Hi friends, are no-fault benefits and underinsured motorists provided in a business auto coverage?
Thanks:)
Total Comments: 4
Posted: Thu Oct 13, 2011 11:25 pm Post Subject:
Business auto contracts are required to meet all financial responsibility laws in a given state. If the coverage is required, it must be in all automobile contracts, not just personal auto policies.
InsTeacher 8)
Posted: Fri Oct 14, 2011 07:29 pm Post Subject:
thanks:) so if the question would be which one would a business auto coverage exclude, the answer would be:
underinsured motorist, open-perils, medical payments or no fault benefits?
Posted: Fri Oct 14, 2011 08:56 pm Post Subject:
I would go with "open perils." I am unaware of ANY auto policy that offers TRUE open-perils coverage. Someone trying to pass an exam???
InsTeacher 8)
Posted: Sun Oct 16, 2011 01:47 am Post Subject:
hmm, on this page http://thismatter.com/money/insurance/types/auto-insurance.htm they tell me that underinsured coverage would not be provided...
Posted: Thu Oct 13, 2011 11:25 pm Post Subject:
Business auto contracts are required to meet all financial responsibility laws in a given state. If the coverage is required, it must be in all automobile contracts, not just personal auto policies.
InsTeacher 8)
Posted: Fri Oct 14, 2011 07:29 pm Post Subject:
thanks:) so if the question would be which one would a business auto coverage exclude, the answer would be:
underinsured motorist, open-perils, medical payments or no fault benefits?
Posted: Fri Oct 14, 2011 08:56 pm Post Subject:
I would go with "open perils." I am unaware of ANY auto policy that offers TRUE open-perils coverage. Someone trying to pass an exam???
InsTeacher 8)
Posted: Sun Oct 16, 2011 01:47 am Post Subject:
hmm, on this page http://thismatter.com/money/insurance/types/auto-insurance.htm they tell me that underinsured coverage would not be provided...
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