P&C Ch. 6 Vocab

3rd party, combined single limits or split limits, 100/300/100. Bodily injurty or property damage. company must defend you. the other guy must be outside your car. $100000 per occurance

Medical Payments, to insured, $5000 per person. pays for you and yours (family or anyone else in your car). no fault coverage, limits per person, only to fix the body, will cover pedestrians

100/300/100. like liability and the other guy is at fault, he cant or wont pay and has no insurance or not enough to cover the damage. uninsured driver is always illegal, underinsured driver is legal but inadequate 

collision. other than collision. named perils (collision). open perils (other than collision). most likely a deductible, depreciation, and the companys right to savage.

you and your spouse

related by blood, marriage, or adoption and living at the address

in the vehicle or on it or getting into or out of it

your car and additional vehicles newly acquired during policy period but for limited time. the new car is a replacement vehicle. a temporary substitute is a vehicle which you are using because you car is unavailable due to breakdown, servicing, repair, theft, or destruction. 

• intentional acts
• war
• nuclear
• vehicles used for hire (not to include car pools)
• using a vehicle without reasonable belief you had permission 

coverage goes with the car even if the driver isnt the named insured and may use your policy to pay the excess if the insureds isnt adequate and is not provided for regular and frequent use

• falling objects
• fire
• earthquake or explosion
• wind
• hail, water or flood
• vandalism
• riot
• theft
• contact with a bird or animal
• glass breakage

• towing and labor
• miscellaneous type vehicles
• extended nonowner coverage for named individuals