Personal auto policy - Study guides, Class notes & Summaries

Pearson VUE: Casualty Insurance Practice Exam 2024/2025 already graded A+

All of the following are true of Coverage B - Other Structures correct answers The amount of coverage provided by Coverage B is an amount equal to 10% of Coverage A, An example of an other structure would be a detached garage, This coverage is not applicable on the HO-4 policy form. Homeowners policies automatically provide an amount of insurance in Coverage B that is correct answers equal to 10% of the amount written as Coverage A. This amount may be increased by endorsement. An insured i...

NEW YORK INDEPENDENT FIRE ADJUSTER EXAM SIMULATOR - SERIES 17-64 RATED A+ Mason has suffered a $42,000 loss to his commercial building due to fire. The building is covered under the Building & Personal Property coverage form and had been vacant for 74 days. The insurer would have paid the entire loss if the building had been occupied, but what will they pay because the insured building was considered vacant? $28,980. $42,000. $6,300. $35,700. For a loss that would otherwise be covered for th...

Florida 6-20 All Lines Adjuster Test| 276 questions| 50 Pages| With Complete Solutions Florida 6-20 All Lines Adjuster Test| 276 questions| 50 Pages| With Complete Solutions A public adjuster represents the interest of: A. The insurer B. The Insured C. The employer D. The interest of the general public - Correct Answer -B. The insured Which of the following is the type of report that indicates the initial results of a claim investigation? A. Field Report B. Interim Report C. Full Re...

Final Exam 4-40 Questions and Answers 100% Pass The continuing education requirement to maintain a 4-40 license in Florida is: - Correct Answer ️️ -ten hours every two years A Personal Auto Policy (PAP) covers the insured in all places except: - Correct Answer ️️ -Mexico Joe is injured when the jack slips as he is changing a tire in his driveway. The bill for his treatment in the emergency room is $450. Where will Joe go first to collect for his medical expenses? - Correct Answer ...

1. Eligibility Requirements for an ISO Personal Auto Policy: 1. Ownership 2. Type of Vehicle 3. Usage In addition to meeting the eligibility requirements, clients must also meet the insurance company's underwriting requirements. Since underwriting requirements differ among insurance companies, company specific underwriting requirements are not part of this course. One more note regarding eligibility. It is important not to confuse eligibility with coverage, as eligibility does not determi...

PA Appraisal License 16-20 Auto Physical Damage Exam Questions and Answers 100% Solved In PA, a consumer reporting agency may list all of the following information about a consumer EXCEPT: - answerMedical Information The device that synchronizes the spark plug firing sequence is: - answerCamshaft Sensor If an insured fail to report a claim in a timely fashion the adjuster will usually: - answerSend the insured a reservation of rights letter When using a dedicated bench fixture to measure...

TEST FOR ADJUSTER PRO, FLORIDA STUDY(QUESTIONS AND ANSWERS)A+ GRADED EXAM 2023-2024 - CORRECT ANSWER-Subtract the deductible from covered damages to get indemnification - CORRECT ANSWER-6 unique characteristics of insurance policy 1 Contracts of adhesion (court ez win) 2 Utmost good faith 3 aleatory 4 personal 5 Unilateral (only insurer has obligation) 6 Conditional - CORRECT ANSWER-1945 regulate insurance Naic doesn't give benefits to comissioners 90 day to pay hijacking on...

All of the following are reasons that an adjuster should keep very detailed log notes, EXCEPT: correct answersTo produce notes that will support a fraudulent denial of claims. . The adjuster's log notes are used to determine negligent parties, to assist in detecting fraud, to become a part of the claims file, and to be used in future proceedings. The log notes are not intended to produce a fraudulent record to deny a claim. When a homeowners policy has been in effect for 60 days in New Yo...