ch.12 endorsements

Question 1

OPCF 2

Answer 1

providing coverage when named persons drive other Automobiles

• used to prevent shortfall in coverage
• limited to named insured and spouse
• if have kids: Add OPCF27

Question 2

OPCF 4A

Answer 2

Permission to carry SPECIFIED explosives

Question 3

OPCF 4B

Answer 3

Permission to carry SPECIFIED

Radioactive material

Question 4

OPCF 5

Answer 4

Permission to rent/lease auto and extending coveage to specified Lessee’s

• provides coverage to lessee as if lessee was named insured and to anyone who uses car with lessess consent

Question 5

OPCF6A

Answer 5

Permission to carry paying passengers

Question 6

OPCF 9

Answer 6

Marine use Excluded

• excludes loss/damage occuring while auto in/on water OR during launching/landing process
• ALWAYS ADDED on ATV + Argo vehicle
• may add to snow machine in case it falls in water

Question 7

OPCF 16 *important*

Answer 7

Suspension of coverage

• suspends certain coverages for specific period of time if vehicle will not be driven during winter
• just suspends the USE
• if vehicle not driven during winter months
• also see OPCF 17 for when back on road

Question 8

OPCF 17

Answer 8

Reinstatement of coverage

• putting car back on the road after OPCF16 (suspension of coverage)

Question 9

OPCF 19A

Answer 9

Agreen value of automobiles

• for classic cars
• agree on value ahead of time

Question 10

OPCF 20

Answer 10

Coverage for transportation replacement

• at fault losses for rental
• ??? add more details later

Question 11

OPCF 23A

Answer 11

Lienholder Protection

• protection for lienholders interest in the insured vehicle
• if there is a loss and cheque is distributed, cheque made jointly to insured and lienholder

Question 12

OPCF 27

Answer 12

Liabiality for damage to NON-OWNED auto and providing other coverages when insured persons drive other auto’s

• standard to add to policy

Question 13

OPCF 28A

Answer 13

Excluded driver

• if someone in the home has a bad driving record
• specific individuals excluded from coverage under the policy (other than A+B Cov.)
  *

Question 14

OPCF 32

Answer 14

Use of recreational vehicles by unlicensed operators

• add to snowmobiles (see pg.1 of pkg + pg.4 1.4.5)
• waives compliance w/ statutory condition 4.1 (authority to drive)
• allows someone under 16 to be insured while operating such vehicle OFF public highway

Question 15

OPCF 38

Answer 15

Agreed limit for automobile electronic accessories and equipment

• for equipment added to car (customizations/ modifications)
• max $1500, unless add this?

Question 16

OPCF 43

Answer 16

Removing depreciation deduction

• ALWAYS ADDED to NEW vehicles or demo vehicles (dealership)
• waives depreciation in event of loss/damage by insured peril

Question 17

OPCF 44R

Answer 17

Family Protection Endorsement

• ALWAYS ADD
• covered if claim settlement is more then minimum ($200,000)
• will have coverage greater then the minimum (500,000 or 1,000,000)