Personal Auto

Question 1

Time requirement

Answer 1

atleast 6 mns

Question 2

Replacement vehicle

Answer 2

notify within 30 days
broadest coverage of any vehicles listed

Question 3

Additional vehicle

Answer 3

notify within 30 days
broadest coverage of any vehicles listed

Question 4

Misc. Endorsemrnt

Answer 4

golf cart
motorcycle
travel trailer

med pay extends to motorcycles

Question 5

Liability

Answer 5

to pay for neg of insured
pays damages to 3rd party

Question 6

Ins Agreement

Answer 6

up to policy limits

Question 7

Supplementary Payments

Answer 7

court costs, bail bonds, loss of wages, etc…

Question 8

NC minimums

Answer 8

30/60/25

Question 9

Liability covers Auto not Driver

Answer 9

Liability covers Auto not Driver

Question 10

Premium Rating Factors

Answer 10

1. Pleasure/Business use
2. Use to travel to work a) more than 10 miles b) less than 10 miles
3. Agriculture use

Question 11

MedPay facts

Answer 11

agrees to pay for med bills within 3 years of loss
typically 1k

anyone in or injured by vehicle

Question 12

Uninsured and Underinsured

Answer 12

required in NC
pays for BI and PD by un or under insured motorist

Question 13

Hit and Run only covers BI NOT PD

Answer 13

Hit and Run only covers BI NOT PD

Question 14

UN/UMI Deductible

Answer 14

$100

Question 15

UM cover BI and PD

Answer 15

UIM (under) covers BI only

Question 16

OTC

Answer 16

other than collision - comp

Question 17

Driving a non-owned auto

Answer 17

receives broadest coverage

Question 18

No Deductible in NC

Answer 18

Fire, smoke
And stranding, sinking, burning or derailment of any conveyance which the auto is being transported

Question 19

Transportation Expense (Theft)

Answer 19

$15 per day - $450 total
starts 48 hrs after theft

Question 20

Limits - Damage to Your Auto

Answer 20

non-owned trailer: 1,500
personal affects: 1,000
unlimited coverage for factory installed
permanently installed: 1,000

Question 21

Loss Payee

Answer 21

institution financing a vehicle

Question 22

Wait 60 days for UM/UMI

Answer 22

Wait 60 days for UM/UMI

Question 23

Notice Time to Cancel Coverage

Answer 23

at least 15 days for non payment of premium
60 days for all other reasons

Question 24

Pro-rata

Answer 24

comp cancels policy

Question 25

Short-rate

Answer 25

insured cancels policy

Question 26

Non-renewal

Answer 26

mail notice to insurer - 60 days prior to end of policy period (liability, medpay, and UM, and UIM)
10 days for other coverage

Question 27

Other Coverage

Answer 27

Towing and Labor

Extended Transportation (rental)
-24hrs later
-$15/$450
-$30/$900
-$50/$1,500

Question 28

Extended Non-Owned Auto

Answer 28

company car

Question 29

Extended Customized Equiptment

Answer 29

200 deductible