Auto Chapter 6 Flashcards
1
Q
how many days to have to inform insurers about a newly acquired automobile
A
14 days (automatic defaults to lowest liability and highest deductible)
2
Q
when using a temporary substitute auto what is the order of insurers used in a claim
A
when same deductible: 1. primary insurer- owne of TSAr 2. driver pays the deductible. When TSA has higher deductible, their deductible is paid by the driver who pays their deductible and the insurer covers the rest of the deductible.
drivers insurance will pay if it is all fault and TSA does not have collision
3
Q
if you borrow your friend’s 5 ton truck, would you have coverage under the other automobiles section of your owner’s policy?
A
no, has a weight max of 4,500kg
