Texas auto insurance exam - Study guides, Class notes & Summaries

Texas Adjuster Exam If an automobile policy has split limits of 30/60/25. What is the maximum amount of liability coverage that would be paid in a covered loss where three people are involved. - ANSWER $30,000 Which of the following statements best describes an inland marine policy? - ANSWER Pertains to Cargo with no fixed location Alex is traveling through College Station...

Texas Property and Casualty Insurance Exam Questions with 100% Correct Answers Which of the following factors concerning the Garage policy is incorrect? -Section 1 is used to list the covered autos with their appropriate symbol - section II is liability coverage - Garage Operations other than covered auto relates to the ownership, maintenance or use of covered autos - Garage operations- covered autos is a coverage available under section II liability Garage Operations other than covered au...

Texas Insurance License Exam Prep P&C || All Questions & Answers (Graded A+) Texas Insurance License Exam Prep P&C || All Questions & Answers (Graded A+) What are 3 subjects an auto policy covers? - ANSWER - 1. Body 2. The vehicle 3. Assets Bodily Injury Types - ANSWER - Personal Injury Med Pay Uninsured Motorist No Fault Insurance - ANSWER - State stipulates that parties cannot file a claim to the other persons insurance policy unless required in excess. Instead, each party is r...

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 AUTO INSURANCE EXAM QUESTIONS WITH COMPLETE ANSWERS

2024 Texas Adjuster Exam Questions with Verified Answers If an automobile policy has split limits of 30/60/25. What is the maximum amount of liability coverage that would be paid in a covered loss where three people are involved. $30,000 Which of the following statements best describes an inland marine policy? Pertains to Cargo with no fixed location Alex is traveling through College Station and hits a deer, and the damages are $1500. He has comprehensive coverage with a $500 deduct...

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 Fx-Property and Casualty Exam 2024 Questions with 100% Correct Answers To be considered an insurable risk, a loss may NOT be catastrophic Which of the following persons would be required to hold a producer license? a nonresident agent who negotiates insurance contracts Which of the following is the oldest known type of insurance? ocean marine The contents coverage on a homeowners policy would pay how much after the loss of one of a pair of golden candlesticks? the diff...

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 Life, Accident, and Health Insurance Exam with Complete Solutions risk - answerchance of loss speculative risk - answer-involves the chance of gain or loss and is NOT insurable -ex: gambling pure risk - answerinvolves only the chance of loss and is insurable exposure - answerbeing subject to the possibility of loss because of an activity, location, or characteristics -second hand smoke -no control on exposure peril - answercause of loss natural peril - answerlightning, hail, hu...