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(CISR) Commercial Casualty II – BAP: Questions With Clear Solutions

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(CISR) Commercial Casualty II – BAP: Questions With Clear Solutions

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(CISR) Commercial Casualty II – BAP: Questions With
Clear Solutions

Liability in the Business Auto Coverage Form Right Ans - Results when
"bodily injury" to others or "property damage" to the property of others arises
out of the ownership, operation, maintenance or use of an auto-Owned,Non-
Owned,Hired,orBorrowed

Types of Autos that fall into the Liability Exposure for the BAC Form Right
Ans - Autos the NI owns, does not own, BUT are used in, or on behalf of, the
NI's Business, and autos the NI hires or borrows

Physical Damage in the BAC Form Right Ans - 1. Comprehensive
2. Specified Causes of Loss
3. Collision
4. Towing (private passenger only)

Accident Right Ans - Continuous or repeated exposure to the same
conditions resulting in BI or PD; does not have to be sudden

Example of an Accident in the BAC Form Right Ans - A truck, exceeding the
weight limit restriction for a bridge, crosses the bridge daily. Over a period of
time, the bridge is weakened and suffers structural damage

Auto Right Ans - A land motor vehicle, "trailer," or semi trailer designed for
travel on public roads OR any other land vehicle that is SUBJECT TO A
COMPULSORY OR FINANCIAL RESPONSIBILITY LAW or other motor vehicle
insurance law where it is license or principally garaged

BAP Symbol 1 Right Ans - Any Auto - Broadest coverage & Liability only

BAP Symbol 2 Right Ans - Owned Autos Only - Triggers coverage for autos
owned by the Insured and autos acquired during a policy period

BAP Symbol 3 Right Ans - Owned Private Passenger Autos

BAP Symbol 4 Right Ans - Owned Autos Other Than Private Passenger
Autos - Only those autos the Insured owns that are not of the private

, passenger type, including the autos the Insured acquires ownership of after
the policy begins

BAP Symbol 5 Right Ans - Owned Autos Subject to a No-Fault Law; PI
Protection for autos required to have No-fault benefits in the state where they
are licensed or principally garaged

BAP Symbol 6 Right Ans - Owned Autos Subject to a compulsory Uninsured
Motorists Law; Uninsured Motorists Coverage (UMC) when the law in the
state where the autos are licensed or principally garaged are required to have
and cannot reject UMC

BAP Symbol 7 Right Ans - Specifically Described Autos Only; Only those
vehicles specifically scheduled in Item 3 of the BAP Decs

BAP Symbol 8 Right Ans - Hired Autos Only; Meaning autos the NI leases,
hires, rents or borrows - EXCLUDING those autos from employees, partners of
a partnership, members of a LLC, or members of their households; Liability,
PD

BAP Symbol 9 Right Ans - Non-Owned Autos; Liability Only - NOT hired or
borrowed by Insured & that are used in connection with Insd's business;
INCLUDES autos owned by the Insured's employees, partners, & members of
LLCs, and their family members

BAP Symbol 19 Right Ans - Mobile Equipment Subject to Compulsory or
Financial Responsibility or Other Motor Vehicle Insurance Law Only

CA 99 54 BAP Endorsement/ Symbol 10 Right Ans - Covered Auto
Designation Symbol - describes the vehicles you wish you cover if you wish to
customize coverage for a client

Who is an Insured under BAP Right Ans - NI, Permissive Users of Covered
Autos, Others Who have Vicarious Liability

What are the 5 Types of Permissive Users that DO NOT get coverage under
BAP Right Ans - -Owner of rented/borrowed covered auto
-Employee using his/her owned auto
-Any Indiv. working in Auto Business (unless that is the NI's business)

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