Part E - Duties after and accident or loss. Now that the PAP has explained what it is responsible for, it is time to tell an insured about her or his duties. Briefly, an insured must tell the company details about any accident/loss and cooperate in the process, including any legal action. An insured must also be willing to undergo physical exams, take oaths, give permission to seek medical and other relevant records, give proof of loss, make police reports, protect and preserve property and submit property to inspections and appraisals.
Generally, the Personal Auto Policy is designed to cover private passenger autos which include vans and pickup trucks; but the latter automobile types must be under 10,000 pounds gross vehicle weight. Qualifying vehicles must be owned either individually or jointly. Eligible joint ownership is restricted to two or more residents or relatives. The Personal Auto Policy must be endorsed in order to properly protect the interest of non related residents who jointly own a vehicle. For more information,
Of course, the actual rating of personal auto insurance depends strictly upon an individual company. Historically, age, marital status, location, use of the vehicle, violations and losses are the areas used to generate a auto rate. Recently, companies have also added insurance scoring (which looks at various factors provided by credit collection agencies) to determine the likelihood of a auto loss.