LA Personal Lines Exam Questions And Answers 100% Pass
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Course
Personal Lines
Institution
Personal Lines
LA Personal Lines Exam Questions And
Answers 100% Pass
Which type of coverage limits apply to an insured's property at any location? - answerBlanket
An unforeseen loss that occurs at a specific time and place is - answeran accident
In general practice, can the Commissioner of Insurance inspect ...
LA Personal Lines Exam Questions And
Answers 100% Pass
Which type of coverage limits apply to an insured's property at any location? - answer✔Blanket
An unforeseen loss that occurs at a specific time and place is - answer✔an accident
In general practice, can the Commissioner of Insurance inspect the business records of a company or
agency for any valid reason? - answer✔Yes, because of the powers defined by state laws
Mutual companies are owned by which of the following? - answer✔Policyowners
Any of the following may be an unfair claims practice EXCEPT: - answer✔Refusing to pay person bringing
false or fraudulent claims
An HO-4 can be issued by which of the following? - answer✔A non-owner tenant of an apartment.
Damage caused by more than one peril at the same time is - answer✔a concurrent causation
The broad theft coverage endorsement on a dwelling policy includes coverage for all of the following
EXCEPT: - answer✔a personal injury
All of the following would be covered under Coverage A of a dwelling policy EXCEPT - answer✔an
outbuilding on the described remises that is rented as a private garage.
Under a homeowners policy, which of the following is NOT covered by personal injury coverage? -
answer✔Medical expenses of the insured.
Which is NOT covered other-than-collison coverage on an automobile policy? - answer✔Rollover
According to the law of agency, which of the following is considered the principal? - answer✔the Insurer
A subrogation clause allows an insurer to - answer✔take legal action against the responsible third party
PRIMARY purpose of the Fair Credit Reporting Act is to - answer✔protect consumers with guidelines
regarding credit reporting and distribution
Under automobile medical payments, the Insurer pays reasonable expenses for - answer✔Funeral
services
Under uninsured motorist coverage, which of the following does NOT cover the insured for bodily injury
as a result of an accident - answer✔An accident caused by the insured.
A homeowner wishes to purchase coverage for a home built in 1850. The home was constructed with
hand-carven crown molding banisters. The main customer? - answer✔HO-8
In the event of a loss, the dwelling fire policy "Other Insurance" condition specifies that - answer✔the
entire loss will be paid
Underinsured motorist coverage ONLY applies when the - answer✔driver of the vehicle that caused the
accident has insufficient liability limits that are lower than the underinsured motorist coverage on the
non-negligent driver.
Before receiving an insurance license, an applicant must - answer✔pay a license an application fee to
the Louisiana Department of Insurance
Which of the following would be covered under the uninsured motorists section of a personal
automobile policy? - answer✔A hit-and-run driver strikes an insured vehicle injuring a passenger in the
vehicle.
What coverage part in a homeowners policy includes building materials on the premises used to repair
the covered property? - answer✔dwelling
There are several duties an insured must perform to comply with the conditions section of their
insurance policy following a loss. One such duty would be? - answer✔cooperate with the insurer fully
Difference in conditions policies are usually written on - answer✔large risks with a reinsurance
requirement
Which of the following illustrates the concept of negligence? - answer✔A driver of a car carelessly
damages another car.
The type of construction that uses materials that can withstand fire for at least 2 hours - answer✔fire-
resistive
Which of the following would NOT be covered by a personal automative liability policy? - answer✔a
borrowed car
a motorcycle
In order to qualify for a Louisiana resident insurance producer's license, an applicant must meet all of
the following requirements EXCEPT - answer✔be at least 21 years of age.
Something that increases the probability of loss is called - answer✔a hazard
Loss settlement that takes a deduction for depreciation is called - answer✔actual cash value
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