PAPs Vs. BAPs: What's The Difference?
One of the most entertaining commentators on TV is Andy Rooney of “60 Minutes.” He often begins his discussion with a question: “Did you ever wonder ? If Mr. Rooney were to ever compare the personal auto policy with the business auto policy, he might wonder about the following items.
Did you ever wonder why the transportation expenses in the PAP are paid in the event of any covered loss, but such expenses under the BAP provisions are paid only for the total theft of the covered auto?
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