Personal Auto Hot Topics ... What You Need to Know

Description

Evaluate the differences that exist between two broad categories typically referred to as the Personal Auto Policy (PAP) and the “Non-Standard” or “Special” PAP (SPAP). The SPAP is used when the carrier wants to develop very competitively priced auto insured products, and is also used to limit coverage for a driver who has a less than satisfactory driving record, limit coverage if the applicant has unknown resident driver exposures, and to exclude certain business activities.