Collision covera - Study guides, Class notes & Summaries

State Farm Exam Questions With Correct And Revised Answers Who owns thier renewals - answerIndependents Events that may NOT be recovered by insurance are - answerGambling, investing, market value of home What underlying coverages typically are required for an umbrella - answerAuto and Personal Conditions that prohibit assignments of the policy - answerTransfer of rights and duties Expectant interest are - answerNot insured Flood, power failure and earth movement are - answerExcluded on D...

Property and Casualty Insurance Licensing Exam(well answered)To prevent recovery beyond the amount of the insured's actual loss, the policy will contain: An Other Insurance Clause Collision coverage of an auto policy covers: a) road damage to the tires b) upset of the vehicle c) frozen engine block d) falling objects B) upset of the vehicle The maximum amount of payable for all losses resulting from one event is known as the: a) occurrence limit b) aggregate limit a) occu...