Also refers to an auto liability insurance system that restricts lawsuits to serious cases. A the insured accepts money for using the auto in a car pool.
Types Of Auto Insurance Flashcards Quizlet
Learn auto insurance with free interactive flashcards.
Auto insurance definition quizlet. An auto insurance policy that covers damage to the policy holders vehicle that was not sustained in a motor vehicle collision such as acts of god impacts with. A pickup or van titled to and used in the named insureds business. Learn vocabulary terms and more with flashcards games and other study tools.
The insurance deductible is the amount of money you will pay in an insurance claim before the insurance coverage kicks in and the company starts paying you. Learn vocabulary terms and more with flashcards games and other study tools. Business auto physical damage coverage form physical damage protection for the insureds owned or hired vehicles.
Garage coverage form auto dealerships auto repair trucker coverage form covers truckers who haul goods for others. Start studying insurance definition. Only a few states require this type of insurance.
Personal auto liability insurance provides coverage in all of the following situations except when. Business auto coverage form covers most commercial auto exposures. Choose from 500 different sets of auto insurance flashcards on quizlet.
Auto insurance coverage that pays for each persons financial losses resulting from an automobile accident regardless of who was at fault. B the insureds 12 year old child takes the auto for a joy ride. Any private passenger auto titled to the named insured c.
Once you pay your deductible the insurance. With respect to auto insurance the term owned autos includes all of the following except a. When you have a deductible you have to come up with the amount of money for your deductible before a claim gets paid in many circumstances.
An auto insurance policy that insures and covers damage to the policy holders vehicle that was sustained in a car accident with another vehicle or property. A pickup or van acquired by the named insured during the policy period d.
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