Hired autos - Study guides, Class notes & Summaries

Commercial Casualty II – CISR Questions 2023/2024 UPDATE with all Answers 100% GRADED A+ In BAP what does liability section provide protection from claims for? - ANS Bodily Injury and Property Damage for which insured is legally responsible for. In BAP physical damage section what type of protection? - ANS provides coverage for damage to or loss of an insured's covered auto. What other BAP coverages can be added by endorsement? - ANS Medical payments personal injury protection uni...

In BAP what does liability section provide protection from claims for? - Bodily Injury and Property Damage for which insured is legally responsible for. In BAP physical damage section what type of protection? - provides coverage for damage to or loss of an insured's covered auto. What other BAP coverages can be added by endorsement? - Medical payments personal injury protection uninsured/underinsured motorist bodily injury and/or property damage losses List all BAP Coverage Exposures?...

KY P&C Licensing Exam - Supplemental Information Already Graded A+ - Legal Duty Owed - Breach of Legal Duty Owed - Proximate Cause - Damages To establish negligence (in insurance), the following four factors must ALL be involved: (Insurance Carried / Insurance Required) x Amount of Loss = Amount of Reimbursement The formula for Proportional Replacement Cost is ____. 1 - Any Auto (Commercial Auto) Symbol ____: - Any auto the insured will use during the policy period, including autos tha...

In BAP what does liability section provide protection from claims for? - correct answer Bodily Injury and Property Damage for which insured is legally responsible for. In BAP physical damage section what type of protection? - correct answer provides coverage for damage to or loss of an insured's covered auto. What other BAP coverages can be added by endorsement? - correct answer Medical payments personal injury protection uninsured/underinsured motorist bodily injury and/or property da...

NJ Casualty Questions and Answers Graded A+ Commercial general liability comes in 2 forms: occurrence and ______ claims-made includes the ownership, maintenance, or use of the insured's premises and all business operations, excluding the exposures included in the products and completed operations hazard Premises and Operations hazard includes injuries or damage that occur after the insured has completed its job and left the site, or relinquished control of a product it manufactur...

The Personal Auto Policy (PAP) A policy that combines liability insurance with other optional coverages PAP Policies can cover -Individuals and residing family members -People driving car with owner's permission -Four-wheeled vehicles under 10,000 lbs *Insurable interest is required Previous Play Next Rewind 10 seconds Move forward 10 seconds Unmute 0:00 / 0:15 Full screen Brainpower Read More PAP Policies will indemnify for: -Property Damage -Personal Injury ...

Commercial Casualty II – CISR Exam Questions and Answers 100% Pass In BAP what does liability section provide protection from claims for? - Correct Answer ️️ -Bodily Injury and Property Damage for which insured is legally responsible for. In BAP physical damage section what type of protection? - Correct Answer ️️ - provides coverage for damage to or loss of an insured's covered auto. What other BAP coverages can be added by endorsement? - Correct Answer ️️ - Medical payment...

Employees As Insureds - This commercial auto endorsement (CA 99 33) may be used to extend nonowner liability coverage to cover the individual liability of employees while they are using their own autos in the employer's business. Employee Hired Autos - This business auto policy (BAP) endorsement (CA 20 54) broadens physical damage coverage provided to employees of the named insured who hire or rent cars in their own names in the furtherance of their employer's business. Drive Other Car -...

LO/1- Auto Symbol 1 Any Auto- Liability Only Symbol 2 Owned "Auto" Only Symbol 3 Owned Private Passenger "Autos" only Symbol 4 Owned "Autos" Other than Private Passenger Symbol 5 Owned "Autos" Subject to No-Fault (Not used in KY) Symbol 6 Owned "Autos" Subject to a Compulsory UM Law (Not used in KY- no UM due to state law) Symbol 7 Specifically Described "Autos" (Not listed not covered) Symbol 8 Hired "Autos" only only cove...

CIC CASUALTY BUSINESS AUTO SECTION EXAM QUESTIONS WITH COMPLETE ANSWERS - insured status extends to resident spouse, but not to family members; would need to schedule family for coverage to apply to them Endorsement: Employees As Insureds CA - Answer-Used to provide insured status to any employee who uses their own personal autos to conduct the named insured's business This is liability coverage provided on an excess basis to the employee's PAP Endorsement: Social Services Agencie...