Personal Auto Policy

PERSONAL AUTO PP 00 01 01 05 "Insurance Services Office, Inc. Copyright" This form has been promulgated by the Virginia State Corporation Commission for use by all licensed insurers in the Commonwealth issuing policies for motor vehicle insurance as defined in § 38.2.124 of the Code of Virginia. This form includes copyrighted material of Insurance Services Offices, Inc., with its permission and may only be used by a licensed insurer in Virginia for risks located in Virginia. Use of this form for any other purpose shall be with the express permission of ISO and subject to the standard ISO copyright notice. PP 00 01 01 05 © ISO Properties, Inc., 2003 Page 1 of 14 PERSONAL AUTO POLICY AGREEMENT In return for payment of the premium and subject to all the terms of this policy, we agree with you as follows: DEFINITIONS A. Throughout this policy, "you" and "your" refer to: 2. Pickup or van. 1. The "named insured" shown in the Declara- It also means a farm wagon or farm implement tions; and while towed by a vehicle listed in 1. or 2. above. 2. The spouse if a resident of the same house- J. "Your covered auto" means: hold. 1. Any vehicle shown in the Declarations. If the spouse ceases to be a resident of the same 2. A "newly acquired auto". household during the policy period or prior to the inception of this policy, the spouse will be consid- 3. Any "trailer" you own. ered "you" and "your" under this policy but only un- 4. Any auto or "trailer" you do not own while used til the earlier of: as a temporary substitute for any other vehicle 1. The end of 90 days following the spouse's described in this definition which is out of nor- change of residency; mal use because of its: 2. The effective date of another policy listing the a. Breakdown; spouse as a named insured; or b. Repair; 3. The end of the policy period. c. Servicing; B. "We", "us" and "our" refer to the Company provid- d. Loss; or ing this insurance. e. Destruction. C. For purposes of this policy, a private passenger This Provision (J.4.) does not apply to Cover- type auto, pickup or van shall be deemed to be age For Damage To Your Auto. owned by a person if leased: K. "Newly acquired auto": 1. Under a written agreement to that person; and 1. "Newly acquired auto" means any of the follow- 2. For a continuous period of at least 6 months. ing types of vehicles you become the owner of Other words and phrases are defined. They are in during the policy period: quotation marks when used. a. A private passenger auto; or D. "Bodily injury" means bodily harm, sickness or b. A pickup or van, for which no other insur- disease, including death that results. ance policy provides coverage, that: E. "Business" includes trade, profession or occupa- (1) Has a Gross Vehicle Weight Rating of tion. 10,000 lbs. or less; and F. "Family member" means a person related to you (2) Is not used for the delivery or transporta- by blood, marriage or adoption who is a resident of tion of goods and materials unless such your household. This includes a ward or foster use is: child. (a) Incidental to your "business" of in- G. "Occupying" means: stalling, maintaining or repairing fur- 1. In; nishings or equipment; or 2. Upon; or (b) For farming or ranching. 3. Getting in, on, out or off. 2. Coverage for a "newly acquired auto" is pro- H. "Property damage" means physical injury to, de- vided as described below. If you ask us to in- struction of or loss of use of tangible property. sure a "newly acquired auto" after a specified time period described below has elapsed, any I. "Trailer" means a vehicle designed to be pulled by coverage we provide for a "newly acquired a: auto" will begin at the time you request the 1. Private passenger auto; or coverage. Page 2 of 14 © ISO Properties, Inc., 2003 PP 00 01 01 05 a. For any coverage provided in this policy (2) Four days after you become the owner if except Coverage For Damage To Your the Declarations do not indicate that Col- Auto, a "newly acquired auto" will have the lision Coverage applies to at least one broadest coverage we now provide for any auto. If you comply with the 4 day re- vehicle shown in the Declarations. Cover- quirement and a loss occurred before age begins on the date you become the you asked us to insure the "newly ac- owner. However, for this coverage to apply quired auto", a Collision deductible of to a "newly acquired auto" which is in addi- $500 will apply. tion to any vehicle shown in the Declara- c. Other Than Collision Coverage for