Idaho Regulation of Casualty Insurance Exam Questions and Answers (Graded A)
6 views 0 purchase
Course
Idaho Regulation of Casualty Insurance
Institution
Idaho Regulation Of Casualty Insurance
Idaho Regulation of Casualty Insurance Exam Questions and Answers (Graded A) Idaho Regulation of Casualty Insurance Exam Questions and Answers (Graded A) Idaho Regulation of Casualty Insurance Exam Questions and Answers (Graded A) Idaho Regulation of Casualty Insurance Exam Questions and Answers (G...
Idaho Regulation of Casualty Insurance Exam Questions and Answers (Graded A) State Minimum For Motor Vehicle Liability Insurance - ANSWER-$25,000 for one, $50,000 two/more, $15,000 for destruction of another's property.
consequences for unable to provide proof of financial responsibility - ANSWER-fine $75 for first offense. Second and after- fine up to $1000; imprisonment up to 6 mos county jail; or both a fine and imprisonment.
unisured motorist coverage - ANSWER-pays damages for bodily injury to an insured person who is legally entitled to collect damages from the owner or operator of a vehicle
that has no insurance, or from a hit0and0run vehicle where the owner or operator is unknown.
underinsured motorist coverage - ANSWER-pays damages for bodily injury to an insured person who is legally entitled to collect damages from the owner or operator of a vehicle with inadequate limits of liability insurance coverage.
insurer insolvency protection - ANSWER-applies only to accidents occurring during a policy period where its insured's uninsured motorist coverage is in effect and the liability insurer of the driver at fault becomes insolvent within one year after the accident.
Assigned risk plan - ANSWER-provides auto insurance to individuals who are unable to obtain policies through the normal market because they are considered high risk drivers.
Exclusive Remedy - ANSWER-Work comp component baring employees injured on the job from making a tort liability against the employers
$15,000 - ANSWER-Motor vehicle liability policies issued in Idaho must provide what minimum amount of coverage to pay for property damage in one accedent?
Compensation for pain and suffering - ANSWER-Which of the following benefits is NOT paid by workers comp: -compensation for pain and suffering
-funeral benefits
-medical benefits
-rehabilitation benefits
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller Valedict. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $8.99. You're not tied to anything after your purchase.
