Uninsured motorist - Study guides, Class notes & Summaries

Property and Casualty Exam- Louisiana/ 250 Q&A/ Already Graded A+. Terms like: What is surplus lines insurance? - Answer: Insurance placed with an unauthorized insurer How long is a waiting period upon purchase of flood coverage through NFIP? - Answer: 30 days Funding for the operation and administration of the Louisiana Insurance Guaranty Association comes from - Answer: Annual assessments paid by member insurers. Uninsured Motorist property damage coverage is subject to a deductib...

Texas all lines adjuster exam [QUESTIONS AND CORRECT ANSWERS) VERIFIED ANSWERS 2024/2025 All of the following are criteria for an accident to have occurred "in the course of" the employment under a workers' compensation policy, EXCEPT: - CORRECT ANSWER While performing a task that a fellow worker requested, that was unusual to the employee's job description, but occurred on the employer's premises during working hours. Which of the following statements is NOT TRUE regarding th...

TEXAS ALL LINES ADJUSTER EXAM 2024 WITH 100% CORRECT ANSWERS All of the following are criteria for an accident to have occurred "in the course of" the employment under a workers' compensation policy, EXCEPT: - correct answer While performing a task that a fellow worker requested, that was unusual to the employee's job description, but occurred on the employer's premises during working hours. Which of the following statements is NOT TRUE regarding the implied warranties of an Ocean M...

Auto Insurance - ANSWER--6 or 12 month policy -premiums usually paid monthly or quarterly 5 general types of auto coverage - ANSWER-1. liability 2. damage 3. uninsured motorist 4. medical payments 5. convenience coverage Personal Auto Policy (PAP) - ANSWER---3rd party coverages (payments to someone else): •Part A: Liability Coverage (required by state) --1st party coverages (payments to you): •Part B: Medical Payments Coverage •Part C: Uninsured Motorists Coverage •Part D...

NY State Vehicle Financial Responsiblity Law - 1. All vehicles except for emergency vehicles must carry liability insurance. Insurance satisfies the states requirement that auto owners have enough funds to pay for losses that they are legally liable for. 2. Proof of coverage must be carried. *Must include name and address of provider 3. Both the owner and the driver are legally liable for accidents. 4. The vehicle owners insurance is PRIMARY and will indemnify both the owner of the vehicle...

Commercial Casualty II – CISR Questions and Correct Answers 2024/2025 In BAP what does liability section provide protection from claims for? - Correct Answer Bodily Injury and Property Damage for which insured is legally responsible for. In BAP physical damage section what type of protection? - Correct Answer provides coverage for damage to or loss of an insured's covered auto. What other BAP coverages can be added by endorsement? - Correct Answer Medical payments personal injury pro...

PROPERTY AND CASUALTY PSI PRACTICE EXAM QUESTIONS WITH COMPLETE SOLUTIONS 2024 The Fair Credit Reporting Act permits consumer reporting agencies to include applicant information about bankruptcies MORE than 10 years old under which of the following circumstances? a. The applicant is employed in the financial industry. b. The applicant is a public or political figure. c. The applicant has been convicted of a felony or fraud. d. The applicant is seeking a transaction greater than $150,000...

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 Financial Responsibility Laws State Laws regulating that people are to carry a minimum covera...

In BAP what does liability section provide protection from claims for? CORRECT ANSWER-Bodily Injury and Property Damage for which insured is legally responsible for. In BAP physical damage section what type of protection? CORRECT ANSWER-provides coverage for damage to or loss of an insured's covered auto. What other BAP coverages can be added by endorsement? CORRECT ANSWER-Medical payments personal injury protection uninsured/underinsured motorist bodily injury and/or property damage l...

A leaky exhaust system should be repaired because it: A) Wastes gas and oil B) Causes the engine to run hot C) May allow dangerous fumes to enter the car D) Makes the engine hard to start and likely to stall - Answer - C Carbon monoxide is present in: A) Upholstery materials B) Motor oil C) Gasoline D) An engine's exhaust gases - Answer - D Studies have shown that under normal conditions the chances of a car being involved in an accident on an interstate highway is greater ...