a "newly tions, you must ask us to insure it within 14 acquired auto" begins on the date you be- days after you become the owner. come the owner. However, for this coverage If a "newly acquired auto" replaces a vehicle to apply, you must ask us to insure it within: shown in the Declarations, coverage is pro- (1) 14 days after you become the owner if vided for this vehicle without your having to the Declarations indicate that Other ask us to insure it. Than Collision Coverage applies to at b. Collision Coverage for a "newly acquired least one auto. In this case, the "newly auto" begins on the date you become the acquired auto" will have the broadest owner. However, for this coverage to apply, coverage we now provide for any auto you must ask us to insure it within: shown in the Declarations. (1) 14 days after you become the owner if (2) Four days after you become the owner if the Declarations indicate that Collision the Declarations do not indicate that Coverage applies to at least one auto. In Other Than Collision Coverage applies this case, the "newly acquired auto" will to at least one auto. If you comply with have the broadest coverage we now the 4 day requirement and a loss oc- provide for any auto shown in the Decla- curred before you asked us to insure the rations. "newly acquired auto", an Other Than Collision deductible of $500 will apply. PART A – LIABILITY COVERAGE INSURING AGREEMENT 4. For any auto or "trailer", other than "your cov- A. We will pay damages for "bodily injury" or "property ered auto", any other person or organization damage" for which any "insured" becomes legally but only with respect to legal responsibility for responsible because of an auto accident. Dam- acts or omissions of you or any "family mem- ages include prejudgment interest awarded ber" for whom coverage is afforded under this against the "insured". We will settle or defend, as Part. This Provision (B.4.) applies only if the we consider appropriate, any claim or suit asking person or organization does not own or hire the for these damages. In addition to our limit of liabil- auto or "trailer". ity, we will pay all defense costs we incur. Our duty SUPPLEMENTARY PAYMENTS to settle or defend ends when our limit of liability We will pay on behalf of an "insured": for this coverage has been exhausted by payment of judgments or settlements. We have no duty to 1. Up to $250 for the cost of bail bonds required defend any suit or settle any claim for "bodily in- because of an accident, including related traffic jury" or "property damage" not covered under this law violations. The accident must result in "bod- policy. ily injury" or "property damage" covered under this policy. B. "Insured" as used in this Part means: 2. Premiums on appeal bonds and bonds to re- 1. You or any "family member" for the ownership, lease attachments in any suit we defend. maintenance or use of any auto or "trailer". 3. Interest accruing after a judgment is entered in 2. Any person using "your covered auto". any suit we defend. Our duty to pay interest 3. For "your covered auto", any person or organi- ends when we offer to pay that part of the zation but only with respect to legal responsibil- judgment which does not exceed our limit of li- ity for acts or omissions of a person for whom ability for this coverage. coverage is afforded under this Part. PP 00 01 01 05 © ISO Properties, Inc., 2003 Page 3 of 14 4. Up to $200 a day for loss of earnings, but not 7. Maintaining or using any vehicle while that other income, because of attendance at hear- "insured" is employed or otherwise engaged in ings or trials at our request. any "business" (other than farming or ranching) 5. Other reasonable expenses incurred at our not described in Exclusion A.6. request. This Exclusion (A.7.) does not apply to the These payments will not reduce the limit of liability. maintenance or use of a: EXCLUSIONS a. Private passenger auto; A. We do not provide Liability Coverage for any "in- b. Pickup or van; or sured": c. "Trailer" used with a vehicle described in a. 1. Who intentionally causes "bodily injury" or or b. above. "property damage". 8. Using a vehicle without a reasonable belief that 2. For "property damage" to property owned or that "insured" is entitled to do so. This Exclu- being transported by that "insured". sion (A.8.) does not apply to a "family member" using "your covered auto" which is owned by 3. For "property damage" to property: you.

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