Personal Risks Management

Homework 3

1. What are the six section of the Personal Auto Policy?
2. What information does a declaration page provide?
3. List and explain the important PAP definitions as outlined in the text.
4. Explain the two types of policy limits applicable under the liability coverage of the PAP.
5. Does the PAP provide liability coverage for the use of the vehicle as a taxi?
6. Explain what constitutes an uninsured motor vehicle for purposes of Uninsured Motorist coverage.
7. After reading the case facts in the text, explain the process for determination of coverage under the PAP if a claim has occurred.