Auto coverages, HO forms, exclusions, limits and claims settlement.
40 cards · basic cards · AI-written, checked twice. Edit anything.
- What is the primary purpose of liability coverage in auto insurance?
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Covers bodily injury and property damage caused by the policyholder to others- What does collision coverage pay for?
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Damage to the insured vehicle from collision with another vehicle or object- Define comprehensive coverage in auto insurance
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Covers damage from non-collision causes such as theft, fire, weather, and vandalism- What does uninsured motorist coverage protect against?
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Covers the policyholder when hit by an uninsured driver- What is a deductible in insurance?
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The amount the policyholder pays out of pocket before insurance covers a claim- What does medical payments coverage cover in auto policies?
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Medical expenses for the policyholder and passengers from an auto accident- What is underinsured motorist coverage?
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Protection when the at-fault driver's liability limits are insufficient to cover damages- What does property damage liability cover?
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Damage to another person's vehicle or property caused by the policyholder- What does bodily injury liability cover?
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Medical and funeral expenses of others injured in an accident the policyholder caused- Name three factors that increase auto insurance premiums
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Age, poor driving record, high-risk vehicle type, location, high coverage limits- What is the typical grace period for auto insurance payment?
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Ten days from the due date before the policy lapses- What does the endorsement named driver exclusion mean?
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Excludes a specific person from coverage under the policy- What does auto insurance typically NOT cover?
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Normal wear and tear, intentional damage, mechanical breakdown, racing activities- Why is a police report important in auto claims?
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Provides official documentation of accident details and helps establish liability- What does policy limits mean in auto insurance?
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The maximum amount the insurer will pay for a covered claim
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