NEW YORK INDEPENDENT GENERAL ADJUSTER EXAM SIMULATOR 85 QUESTIONS AND ANSWERS

Which of the following would NOT be found in the conditions section of a homeowners insurance policy? Subrogation rights Duties of the insured Insurance premium Mortgagee clause - ️️The insurance premium is not shown in the conditions section of the homeowner policy. Which of the following is true regarding dealers physical damage coverage under a garage policy? It is a blanket limit for covered autos. It extends coverage to customers' autos. It is an annual maximum limit for comprehensive and collision losses. It is a maximum limit per auto. - ️️It is a blanket limit for covered autos. EXPLANATION: The dealer's physical damage limit would be done on a blanket limit basis. This would apply to comprehensive and collision losses to the auto inventory of the dealer. This is done because it is simply not practical to schedule each dealer owned vehicle for physical damage. This is generally accomplished by the use of a monthly reporting form. Which of the following would not be considered an occupational disease? Black lung. Mesothelioma.