Pays for the damages made to others, health, or property, for which the policy holder is legally responsible or liable., Liability coverage, Underinsured Motorist Coverage, What BI stands for?, Body injury, Bodily Injury, Liability coverage is divided in two: Bodily injury and property damage., True, False, PD stands for:, Physical damage, Property damage, Responsibility due to negligence arising from an occurrence resulting on injury on another person’s life/ health., Bodily injury, Property damage, Responsibility due to negligence arising from an occurrence resulting in damages or destruction of property., Bodily injury, Property damage, Is PIP (Personal Injury Protection) is a “no-fault insurance”?, True, False, What type of coverage is the Uninsured and Under insured Motorist Coverage?, 3rd party coverage, 1st party coverage, A driver that did NOT have any insurance at the time of the occurrence and cannot cover losses of others is…, Underinsured, Uninsured, Is a driver whose coverage limits where too low at the time of an occurrence to cover the losses of others., Underinsured, Uninsured, The uninsured and underinsured Motorist Coverage could also be subdivided in BI and PD., True, False, Cover damages to your car caused by disasters or factors “other than collision”., Comprehensive coverage, Physical damage, Pays for damages to your car resulting from a collision with an object., Comprehensive coverage, Collision coverage, Rental reimbursement protects the insured from common roadside breakdowns like dead batteries and flat tires?, True, False, Rental reimbursement covers the cost for a rental vehicle if the policyholder’s car is disable by covered loss., True, False

Auto Foundations

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