Auto Insurance
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Call 631-259-6157 with questions or send a completed copy of the following application to
kane_michaelk@kibservices.com or by fax 631-204-6630 to begin marketing a proper and
cost efficient commercial auto insurance program for your business:
Liability Coverage
The liability coverage of the commercial auto policy provides protection against legal
liability arising out of the ownership, maintenance, or use of any insured automobile. The
insuring agreement agrees to pay damages for bodily injury or property damage for which
the insured is legally responsible because of an automobile accident resulting from the
ownership, maintenance, or use of a covered auto. The insuring agreement also states
that in addition to the payment of damages for which the insured is legally liable for, the
insurer also agrees to defend the insured for all legal defense cost. The defense cost is in
addition to the policy limits.
Medical Payments Coverage - The insuring agreement states that the insurer will pay all
reasonable and necessary medical and funeral expenses incurred by an insured
because of bodily injury caused by an accident. The insured is the named insured, the
insured's employees and guests, and any other person occupying a covered auto.
Payments are made without regard to fault.
Uninsured/Underinsured Motorist Coverage
Uninsured Motorist - This insuring agreement pays for bodily injury to an insured who is
injured by an uninsured motorist, a hit-and-run driver, or a driver whose insurer becomes
insolvent. These benefits are paid under the named insured's policy.
Underinsured Motorist - This coverage is added to supplement the Uninsured Motorist
Coverage, the coverage applies only when the other driver has liability limits at the time of
an accident, but the liability limits carried may be insufficient to pay for damages for which
the driver is responsible. This is when the insured's underinsured motorists coverage
would apply and payment for the difference could be made. The two coverages are
mutually exclusive and do not overlap or duplicate each other.
Any Automobile - Coverage is provided for any auto, including autos owned by the insured,
autos the named insured hires or borrows from others, and other non-owned autos used
of the business.
Owned Auto - Coverage is provided for all autos owned by the named insured. The owned
auto symbol is used for liability insurance only.
Non-Owned Autos - Coverage is provided only for autos not owned, leased, hired, or
borrowed by the named insured. Coverage includes autos owned by the insured's
employees or members of their households, but only while used in the named insured's
business or personal affairs.
Hired Auto - Coverage is provided only for autos leased, hired, rented or borrowed for use
in the named insured's business.
Physical Damage (PD) Coverages
Collision Coverage - This coverage provides protection against loss or damage to a
covered auto or a non-owned auto resulting from the impact with another vehicle or object.
Collision losses are paid regardless of fault.
Comprehensive Coverage - Comprehensive coverage provides protection against loss or
damage to a covered auto resulting from loss other than a collision or upset. This
coverage also provides for supplemental payments for transportation expenses in the
event of total theft of a covered auto or a non-owned auto. Coverage begins forty-eight
hours after the theft.
kane_michaelk@kibservices.com or by fax 631-204-6630 to begin marketing a proper and
cost efficient commercial auto insurance program for your business:
Liability Coverage
The liability coverage of the commercial auto policy provides protection against legal
liability arising out of the ownership, maintenance, or use of any insured automobile. The
insuring agreement agrees to pay damages for bodily injury or property damage for which
the insured is legally responsible because of an automobile accident resulting from the
ownership, maintenance, or use of a covered auto. The insuring agreement also states
that in addition to the payment of damages for which the insured is legally liable for, the
insurer also agrees to defend the insured for all legal defense cost. The defense cost is in
addition to the policy limits.
Medical Payments Coverage - The insuring agreement states that the insurer will pay all
reasonable and necessary medical and funeral expenses incurred by an insured
because of bodily injury caused by an accident. The insured is the named insured, the
insured's employees and guests, and any other person occupying a covered auto.
Payments are made without regard to fault.
Uninsured/Underinsured Motorist Coverage
Uninsured Motorist - This insuring agreement pays for bodily injury to an insured who is
injured by an uninsured motorist, a hit-and-run driver, or a driver whose insurer becomes
insolvent. These benefits are paid under the named insured's policy.
Underinsured Motorist - This coverage is added to supplement the Uninsured Motorist
Coverage, the coverage applies only when the other driver has liability limits at the time of
an accident, but the liability limits carried may be insufficient to pay for damages for which
the driver is responsible. This is when the insured's underinsured motorists coverage
would apply and payment for the difference could be made. The two coverages are
mutually exclusive and do not overlap or duplicate each other.
Any Automobile - Coverage is provided for any auto, including autos owned by the insured,
autos the named insured hires or borrows from others, and other non-owned autos used
of the business.
Owned Auto - Coverage is provided for all autos owned by the named insured. The owned
auto symbol is used for liability insurance only.
Non-Owned Autos - Coverage is provided only for autos not owned, leased, hired, or
borrowed by the named insured. Coverage includes autos owned by the insured's
employees or members of their households, but only while used in the named insured's
business or personal affairs.
Hired Auto - Coverage is provided only for autos leased, hired, rented or borrowed for use
in the named insured's business.
Physical Damage (PD) Coverages
Collision Coverage - This coverage provides protection against loss or damage to a
covered auto or a non-owned auto resulting from the impact with another vehicle or object.
Collision losses are paid regardless of fault.
Comprehensive Coverage - Comprehensive coverage provides protection against loss or
damage to a covered auto resulting from loss other than a collision or upset. This
coverage also provides for supplemental payments for transportation expenses in the
event of total theft of a covered auto or a non-owned auto. Coverage begins forty-eight
hours after the theft.
Copyright Kane Insurance Brokerage Services, LLC - All Rights Reserved 2007 / PRIVACY
We are a Socially, Environmentally and Physically Conscience Company
New York, NY Westhampton Beach, NY
212-784-6199 631-259-6157
212-784-6199 631-259-6157