Your insured has an O.A.P. 1 Owner's Policy with $1,000,000 Liability, standard Accident Benefits and All Perils coverage. Near Sudbury, Ontario he/she rear-ends another automobile and is found liable for the accident. Your insured's vehicle is a total loss. Your insured is convicted of impaired driving. Which one (1) of these statements is true? Insured's policy will pay -   for the damage to the third party vehicle and subrogate against your insured. nothing for the damage to your insured's car because he/she was impaired. Third party damage will be paid by third party's insurer. for the damage to the third party vehicle with no right to for the damage to the third party vehicle with no right to subrogate against your insured. for your insured's collision loss only.

Scott was involved in an auto accident in which he was at fault. His own car sustained $2,780 damages and the other vehicle cost $2,848 to repair. Scott was not injured, but the driver of the other car required medical treatment costing $33,180. Scott's policy includes 10/20/5 liability, $500 deductible collision, and full coverage comprehensive. How much of the damages must the insurance company pay?   a. $15,128 b. $25,128     c. $33,180 d. $38,808

Which one (1) of the following statements regarding the Uninsured Automobile Coverage in your insured's O.A.P. 1 Owner's Policy is correct?•It provides coverage for liability to others in case your insured forgets to renew his/her policy.•It only covers bodily injury but never accidental damage to the insured's own automobile.•It includes a certain amount of coverage for accidental damage to the insured's automobile caused by a hit and run automobile, where neither the owner nor driver of the other automobile is identified.•It includes a certain amount of coverage for accidental damage to the insured's automobile provided the owner or driver of the uninsured automobile is identified.

Rusty Reft, who lives in Territory 5, carries 10/20/5 compulsory liability insurance along with optional collision that has a $300 deductible. Rusty was at fault in an accident that caused $3,400 damage to the other auto and $1,100 damage to his own. Also, the courts awarded $14,800 and $7,200, respectively, to the two passengers in the other car for personal injuries. a. How much will the insurance company pay? Amount paid b. What is Rusty's share of the responsibility? Amount paid

The insured owns a personal umbrella liability insurance policy that has been in effect for more than 5 years. The insurance company will be able to  nonrenew the policy for all of the reasons indicated below except The insured was convicted of a misdemeanor The insured’s producer had its agency contract terminated by the insurance company The primary automobile insurer is not A-rated for financial solvency The insured’s home was damaged due to weather related losses only

Joe Berry, who lives in Territory 5, carries 10/20/5 compulsory liability insurance along with optional collision that has a $300 deductible. Joe was at fault in an accident that caused $2,100 damage to the other auto and $800 damage to his own. Also, the courts awarded $14,000 and $9,000, respectively, to the two passengers in the other car for personal injuries. How much will the insurance company pay, and what is Joe’s share of the responsibility?

Zachary Lee has a personal automobile policy (PAP) with coverage of $25,000/$50,000 for bodily injury liability, $25,000 for property damageliability, $5,000 for medical payments, and a $500 deductible for collision insurance. How much will his insurance cover in each of the following situations? Will he have any out-of-pocket costs?a. Zachary loses control and skids on ice, running into a parked car and causing $3,785 damage to the unoccupied vehicle and $2,350 damage to his own car.b. Zachary runs a stop sign and causes a serious auto accident, badly injuring two people. The injured parties win lawsuits against him for $30,000 each.c. Zachary’s 18-year-old son borrows his car. He backs into a telephone pole and causes $450 damage to the car.

Rosa Valencia has a personal automobile policy (PAP) with coverage of $25,000/$50,000 for bodily injury liability, $10,000 for property damage liability that includes coverage for her vehicle, $5,000 for medical payments, and a $500 deductible for collision insurance. How much will her insurance cover in each of the following situations? Will she have any out-of-pocket costs? Rosa loses control when she swerves to miss a dog on the street, running into a parked car and causing $5,300 damage to the unoccupied vehicle and $3,750 damage to her own car. Rosa pulls out in front of another car and causes a serious auto accident, badly injuring three people. The injured parties win lawsuits against her for $35,000 for one individual, and the other two passengers claimed $5,000 each ($10,000 total). Rosa’s 16-year-old daughter borrows her car. She runs off the road when texting while driving and causes $450 damage to the car.

Mike purchased a Personal Auto Policy that included Part D (coverage for damage to your auto). He lost control of his car on an icy road, slid off the road and hit a tree. Ignoring any deductible, what will the insurer pay for the damage to Mike's car? O the lesser of actual cash value or the cost to repair or replace the vehicle O the original purchase price of the vehicle O the replacement cost of the vehicle the greater of actual cash value or the cost to repair or replace the vehicle O nothing

You and the driver of the other car were the only people involved in the accident. You were not injured. You have a 50/100/50 liability insurance policy with no deductible. You have collision insurance with a deductible of $1,000. The other driver's bodily injury claim is $60,000 for medical expenses related to a broken leg. The other car was valued at $25,000 and requires $7,000 in repairs. Your car was valued at $13,000 and requires $15,000 in repairs. The accident damaged a city light pole that will cost $1,800 to replace. Use the information above to determine the following: the total amount your liability insurance will pay for the accident the total amount your collision insurance will pay for the accident the amount of additional damages you are responsible for as a result of the accident