Ga property - Study guides, Class notes & Summaries
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Ga Property & Casualty Insurance Study Guide with Complete Solutions 100% Verified
- Exam (elaborations) • 16 pages • 2024
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Ga Property & Casualty Insurance Study Guide with Complete Solutions 100% Verified 
Personal Automobile Policy - Correct Answer • Accounts for 40% of all premiums 
• Vehicles registered to individuals and operated primarily for personal activities 
o Driving to work is a personal activity 
o Policy allows use of vehicle for incidental business activities 
 
Financial Responsibility State - Correct Answer • Georgia is a financial responsibility state 
o To legally operate an automobile ...
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Georgia PROPERTY & CASUALTY QUESTIONS GA EXAM LATEST UPDATE 100+ QUESTIONS AND VERIFIED CORRECT
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Georgia PROPERTY & CASUALTY QUESTIONS GA EXAM LATEST UPDATE 100+ QUESTIONS AND VERIFIED CORRECT
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GA Property & casualty Insurance Exam | Questions & 100% Correct Answers (Verified) | Latest Update | Grade A+
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Replacement cost 
: the full cost to repair damage property or replace damaged property, with 
property of like kind and quality, at current pricing , without deduction for depreciation 
Market Value 
: the price a willing buyer would pay for property purchased from a willing seller 
under fair market conditions. 
Stated Value 
: means that the insurer bases the policy premium on the insureds statement of 
the property value. (However the insurers will pay the lesser the amount between the 
...
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GA PROPERTY & CASUALTY INSURANCE TEST- GA RULES & REGULATIONS QUESTIONS AND ANSWERS 100% PASS
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GA PROPERTY & CASUALTY INSURANCE 
TEST- GA RULES & REGULATIONS 
QUESTIONS AND ANSWERS 100% PASS 
GA Insurance Commissioner - Correct Answer ️️ -Ralph Hudgens 
- Serves as Chief Officer of Department of Insurance 
- Fire Marshall Chief 
-Elected every 4 years 
- Can run as as many time as you want 
- Reports to state legislature 
- Must not have a financial interest with an insurer 
- The Commissioner must appoint a chief deputy commissioner and when appointed 
they are required to have a $15...
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Ga Property & Casualty Insurance Study Guide Questions And Answers
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Ga Property & Casualty Insurance Study Guide Questions And Answers 
 
Personal Automobile Policy - ANS • Accounts for 40% of all premiums 
• Vehicles registered to individuals and operated primarily for personal activities 
o Driving to work is a personal activity 
o Policy allows use of vehicle for incidental business activities 
 
Financial Responsibility State - ANS • Georgia is a financial responsibility state 
o To legally operate an automobile in the state of Georgia, a pe...
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Exam FX GA Property and Casualty Study Guide Exam And Complete Answers 2024.
- Exam (elaborations) • 22 pages • 2024
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In Return for premium, and insurance company must.. - Answer Be Fair in underwriting and pay covered losses 
 
In return for premium, an insurance company must be fair and impartial in underwriting of risks and must pay claims made for all covered losses. 
 
The part of a policy that clarifies terms in the policy is the - Answer Definitions 
 
The valued policy statute applies in which of the following events? - Answer In the event of a total loss by fire to a one or two family residential...
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UGA History Exemption Test Questions and Answers 100% Pass
- Exam (elaborations) • 45 pages • 2023
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GA History Exemption Test Questions and Answers 100% Pass He was a spanish explorer who marched across Mexico and conquered the Aztecs Hernan Cortes 
He explored deep in USA, first to discover and cross the Mississippi River and claim it for Spain Hernando de Soto 
This man was a member of the English Parliament who founded the colony of Georgia. James Edward Oglethorpe 
Who was Georgia's 3rd and final royal governor who fled the colony after the start of the American Revolution? James Wright 
...
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GA PROPERTY & CASUALTY INSURANCE EXAM | QUESTIONS & 100% CORRECT ANSWERS (VERIFIED) | LATEST UPDATE | GRADEA+
- Exam (elaborations) • 21 pages • 2024
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GA PROPERTY & CASUALTY INSURANCE 
EXAM | QUESTIONS & 100% CORRECT 
ANSWERS (VERIFIED) | LATEST UPDATE | 
GRADEA+ 
Replacement cost 
Correct Answer: the full cost to repair damage property or replace damaged property, 
with property of like kind and quality, at current pricing , without deduction for 
depreciation 
Market Value 
Correct Answer: the price a willing buyer would pay for property purchased from a 
willing seller under fair market conditions. 
Stated Value 
Correct Answer: mean...
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Ga Property & Casualty Insurance Study Guide Latest 2024
- Case • 23 pages • 2023
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Ga Property & Casualty Insurance Study Guide Latest 2024
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GA PROPERTY & CASUALTY QUESTIONS EXAM with Verified Solutions 2024
- Exam (elaborations) • 30 pages • 2024
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GA PROPERTY & CASUALTY 
QUESTIONS EXAM with Verified Solutions 
2024 
The arbitration clause in a personal auto policy would be used in which of the following circumstances? 
A. The ins company and a pedestrian struck by the insured's auto cannot reach an agreement regarding 
the settlement of a claim. 
B. The insured and an injured 3rd party cannot reach an agreement regarding the settlement of a claim. 
C. The court have ruled against an injured 3th party. - Answer -B. The insured and an inju...
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