2. Lana insured her car with a Personal Auto Policy (PAP) that has liability coverage of $100,000 combined single limit for third-party bodily injury and property damage. She was found by a court to be at fault for an accident that injured the other driver and ordered to pay a judgment of $98,000, plus $6,000 in pre-judgment interest. How much will Liana's insurer pay under her Personal Auto Policy? $92,000 $98,000 C$100,000 C$104,000 7. Under the liability coverage in the Personal Auto Policy (PAP), the insurer agrees to pay Judgments for bodily injury intentionally caused by the insured. Defense/legal costs incurred by the insurer on behalf of an insured in addition to the limit of liability until the limit of liability has been exhausted by a judgment or settlement. Judgments in excess of the liability limits. Costs incidental to claims not covered by the policy. 9. Jessie has a portable navigation system (Garmin) that attaches to the dashboard of his car with a Velcro patch. Jessie discovered one morning that his car had been broken into and Page 3 of 15 someone had stolen the Garmin unit from the car's dashboard. What amount will Jessie's auto insurer pay for this loss? CNothing Actual cash value The amount necessary to replace the item with property of like kind and quality Replacement costs 11. Which one of the following causes of loss is covered under the other than collision (OTC) section of the Personal Auto Policy (PAP)? Overturn of the vehicle from the driver losing control Missiles or falling objects Hitting a tree Hitting another car 14. Coverage for other structures is automatically provided under the homeowner's insurance policies - HO-3 and HO-5 with a limit that is 10 percent of the Coverage A dwelling limit. 10 percent of the Coverage C personal property limit. 50 percent of the Coverage A dwelling limit. 50 percent of the Coverage C personal property limit 2. Lana insured her car with a Personal Auto Policy (PAP) that has liability coverage of $100,000 combined single limit for third-party bodily injury and property damage. She was found by a court to be at fault for an accident that injured the other driver and ordered to pay a judgment of $98,000, plus $6,000 in pre-judgment interest. How much will Liana's insurer pay under her Personal Auto Policy? $92,000 $98,000 $100,000 $104,000