TEXAS INSURANCE LICENSE EXAM
2024-2025 LATEST ACTUAL EXAM
QUESTIONS AND DETAILED CORRECT
ANSWERS (VERIFIED ANSWERS) | A+
GRADE GUARANTEED PASS
An insurer may cancel a personal automobile policy on its
12 month anniversary by providing how many days'
advance notice of its intent?
A. 5
B. 10
C. 20
D. 30 Correct Answer D
In order to non-renew a personal automobile policy, an
insurer must provide how many days' advance notice to
the policyholder?
A. 10
B. 20
C. 30
D. 45 Correct Answer C
The minimum limits under the Texas Motor Vehicle Safety
Responsibility Law are
A. 15/30/5
B. 20/30/5
C. 20/40/10
D. 30/60/25 Correct Answer D
,All of the following vehicles are exempt from the
compulsory insurance law EXCEPT
A. vehicles that are self insured
B. vehicles for which a bond has been filed with the
Department of Insurance
C. vehicles that are used exclusively on public highways
D. vehicles for which a cash deposit has been made with
the state treasurer Correct Answer C
Operating a motor vehicle without the required insurance
is a misdemeanor punishable by a fine of between
A. $175 and $350 for the first offense
B. $175 and $350 for subsequent offenses
C. $350 and $1000 for the first offense
D. $1000 and $3000 for subsequent offenses Correct
Answer A
Under Texas law, an insured may do which of the
following with regard to the provision of uninsured
motorists property damage?
A. Double the amount of the coverage upon written
request to the insurer
B. Elect coverage for the same amount as the policy's
liability limit
C. Reject the coverage by notifying the insurer of their
intention to do so
D. Reduce the coverage below the liability limit of the
policy Correct Answer B
,An insurer may cancel a commercial auto policy for any of
the following reasons EXCEPT
A. fraud in obtaining the policy
B. failure to pay parking fines when due
C. an increase in the hazard insured against
D. inability of the insurer to renew a reinsurance
agreement Correct Answer B
PIP covers medical and funeral expenses incurred within
how long from the date of the accident?
A. 1 year
B. 2 years
C. 3 years
D. Unlimited time Correct Answer C
To receive compensation for a work related injury, an
employee (or someone acting for the employee) must
notify his employer within how long after an injury?
A. 24 hours
B. 7 days
C. 30 days
D. 1 year Correct Answer C
Generally, to receive compensation for a work related
injury, a claim for compensation must be filed with the
DWC within
A. 1 week of the date of injury
B. 1 year of the date of the injury
C. 1 year of the date the disability ends
D. 2 years of the date the disability ends Correct Answer B
, Under workers' compensation law, income benefits may
not be paid for an injury unless the injury results in
disability that lasts longer than
A. 48 hours
B. 1 week
C. 1 month
D. 1 year Correct Answer B
Under Texas workers' compensation law, lifetime income
benefits are paid at what percentage of the employee's
average weekly wage?
A. 25%
B. 50%
C. 75%
D. 100% Correct Answer C
Which of the following statements regarding workers'
compensation insurance is NOT correct?
A. All employers domiciled in Texas are required to obtain
workers' compensation insurance coverage for their
employees.
B. Worker's compensation's primary advantage for the
injured employee is that it provides a quick and certain
means of compensation.
C. Worker's compensation protects the employer from tort
liability.
D. Worker's compensation provides compensation to
employees who are injured on the job, without regard to
fault or negligence on the part of either the employer or
employee. Correct Answer A
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