will include a $2000 bill, while Sam is responsible for the remaining $500.
c. • uninsured motorists pay for bodily injury caused by the bankruptcy of the uninsured driver, the driver of the accident, or the negligence of the driver's Insurance company.
Damages include medical expenses, lost wages and compensation for any permanent disability.
Otherwise, the insurer will not pay for the bodily injury if it is only applicable to the uninsured driver.
• the maximum liability limit for an accident will be shown on the declaration page.
The insurer will not be liable for damages if the insured is entitled to the industrial injury compensation act or the disability welfare …show more content…
It’s to know that the other driver did not have any insurance investigation
Fortunately, Derek purchased insurance driving insurance (UM or Umbi) to $25000 / $40000 and driving insurance property damage insurance limit (undifferentiated myeloproliferative disorders) to $10000 limit.
d. Part D: Coverage for damage to the auto:
• Coverage for damage to your auto protects the insured from direct physical loss to a covered 3uto or non-owned auto.
• If the declaration page includes collision or other than collision, then only the coverage effects.
• Collision loss is defined as damage to the covered auto or non-owned auto or the impact when a covered auto met with an accident with another vehicle.
• Other than collision loss is the loss or damage from missiles or falling objects, fire explosion, theft or robbery, earthquake or any explosion, windstorm, floods, malicious mischief or vandalism, glass breakage.
Example:
• James was driving down the icy road loses control of the vehicle and run into a telephone pole.
• Wade loss is defined as damage to the covered auto or non-owned auto or the impact when a covered auto met with an accident with another