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Florida Statues, Rules and Regulations Pertinent to Personal Lines Insurance Questions and Answers Rated A+
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Florida Statues, Rules and Regulations Pertinent to Personal Lines Insurance
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Florida Statues, Rules and RegulationsPertinent to Personal Lines Insurance
What type of structures are eligible for coverage in the Citizens Property Insurance
Corporation? – answer All types of structures
What organizations offers coverage on properties in areas of Florida deemed especially
susceptible to windstorm damages? - answer Citizens Property Insurance Corporation
In Florida, no-fault laws exempt an at-fault motorist who causes injury to another from
suits for recovery for noneconomic losses, such as pain and suffering, unless? - answer
There is permanent injury
Al, permanently injured by Jim in an accident, has total damages of $60,000. Al has PIP
and Uninsured Motorist coverage of $100,000. Jim has the minimum limit of liability
required by Florida. How much would Al collect under U/M? - answer$40,000
All of the following are characteristics of limited sinkhole coverage EXCEPT? - answer
Coverage is mandatory under catastrophic ground cover collapse.
What is the maximum service charge a general lines agent may charge per day year for
financial insurance premiums on policies issued by the agent? - answer$36
Which of the following types of health care plans allows the insured/subscriber to
choose health care from any qualified physician ? - answerCommercial insurance
company fee-for-service plan
According to Florida state law, before demanding litigation, parties may demand
mediation for all of the following EXCEPT? - answerPersonal injury claims filed for
$15,000 or more
If the cancellation of a property or casualty policy is for nonpayment of premium, how
many days' written notice of cancellation must be given to the policyowner? - answerAt
least 10 days
To satisfy Florida Financial Responsibility Law requirements, an automobile liability
policy must be written with limits not less than? - answer10/20/10
When an insurer plans to nonrenew a commercial property insurance policy, it must
give the policyholder a written notice of its intent to nonrenew at least how many days in
advance? - answer45 days
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