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In part 1, we began the discussion of the coverage limitations (exclusions) found in insurance policies. Here, we’ll continue.

Exclusions are meant to insure that policy and pricing reflects precisely what the insurance coverage intended to cover. These limitations are fair. Their purpose is to make sure that coverage that you buy for your own car, van, SUV, hybrid or truck listed on your policy does not also handle situations that should be addressed by either another person's auto policy, a worker's compensation, a business policy, by a specialty policy (such as racing events coverage) or other types of policies.

Prohibit Coverage For Losses That Are Against Public Policy

Some examples of this reason are when coverage is denied for losses:

·         occurring when the injured person is occupying a vehicle knowing that she or he does not have the vehicle owner's permission

·         that were fraudulently staged by the vehicle's owner in order to collect insurance for "phantom" injuries.

·         that were deliberately caused by the vehicle operator

Insurance would be impossible to afford if it were expected to pay for injuries to car thieves, to people who fake accidents and injuries or to persons who intended to injure another person or damage property.

So remember, without reasonable exclusions, you or I would not be able to enjoy the protection and security that is offered by automobile insurance. If you have questions about exactly what is excluded by your policy, talk to your insurance agent.

Posted 3:19 PM  View Comments

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