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GUARANTEE EXAM (Washington Personal Lines) Questions And Answers With Verified Solutions Already Passed!!! $12.99   Add to cart

Exam (elaborations)

GUARANTEE EXAM (Washington Personal Lines) Questions And Answers With Verified Solutions Already Passed!!!

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GUARANTEE EXAM (Washington Personal Lines) Questions And Answers With Verified Solutions Already Passed!!!

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  • October 2, 2024
  • 10
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • Personal lines
  • Personal lines
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GUARANTEE EXAM (Washington
Personal Lines) Questions And Answers
With Verified Solutions Already
Passed!!!
under coverage b- other structures, a homeowners policy provides coverage for
other structures on the residence premises. which of the following statements is not
true of this coverage ? - ANSWERS✔✔any losses paid under coverage B reduces
the coverage A limit of liability


an insured has an auto policy with limits of 100/300/50 and a deductible of $1,000.
He is involved in an auto accident and crashes into another drivers auto. the other
driver is awarded 125,000 for his injuries and 25,000 for the damage to his car.
The insureds vehicle has damage in the amount of 1,200. the total payment made
under the insureds policy is - ANSWERS✔✔$125,200


which of the following perils is NOT covered the DP-2? - ANSWERS✔✔damage
to pets, birds, or fish


which of the following would not be eligible for coverage under a personal auto
policy ? - ANSWERS✔✔a vehicle 90 days ago


producer license are valid from the initial licencing or reinstatement period until -
ANSWERS✔✔the last day of the licenses birth month plus 1 year


the deducible under earthquake coverage is stated as what ? -
ANSWERS✔✔Percentage of loss

, which of the following describes an insurers responsibility for payment under a
policy, as stated in the common policy provisions? - ANSWERS✔✔limits of
liability


the owner of a rental dwelling, insured under a DP-2, turns off the heat in the
insured dwelling during the winter months because the dwelling is not occupied.
The buildings water pipes freeze and break, causing damage. how will the policy
react to this loss? - ANSWERS✔✔The loss is excluded from coverage


which of the following is NOT one of the separate accounts of the Washington
property and casualty insurance guaranty association? - ANSWERS✔✔mortgage
insurance


homeowners policies consider all of the following insured locations EXCEPT -
ANSWERS✔✔a) land owned by the insured on which his new home is under
construction


b) an individual cemetery plot


c) the hotel ballroom rented by the insured for a family reunion


****D) a strawberry patch owned by the insured ******


which of the following situations would NOT be an acceptable reason to nonrenew
a policy? - ANSWERS✔✔the insured moves homes before the expiration date


all of the following are unfair claims settlement practices EXCEPT -
ANSWERS✔✔suggesting negotiations in settling the claim

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