Personal Lines Exam Questions And Answers 100% Pass
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Course
Personal Lines
Institution
Personal Lines
Personal Lines Exam Questions And
Answers 100% Pass
The applicant's driving record - answerWhich of the following would be considered the most
important factor in determining the rates and premiums for an auto policy?
A surety bond for $50,000 obtained from a company licensed to do business in ...
Personal Lines Exam Questions And
Answers 100% Pass
The applicant's driving record - answer✔Which of the following would be considered the most
important factor in determining the rates and premiums for an auto policy?
A surety bond for $50,000 obtained from a company licensed to do business in California -
answer✔California's Compulsory Financial Responsibility Law requires every driver and every owner of a
motor vehicle to maintain financial responsibility (liability coverage) at all times. All of the following are
acceptable forms of financial responsibility EXCEPT
18 months - answer✔Any person who claims that he or she meets the criteria based on a driver's license
and driving experience acquired anywhere other than the Unified States of Canada is presumed to be
qualified to purchase a Good Driver Discount policy. If that person has been licences to drive in the
United States or Canada and meets the criteria for that period for at least the previous
The authority is authorized to transact insurance in this state as necessary to sell policies of basic
residential earthquake insurance, and is permitted to see policies for any other line of insurance
coverage. - answer✔All of the following statements are TRUE regarding the California Earthquake
Authority EXCEPT
Becomes a part of your residential property insurance policy - answer✔The purpose of the California
residential property disclosure statement includes all of the following EXCEPT
5 days - answer✔During a house fire, an insured moves an antique chair listed on the policy to a storage
unit. In the Standard Fire Policy, how many days will the antique chair be covered at the new location?
Only perils listed in the policy are covered - answer✔The Standard Fire Policy is a named perils contract,
which means
$5,000 - answer✔Jack and Jill each own a 50% interest in a swelling that is insured under a standard fire
policy issued to Jill to cover her interest in the structure. The amount of insurance is $40,000. Following
is $10,000 fire loss to the structure, Jill will receive
Named peril policy - answer✔The standard fire policy only covers those perils specified in the policy for
that reason it is known as a
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