Puerto Rico has a shortage of property capacity so the rules on non-admitted insurance do not apply to foreign insurers as long as they meet NAIC requirements. Standard fire perils include - fire, lightning, explosion. U.S. Gross Earnings available. U.S. Inspections are compulsory. Product Recall coverage is not available in the local market.
Coverage is compulsory.
Policy applies to the Insured and any licensed individual driving with the Insured's permission. Passengers are deemed to be Third Parties. Forms follow U.S. Excess coverage is available locally in the market. Extra-Territorial protection is available in certain instances. Medical Expenses and Occupational Disease benefits are provided by the Fund.