GENERAL RULES AND PROCEDURES
1. TOURISTS AUTO POLICIES
The
following guidelines should be followed when issuing tourist policies:
-
Physical Inspection of each vehicle must be made “NO PHOTOS
REQUIRED”
-
The insured amount for comp/coll
should be based on actual cash value of the vehicle.
-
Coverage under tourist policies is in effect only while in
the
-
BINDING
PROCEDURES /EFFECTIVE DATES
Coverages will be bound for completed applications in
strict compliance with these underwriting rules and procedures. The effective
date of coverage will be determined by the following procedures:
A) Policies Transmitted via Web-Site
Policy is bound immediately given
agent mails application, and supporting documents to Auto International within 72
hours.
B)
Manual Applications
* By Fax and Mail - To bind coverage
fax completed application to Auto International before effective time and date
requested and mail with supporting documents within 72 hours.
* By Mail Only – A completed
application with supporting documents must be postmarked or received by Auto
International Within 72 hours after policy has been
sold or before the day which coverage is to be effective.
- No application will be processed unless the
following documents are submitted:
A) Registration of all vehicles
B) Valid Driver License of all
drivers
C) A fully completed application
PRODUCER
WILL BE HELD ACCOUNTABLE FOR MAILING OR CANCELING ANY APPLICATION SUBMITTED BY
FAX.
INCOMPLETE
OR INELIGIBLE APPLICATIONS WILL BE REJECTED WITHOUT COVERAGE AND WILL BECOME
THE RESPONSIBILITY OF THE PRODUCER.
TEMPORARY
PROOF OF INSURANCE
A DULLY COMPLETED APPLICATION, IN
STRICT COMPLIANCE WITH THIS UNDERWRITTING RULES AND PROCEDURES, SHALL BECOME
TEMPORARY PROOF OF INSURANCE WHILE THE POLICY IS BEING ISSUED BY AUTO
INTERNATIONAL INSURANCE. MEXICAN ADJUSTERS WILL ACCEPT THE INSURED’S COPY
OF THE APPLICATION AS EVIDENCE OF INSURANCE AFTER VERIFYING COVERAGE WITH AUTO
INTERNATIONAL INSURANCE. MOST LIENHOLDERS WILL ACCEPT THE LIENHOLDER COPY
OF THE APPLICATION AS EVIDENCE OF COVERAGE AND GRANT PERMISSION FOR VEHICLES TO
TRAVEL INTO
UNDERWRITING GUIDELINES
1. ACCEPTABLE
DRIVERS: Any driver who has a valid drivers license from
any state in the
2. UNACCEPTABLE
DRIVERS: Drivers with a
3. No MVR
required
4. No Surcharge
for tickets / accidents on driving record.
5. UNACCEPTABLE
VEHICLES:
- Vehicle value of $50,000 or more
- Commercial use vehicles
- Vehicles not registered in the
6.
Special/additional equipment is not covered. Custom, rebuilt, altered or
modified vehicles will be covered at Actual Cash Value BEFORE ANY ADDITIONAL
EQUIPMENT.
7. Salvaged vehicles
will be paid at 80% Actual Cash Value
8. One vehicle
per policy.