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Auto Insurance Snapshot Questions Louisiana Quiz Questions with correct answers
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Auto Insurance Snapshot Questions Louisiana Quiz Questions with correct answers
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Auto Insurance Snapshot QuestionsLouisiana Quiz Questions with correct
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What types of vehicles are covered under a personal auto policy? - Answer-The
following vehicles are covered under a personal auto policy : any vehicle listed on the
declaration page; newly acquired vehicles for 30 days; trailers owned by the insured;
and temporary substitute vehicles.
Define a newly acquired auto. - Answer-Any vehicle acquired by the insured during the
policy period.
Give an example of a non owned auto. - Answer-A nonowned auto is any private
passenger auto , pickup, van, or trailer operated, but not owned, by the named insured
or a family member; for example, a rental car.
What losses are excluded from coverage in the liability section of the personal auto
policy? - Answer-Excluded losses include intentional injury or damage; bodily injury to
an employee during the course of employment ; and use of a vehicle as a public or
livery conveyance. REVIEW TEXT FOR A COMPLETE LIST.
What does the liability section of the personal auto policy (PAP) protect the insured
against? - Answer-Liability coverage of the PAP protects the insured against loss arising
from legal liability when an automobile that the insured owns, operates or maintains is
involved in an accident.
What are the 4 ways that a motor vehicle can be classified as uninsured? - Answer-A
vehicle may be categorized as uninsured if
(1) there is no liability bond or insurance for the vehicle
(2) the bond or insurance is less than that required by thee financially responsibility laws
of the state in which the accident occurred
(3) The accident was a hit and run and the driver can not be identified
(4) The bonding company or insurance company denies coverage or is insolvent
When is uninsured motorist coverage applicable? - Answer-If the at-fault motorists has
insurance, but the limits aren't sufficient to cover the bodily injury.
Wha tis the definition of an uninsured motorist? - Answer-An uninsured motorist is an
individual who owns or operates a vehicle, but those liability insurance coverage does
not meet the state's financial responsibility limits.
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