Hawaii State Casualty Insurance Questions and Answers with complete

Casualty Insurance - Answer-Provides compensation or indemnity for harm done to others that the insured is legally obligated to pay. The obligations may be imposed by law or assumed by a contract. Hawaii Motor Vehicle Insurance Law - Answer-- Create a system or reparations for accidental harm and loss arising from motor vehicle accidents. - Compensate these damages without regard to fault; - Limit tort liability for accidents. Compulsory Insurance - Answer-No person will operate or use a motor vehicle upon any public road unless it is insured at all times. Every owner of a motor vehicle operated in the state must obtain an insured policy for the entire motor vehicle registration period. Hawaii State Auto limits - Answer-$20,000 for bodily harm or death of one person in a single accident. $40,000 for bodily harm or death of two or more persons in a single accident. $10,000 property damage liability for the damage of property of others in a single accident. Personal Injury Protection (PIP) - Answer-Include all appropriate treatment and expenses needed as a result of any accidental harm. PIP Benefits, when applied to a motor vehicle insurance policy issued at no cost, will not include benefits for any person receiving public assistance benefits. Hawaii Joint Underwriting Plan - Answer-- A joint underwriting plan is established consisting of all insurers authorized to write and engage in writing motor vehicle insurance in this state, except specialty insurers writing insurance for U-Drive vehicles only. - Each insurer is required to be a member of the plan, and must maintain membership as a condition of its licensure to transact insurance in this state. When a motor vehicle insurance policy is canceled before the end of the policy period, within 30 Days of being notified the named insured must do the following. - Answer-1. Return the motor vehicle insurance info card to the insurer or2. If the card is lost or stolen, submit an affidavit signed by the insured sate that fact to the insured. Hawaii Employers Mutual Insurance Company (HEMIC) - Answer-Established as an independent corporation to provide Workers' Compensation Insurance and related services to Hawaii employers. Underinsured Motorist - Answer-A vehicle whose sum of all insurance coverage and self-insurance is less than what is required by law. Uninsured Motorist - Answer-A driver involved in a vehicle accident who does not have insurance. Workers' Compensation - Answer-A form of insurance paid by the employer providing cash benefits to workers injured or disabled in the course of employment