UnderWriting

Personal auto policy

Pronto Insurance will make available to its customers four basic coverages to protect their personal use vehicles. This options can be sold together or separate. It’s the agent’s responsibility to evaluate the customer’s needs, educate the customer and up sell on every opportunity.

Liability Limits: The maximum financial coverage the insurer (company) will pay in behalf of the insured (customer). These amounts meet the Texas Financial Responsibility minimum requirements. The coverage Pronto offers is:

• • Maximum of $30,000 for Bodily Injury per person (Medical)

  • Maximum of $60,000 for Bodily Injury Total per accident (Medical total)

  • Maximum of $25,000 for Property Damage per accident (Tangibles damaged)

    • These Limits can be referred to as “30/60/25”

  • Required by Law in Texas also known as 3rd party damage.

UnInsured/Underinsured Motorist Coverage (UI/UIM): Pays for injuries and property damage caused by:

• • Hit and run driver

  • Motorist without liability insurance.

  • It will also pay the main insured and/or medical bills if they are higher than the other driver’s liability coverage.(not enough Insurance)

  • Has a deductible of $250

  • Limits are the same carried on Liability, for Pronto the only limits available are 30/60/25

  • The golden rule of this coverage is that the Pronto customer can’t be at fault for UI/UIM to pay.

Personal Injury Protection (PIP): Pays limited medical and funeral expenses if main insured or a passenger in the car is injured or killed in an auto accident. It also pays loss of income benefits.

• • Benefits are $2,500.00 per passenger in the insured’s vehicle.

  • There’s no deductible

  • Pays regardless of fault

  • No limit of passengers that can receive the benefit

Physical Damage: Visible and tangible damage to property. All property damage claims are paid under Actual Cash Value (ACV) which means the value of the vehicle minus depreciation.

• • Collision Coverage: Pays for damage to the customer's vehicle.

    • Without regard to who caused an accident.

    • Deductible is $500

    • Payout is Actual Cash Value (Cost to replace minus depreciation) of the car.

    • Always sold with OTC (Comprehensive).

  • Other Than Collision Coverage (Comprehensive): Pays for damage to the customer's vehicle due to a non-accident event such as:

    • hail, vandalism, flood fire or theft.

    • Without regard to who caused an accident

    • Deductible is $500

    • Payout is Actual Cash Value (Cost to replace minus depreciation) of the car. Always sold with Collision.

  • Rental: provides reimbursement for expenses incurred for renting a vehicle as a result of damage to the insured’s vehicle from a collision or comprehensive policy coverage.

    • To be used ONLY after an accident.

    • The rental must be from a licensed rental company

    • The reimbursement rate will not exceed $25 a day with a maximum benefit of $750 per accident or claim.

  • Towing: provides reimbursement for expenses incurred for towing a vehicle as a result of damage to the insured’s vehicle from a collision or comprehensive policy coverage.

    • To be used ONLY after an accident.

    • The towing must be from a licensed towing company

    • The reimbursement rate will not exceed $70 per accident or claim.