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Application questions: Ken has a standard, unendorsed personal auto policy (PAP) with coverage for collision loss (with a $500.00 deductible) and other than collision loss
Application questions: Ken has a standard, unendorsed personal auto policy (PAP) with coverage for collision loss (with a $500.00 deductible) and other than collision loss (with a $250.00 deductible). What dollar amount, if any, will ken's PAP pay for each of the following losses? If a loss is not covered or is not fully covered, explain why. Treat each loss separately(3points each): 1. a. Ken's car collides with a deer. The damage will cost $900.00 to repair. b. A thief breaks into Ken's car and steals stereo tapes valued at $200.00. Ken earns extra money after class by transporting senior citizens shoppers to and from the Millcreek Mall for shopping trips. During one of these trips, Ken losses control of his vehicle hits a telephone pole and causes $3,000.00 in damage to his vehicle c. While driving a friend's older vehicle with permission, Ken leaves the roadway and strikes a tree. The car, valued at $1,500. is a total loss? The friend just carries minimum liability limits on his vehicle. d. e. A runaway Wall mart shopping cart causes $500.00 in damages to his parked car
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