Looking for any agents(s) who can chime in, particularly if they've gone through this type of loss.
I've always recommended to clients (focused on commercial), that they add extended non-owned coverage to their personal policy if they are provided a business vehicle that is available for their use off business hours. I'm less concerned with the liability limit because most of the companies I work with carry reasonable limits.
My primary motivation has always been, if an accident occurs off business hours, there is no medical coverage extended to a vehicle that is furnished for your regular use but not scheduled on the personal policy.
This endorsement allows you to extend liability and "medical payments" coverage to that vehicle.
My question regards the latter coverage - medical payments. I've always "assumed" that that would be your personal injury protection coverage, but as I read the form, maybe you are supposed to schedule a medical payments limit and PIP will not apply.
Any had a claim on this and really tested the coverage?
Standard claim scenario would be you use your company furnished vehicle to go on a trip over the weekend and are in an accident were multiple family members are injured and require medical treatment (for this example, all are direct family members - father, mother, son, daughter, etc). Does PIP pay for the injuries?
Second scenario would be same as above, however there is a non-family member in the vehicle, perhaps the friend of one of your children? How does coverage react for the non-family member.
Now I know that the liability policy for the company is going to play primary here, up to policy limits. My main concern is how medical is address for both family and non-family.
Thanks for your consideration. PS. State I'm primarily interested in is NJ, though it should be similar for other states depending on PIP/medical payment laws.
I've always recommended to clients (focused on commercial), that they add extended non-owned coverage to their personal policy if they are provided a business vehicle that is available for their use off business hours. I'm less concerned with the liability limit because most of the companies I work with carry reasonable limits.
My primary motivation has always been, if an accident occurs off business hours, there is no medical coverage extended to a vehicle that is furnished for your regular use but not scheduled on the personal policy.
This endorsement allows you to extend liability and "medical payments" coverage to that vehicle.
My question regards the latter coverage - medical payments. I've always "assumed" that that would be your personal injury protection coverage, but as I read the form, maybe you are supposed to schedule a medical payments limit and PIP will not apply.
Any had a claim on this and really tested the coverage?
Standard claim scenario would be you use your company furnished vehicle to go on a trip over the weekend and are in an accident were multiple family members are injured and require medical treatment (for this example, all are direct family members - father, mother, son, daughter, etc). Does PIP pay for the injuries?
Second scenario would be same as above, however there is a non-family member in the vehicle, perhaps the friend of one of your children? How does coverage react for the non-family member.
Now I know that the liability policy for the company is going to play primary here, up to policy limits. My main concern is how medical is address for both family and non-family.
Thanks for your consideration. PS. State I'm primarily interested in is NJ, though it should be similar for other states depending on PIP/medical payment laws.