Caarp - Study guides, Class notes & Summaries

P+C practice test cards all answers correct Which type of protection can a casualty licensee offer in addition to protecting against loss or damage of property? They can provide coverage to protect against legal liability. The Managing General Agent negotiates and binds ceding insurance on behalf of whom? The insurer Who is able to place business through the California Automobile Assessed Risk Program? only agent/brokers licensed in fire and casualty who have also been certified throu...

A state-established program that requires insurers who write property insurance to accept risks in economically depressed areas in the same proportion as their other business bears to the total property insurance market is called the correct answer: Fair Trades Practice plan. A farmer is remodeling his 100-year-old farmhouse. He is in the process of painting the porch and hanging shutters. He keeps his ladder, paint, and other materials used to remodel his home under the porch. Which of the ...

Property & Casualty License Exam (Review) Questions and Answers 100% Correct A "personal lines" agent or broker is allowed to transact what type of insurance coverage? - Correct Answer ️️ -Noncommercial automobile and residential property. All of the following are PRINCIPLE rating factors in determining automobile insurance premiums EXCEPT: - Correct Answer ️️ -The zip code where the vehicle is housed. What is the primary function of The California Automotive Assigned Risk Plan ...

1 Can a lender, as a condition of making a loan, require that any insurance be placed through a particular insurance agent or broker? CORRECT ANSWER The loan recipient may always select a particular agent or broker of their choosing 2 A claimant can be any of the following EXCEPT CORRECT ANSWER EXCEPT a person who is conducting an investigation of a claim on behalf of an insurer 3 All of the following are to be specified in an insurance policy EXCEPT CORRECT ANSWER EXCEPT the financial rat...

1 Can a lender, as a condition of making a loan, require that any insurance be placed through a particular insurance agent or broker? - Correct Answer The loan recipient may always select a particular agent or broker of their choosing 2 A claimant can be any of the following EXCEPT - Correct Answer EXCEPT a person who is conducting an investigation of a claim on behalf of an insurer 3 All of the following are to be specified in an insurance policy EXCEPT - Correct Answer EXCEPT...

PSI CA Property and Casualty Practice Examination Questions and Answers 100% Correct 1 Can a lender, as a condition of making a loan, require that any insurance be placed through a particular insurance agent or broker? - Correct Answer ️️ -The loan recipient may always select a particular agent or broker of their choosing 2 A claimant can be any of the following EXCEPT - Correct Answer ️️ -EXCEPT a person who is conducting an investigation of a claim on behalf of an insurer 3 All ...

California Property and Casualty Insurance Exam Questions and Answers 100% Pass What is the required rate discount under a Good Driver Discount policy? - Correct Answer ️️ -20% below the rate the insured would have been otherwise charged for the same coverage All the following are authorized activities for the Limited Automobile Insurance Agent EXCEPT if the agent - Correct Answer ️️ -Charges and collects a brokers fee for service What is the procedure for refusing uninsured moto...

PSI CA Property and Casualty Practice Examination Questions and answers, 100% Accurate, rated A 1 Can a lender, as a condition of making a loan, require that any insurance be placed through a particular insurance agent or broker? - -The loan recipient may always select a particular agent or broker of their choosing 2 A claimant can be any of the following EXCEPT - -EXCEPT a person who is conducting an investigation of a claim on behalf of an insurer 3 All of the following are to be sp...

PSI CA PROPERTY AND CASUALTY PRACTICE EXAMINATION QUESTIONS WITH COMPLETE VERIFIED GRADED A+ 1 Can a lender, as a condition of making a loan, require that any insurance be placed through a particular insurance agent or broker? The loan recipient may always select a particular agent or broker of their choosing 2 A claimant can be any of the following EXCEPT EXCEPT a person who is conducting an investigation of a claim on behalf of an insurer 3 All of the following are to be specified in an...

PSI California Property and Casualty Insurance Adjuster Certification Exam || Over 75 Questions & Solutions (Rated A+) PSI California Property and Casualty Insurance Adjuster Certification Exam || Over 75 Questions & Solutions (Rated A+) 1 Can a lender, as a condition of making a loan, require that any insurance be placed through a particular insurance agent or broker? - ANSWER - The loan recipient may always select a particular agent or broker of their choosing 2 A claimant can be any of...