2-20: Unit 5 Quiz

Radical Radiators, your Garage policy insured has suffered a theft loss to a Symbol 27 vehicle. They have Specified Causes of Loss coverage on the vehicle. Is this loss covered?

True or False? Your Garage policyholder has Comprehensive coverage in Part IV of his Garage policy. This Comprehensive coverage provides the insured broader coverage than Specified Causes of Loss coverage.

Your insured has a Garage Policy and wants to know if Section II Liability provides coverage for damage to property the insured own.

Josephine’s Garage is replacing all four tires on a customer’s truck. The customer has tripped over an air hose in garage parking lot and broken his nose. How will the Garage Policy respond?

The insuring agreement for Garage Liability states: “We will pay all sums an ‘insured’ legally must pay as damages because of ‘bodily injury’ or ‘property damage’ to which this insurance applies caused by an ‘accident’ and resulting from ‘__________’.

True or False? The Garage Policy endorsement, “Dealers Drive-Away Collision” provides coverage for autos being driven/transported 50 miles or further from the point of purchase or distribution.

Your Garage policyholder has suffered a loss to several vehicles when they were damaged being transported by a vehicular conveyance. Symbol 31 is on the insured’s Declarations page with Specified Causes of Loss listed as the sole Physical Damage coverage. Is this loss compensable?

Your BAP insured has suffered hail damage to his truck. He has Specified Causes of Loss coverage on the vehicle. Is the hail damage covered?

Which of the following perils are covered in the BAP’s Specified Causes of Loss coverage:

The BAP’s Section II does not apply to:

The BAP’s Section II Liability coverage does not apply to:

rue or False? The garaging territory is not a rating factor in the BAP.

Underwriting radius of operation includes all BUT which of the following?

The BAP insures which of the following exposures?

In the BAP Comprehensive covered perils include:

True or False? The BAP includes $30 per day/$900 maximum Transportation Expense.

Section III Physical Damage in the BAP covers:

Your commercial insured has struck a dog in a one vehicle accident which resulted in several thousand dollars of damage to her vehicle. What type of physical damage claim will she be filing?

In Section III of the BAP, Specified Causes of Loss is:

Under the BAP’s Section II Liability who is defined as an insured?

Your insured advises you they wish to have liability coverage for the use of any auto. Which symbol do you use for this blanket coverage?

Section II of the Garage Policy excludes: