The Big I Virginia Spring 2020

• ISO inserted the statement “Coverage is not provided
on an agreed value basis” into the Coverage for
Damage to Your Auto (Maximum Limit of Liability)
PP 03 08 Endorsement.
• ISO withdrew the PP 03 10 Change Endorsement,
which was intended for use when the policy was
endorsed after the effective date.
• ISO made three changes to the PP 03 11 Underinsured
Motorist Coverage Endorsement to dovetail with
revisions in the base form:
o Addition of the volunteer or charitable use exception
wording.
o Incorporation of the personal vehicle sharing
exclusionary wording.
o Addition of the flying vehicle exclusionary wording.
• ISO revised the PP 03 21 Limited Mexico Coverage
Endorsement based on research that determined not
all accidents are considered criminal offenses in Mexico
as previously thought. The new warning replaces “are”
and “does” with less definitive language and now
reads:
AUTO ACCIDENTS IN MEXICO ARE SUBJECT TO THE
LAWS OF MEXICO, NOT THE LAWS OF THE UNITED
STATES. UNDER MEXICAN LAW, AUTO ACCIDENTS MAY
BE CONSIDERED A CRIMINAL OFFENSE AS WELL AS A
CIVIL MATTER. THE COVERAGE WE PROVIDE YOU BY
THIS ENDORSEMENT MAY NOT MEET MEXICAN AUTO
INSURANCE REQUIREMENTS.
• ISO made minor alterations to the Miscellaneous
Type Vehicle Endorsement PP 03 23, introducing a
mold exclusion under coverage Part D and adding a
definition of “fungi.” ISO also revised the exception to
Exclusion 7 to reinforce that coverage is excluded for
any motor home a named insured does not own when
used as a temporary substitute for a covered motor
home.
• ISO revised the PP 03 28 Miscellaneous Type Vehicle
Amendment (Motor Homes) Endorsement to allow
an insured to purchase liability, med pay, comp and/
or collision when a motor home that is “your covered
auto” is rented to others.
• ISO revised the PP 03 34 Joint Ownership Coverage
Endorsement to provide for a listing of joint owners
and, if the person is a non-resident relative, space for
name and address. ISO removed coverage information
from the endorsement because it’s found in the
declarations.
• ISO altered the PP 03 35 Auto Loan/Lease Coverage
Endorsement to address handling of interest from
deferred payments and primacy of coverage when
another source of gap coverage applies to the loss.
• ISO added other-than-collision coverage to the
schedule of coverages that can be suspended under
the PP 02 01 Suspension of Insurance Endorsement.
• ISO revised the Named Non-Owner Coverage PP 03
22 Endorsement to make physical damage coverage
an available option.
• ISO revised the PP 13 03 Trust Endorsement to
provide more flexibility to accommodate various trust
structures.
NEW ENDORSEMENTS
• The PP 33 05 Full Safety Glass Coverage Endorsement
applies when other-than-collision coverage is in effect
and the auto is listed in the endorsement.
• The Key Replacement and Related Services Coverage
PP 33 27 Endorsement pays, without application of a
deductible, for:
o Reasonable expenses to get into the car if the fob is
lost or stolen.
o The cost to replace and program keys or key fobs lost
or stolen.
o The schedule for each listed auto shows a maximum
limit.
• The Pet Injury Coverage PP 33 31 Endorsement
extends coverage from Part D and applies only when all
of the following conditions are met:
o Collision and other-than-collision coverage applies to
at least one vehicle.
o The dog or cat owned by “you” or a “family member”
is in the car at the time of the accident.
o The car qualifies as “your covered auto” or a “nonowned
auto.”
o Covered costs include vet expenses or costs to
cremate or dispose of the pet incurred within one year
of the date of loss. The limit is per occurrence.
• The PP 33 30 Child Restraint System Coverage
Endorsement provides coverage to replace a child
restraint system following an accident. Coverage
extends from Part D and applies only when all of the
following conditions are met:
o Collision and other-than-collision coverage applies to
at least one vehicle.
o The child restraint system is owned by “you” or a
“family member.”
o The child restraint system is inside “your covered
auto” or a “non-owned auto” at the time of the loss.
o The schedule or declarations shows a maximum limit,
which provides replacement with like kind and quality
without application of a deductible.
30 THE BIG I VIRGINIA SPRING 2020