Auto Insurance Quiz 3

15問 • 4ヶ月前

問題一覧

When an auto Insurance policy is canceled by the insurer for an allowable reason other than nonpayment of the premium, how much prior notice must be given to the named insured?

30 days

In a personal auto policy, the medical payments coverage is similar to

Accident insurance, because it pays medical expenses for regardless of fault

With regards to the personal auto policy, in the event of a claim or loss, the insured is required to do all of the following EXCEPT

Immediately report to an emergency room for medical examination

An insured is driving her automobile and shreks.A large pot hole that causes a flat tire. Which coverage of the insured's personal auto policy will pay for the repair?

Loss is not covered

An insured is involved in an auto accident in another state. The state has a financial responsibility.Law that specifies limits of liability higher than the limits shown in the declarations. What amount will be insured's policy pay?

Higher limits

What is the purpose of the Assigned Risk Plan?

To provide auto insurance for applicants who were unable to obtain coverage through commercial insurers

If a covered auto is involved in an auto accident in another state, what happens to the limits of policy liability in a personal auto policy?

They adjust to at least the minimum limits of the other state

A common exclusion found under physical damage to your auto includes

Mechanical breakdown

Which of the following would NOT be covered under the liability section of a personal auto policy?

Bodily Injury caused by thr insured's negligence while driving a three-wheel all-terrain vehicle

According to the financial responsibility requirements set by the Motor Carrier Act of 1980, what is the minimum amount of insurance the company must carry for the transportation of non hazardous property?

$750,000

For the newly acquired auto coverage to apply, the named insured must notify the insurer about the vehicle within how many days of becoming the vehicle owner?

14 days

Under the Motor Vehicle Financial Responsibility Law, First Party Benefits would NOT be denied for which of the following injuries?

Injury incurred while the person was under the influence of drugs or alcohol

Which of the following losses would be covered under the property damage liability coverage of a personal auto policy?

The insured damages a rented garage when failed to stop in time

An automobile that is owned by multiple individuals who are not spouses or otherwise in the same household may be insured on their personal auto policy if

A joint ownership coverage endorsement is added

An insured has an auto liability policy with limits of 25/50/15. The insured is involved in an accident caused by her negligence and is held legally liable for bodily injuries of 3 persons in the other auto as follows: "A" $15,000, "B" $30,000, and "C" $35,000. How much will her insurer pay in total for all injuries?

$50,000

Auto Insurance Quiz 1

ユーザ名非公開 · 15問 · 4ヶ月前

Auto Insurance Quiz 1