John does not own a vehicle and borrows a friend's car and has an accident. John carries named non-owned auto coverage. Which of the following applies to the accident?

John's coverage is excess

The friend's coverage is excess since John has coverage

Both companies would share in the claim equally

John's coverage would pay the majority of the claim

Answer: John's coverage is excess

Alabama Property and Casualty

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All of the following statements concerning the use of life insurance as an Executive Bonus are correct EXCEPT
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Life insurance policies will normally pay for losses arising from
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Ambiguities in an insurance policy are always resolved in favor of the
In an insurance contract, the applicant's "consideration" is the
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How many pair of glasses in a 12-month period will a vision expense insurance plan cover?
The voluntary relinquishment of a legal right is called
What documentation grants express authority to an agent?
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All of the following are true regarding a decreasing term policy EXCEPT
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The pro rata liability clause is designed to protect the principle of
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What documentation grants express authority to an agent?

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