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Auto Coverage for Damage to your auto, commonly
called physical damage coverage includes both collision and
other than collision coverage previously referred to as
comprehensive.
Collision the upset or impact of a covered or non-owned auto
with another vehicle or object. Other than Collision
includes losses caused by: missiles or falling
objects, fire, theft or larceny, explosion or earthquake,
windstorm, hail water flood, vandalism or malicious
mischief, riot, civil commotion, contact with birds or
animals, glass breakage, if breakage of glass is caused by a
collision, towing and labor at the place a vehicle is
disabled.
Exclusions Camper body or trailer, awnings designed to
create additional living space, radar detectors, wear and
tear, freezing, mechanical or electrical breakdown, road
damage to tires, contests of speed.
Business Auto covers most commercial auto exposures
except truckers, garages and motor carriers, coverage is
designed to protect the business owner against liability and
physical damage losses that result from owning or using
autos. Commercial vehicles including trucks truck-tractor
units, semi-trailers, public vehicles, cabs, livery, station
wagons, jeeps, panel vans, ambulances, farm machinery, fire
trucks, police cars, construction equipment used on public
roads.
Business Auto form who is an insured covers person or
organization named in the declarations is an insured for any
covered auto; anyone else while using a covered auto with
the insured's permission, except owners of the auto;
employees in the business of selling, repairing, servicing,
parking or storing autos other than the named insured;
anyone other than employees, partners, lessees or borrowers,
while moving property from a covered auto; employees and
partners for autos they own; and anyone liable for an
insured's conduct is also considered an insured, but only to
the extent of their liability.
Exclusions insurance does not apply to: Expected or intended
injury or damage, contractual liability other than an
insurance contract, obligations under any workers
Compensation, disabilities benefits, unemployment, property
in the insured's care custody or control, bodily injury to
any fellow employee of the insured caused by a fellow
employees employment.
Liability coverage limits of insurance. The limit of
liability for bodily injury and property damage can be
expressed either as a single limit or as split limits. A
single limit defines the total amount the insurer will pay
for all bodily injury and / or property damage, including
any covered pollution expenses, resulting from a single
accident.
Example: If an insured had a single limit of $100,000
and one accident resulted in $75,000 in bodily injury and
$35,000 in property damage, the most the insurer would pay
is $100,000. The remaining $10,000 in damage would not be
covered.
A split limit shows separate limits for bodily injury per
person, bodily injury per accident, and property damage per
accident. For example 50/100/10 limits would represent
$50,00 bodily injury per person, $10,000 bodily injury per
accident property damage per accident. The bodily injury per
person limit is the most the insurer will pay per person
involved in a single accident. The bodily injury per
accident limit is the most the insurer will pay for bodily
injury in a single loss, despite the number of people
injured, or vehicle involved. The property damage per
accident limit is in addition to bodily injury per accident
limit. If a covered loss involves injury and property
damage, the most the insurer would pay is the combined
bodily and property damage per accident limits. Split limits
must be endorsed on the policy.
Example: If the insured had coverage of 50/100/10 the
maximum the insurer would pay for both bodily injury and
property damage resulting from a single accident would be
$110,000. However if 2 people are injured in the accident
both with $75,000 in injuries the most the insurer would pay
is $50,000 per person or a total of $100,000 plus property
damage loss up to $10,000.
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