Texas auto insurance - Study guides, Class notes & Summaries

An example of a direct cause would be? - Answer- Water Damage as a result of fire fighters putting out a fire. This can be found on a schedule part of an insurance agreement. - Answer- name of the insured , location of property , and premium and effective date of coverage An insurance agency that conducts business in its home state is called? - Answer- Domestic Business If a Texas Insurance Company is set up business in a foreign County it is known as? - Answer- Alien Business These ...

TEXAS PROPERTY AND CASUALTY INSURANCE EXAM 2024 VERSION 3 WITH 250 REAL EXAM PRACTICE QUESTIONS AND CORRECT ANSWERS/ ACTUAL TEXAS PROPERTY & CASUALTY INSURANCE EXAM ANSWERED (BRAND NEW!!) Which organization is considered the insurer of last resort for workers' comp insurance? - ANSWER-Texas Mutual Insurance Company In Texas, a personal auto policy may be canceled for all of the following except: - ANSWER-insured is 55+ All of the following are grounds for a license application to be...

Texas All Lines Adjuster Laws & Regulation Review Quiz Lifetime income benefits, employee-reported injury, Workers' compensation insurance, employee under the laws of the state of Texas, issuance of the permanent policy, homeowner's policy, personal injury protection (PIP), commercial auto liability policy, Texas Automobile Insurance Plan Association, automobile liability insurance, acceptable forms of proof of financial responsibility, nonrenew a personal auto policy, Texas Motor Vehicle S...

Texas Insurance License Exam Prep P&C Questions and Answers Already Passed What are 3 subjects an auto policy covers? *correct answer*1. Body 2. The vehicle 3. Assets Bodily Injury Types *correct answer*Personal Injury Med Pay Uninsured Motorist No Fault Insurance *correct answer*State stipulates that parties cannot file a claim to the other persons insurance policy unless required in excess. Instead, each party is required to file a primary claim against their own insurance regardles...

Texas Insurance License Exam Prep P&C Questions with 100% Correct Answers What are 3 subjects an auto policy covers? 1. Body 2. The vehicle 3. Assets Bodily Injury Types Personal Injury Med Pay Uninsured Motorist No Fault Insurance State stipulates that parties cannot file a claim to the other persons insurance policy unless required in excess. Instead, each party is required to file a primary claim against their own insurance regardless who is at fault. EX. Florida Finan...

Texas Auto Insurance Exam Questions and Answers An example of a direct cause would be? - ANSWER-Water Damage as a result of fire fighters putting out a fire. This can be found on a schedule part of an insurance agreement. - ANSWER-name of the insured , location of property , and premium and effective date of coverage An insurance agency that conducts business in its home state is called? - ANSWER-Domestic Business If a Texas Insurance Company is set up business in a foreign County it is k...

Texas All-Lines Adjuster course Final Exam [QUESTIONS AND CORRECT ANSWERS) VERIFIED ANSWERS 2024/2025 A severe thunderstorm damaged a policyholder's residence. He called and asked how long it would be before he receives payment for his claim. Which of the following would NOT be an appropriate response? - CORRECT ANSWER We have 6 months to reach a final settlement with you. Which of the following is a TRUE statement concerning auto physical damage coverage under a Personal or Busi...

Texas Property and Casualty Insurance Exam Questions with 100% Correct Answers The list of perils covered under a policy is found in which part of the policy Insuring agreement 3 multiple choice options Which of the following statements pertaining to insurance companies is CORRECT? The primary purpose of a stock company is to earn profit for its stockholders. 3 multiple choice options The business Auto Coverage Form uses symbols to denote the vehicles to which each of the policy'...

Texas All Lines Adjuster exam Adjusting Test Questions and Answers A customer claims he tripped on a stair in John's Art Gallery and broke his leg. The only way the customer will have a successful claim against John's insurance is? - ANSWERJohn must be found legally liable for the incident Meredith was attending this Christmas party that was held at the Riverstone country club. While walking to the restroom she tripped and fell on one of the steps that was broken. The broken st...

All Lines Texas Adjuster Exam Questions & Answers Study Guide express authority, law of urgency, Dual capacity claims, personal auto policy, Personal Umbrella policy, Arbitration (ADR), Mediation, Building and Personal Property Coverage Form, Foreseeability Test, ACV (Actual Cash Value), Bid bonds/surety bonds, Commercial Building & Personal Property coverage form, Commercial Inland Marine policy, mutual insurance company, NAIC Model Unfair Claim Settlement Practices Act, Garage Coverage Form...