Today s Lecture State Farm Car Policy Your use of your car Definitions You or Your means the named insured shown on the declarations page Your Car means the car or the vehicle described on the declarations page When and Where Coverage Applies When Policy Period shown on the declarations page Where in the U S its territories and possessions or Canada and for liability medical payments and physical damage coverage only in Mexico within 50 miles of the U S border Section I Liability Pays damages which an insured becomes legally liable to pay because of bodily injury to others and damage to property and defends any suit against an insured Liability Additional Coverages Court costs Interest on damages Premiums or costs of bonds Expenses incurred by an insured Wages up to 100 per day First aid at the accident At their request Liability Exclusions While charging persons for a ride For bodily injury to a family member For damage to property owned by rented to or in the charge of or transported by an insured For liability assumed by the insured under any contract or agreement Property Damage Liability Example While driving your car you run into another car The accident is your fault and it costs 7 500 to repair the other car How much would your policy pay Property Damage Liability Example A B C D 0 7400 7500 None of the above Bodily Injury Liability Example While driving your car you run into another car The accident is your fault You injure the driver of the other car He incurs 30 000 in medical bills He sues you and is awarded 120 000 for bodily injury How much would your policy pay Bodily Injury Liability Example A B C D E 0 30 000 120 000 150 000 None of the above Medical Payments Pays reasonable medical expenses for accidental bodily injury that occurs to you while occupying a vehicle covered under the liability section or as a pedestrian if struck by a motor vehicle or trailer Medical Payments Example While driving your car you run into a tree The accident is your fault You are injured and incur 28 000 in medical bills How much does your policy pay Medical Payments Example A B C D E 0 10 000 25 000 28 000 None of the above Definition Occupying means in on entering or alighting from Medical Payments Example 2 While getting out of your car you trip on the curb and break your ankle Your medical bills are 4 000 Medical Payments Example 2 A B C D 0 4 000 25 000 None of the above Aggregate Coverages Example While driving your car in Panama you run into a van containing six people Each person is injured and each wins a bodily injury liability award of 60 000 The van is damaged and costs 10 000 to repair You are also injured and incur 5 000 in medical bills How much will your insurance policy pay Aggregate Coverages Example A B C D E 0 75 000 315 000 375 000 None of the above
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