Casualty auto insurance - Study guides, Class notes & Summaries

What are 3 subjects an auto policy covers? - Answer 1. Body 2. The vehicle 3. Assets Bodily Injury Types - Answer Personal Injury Med Pay Uninsured Motorist No Fault Insurance - Answer State stipulates that parties cannot file a claim to the other persons insurance policy unless required in excess. Instead, each party is required to file a primary claim against their own insurance regardless who is at fault. EX. Florida Financial Responsibility Laws - Answer State Laws regulating ...

Pearson VUE: Casualty Insurance Practice Exam with correct Answers Latest Update 2024/2025( A+ GRADED 100% VERIFIED).

CALIFORNIA PROPERTY AND CASUALTY EXAM POOL QUESTIONS & ANSWERS VERIFIED & RATED A+ "What factor supportd the principle of indemnity? - Correct Answer Insurable interest" "The provision in a property policy which states that the insured has been paid up to their insurable interest is - Correct Answer Valuation clause" "The intentional relinquishment of known right is - Correct Answer Waivier" "A possibility of financially loss resulting from the ownership of p...

New York State Property and Casualty Licensing Exam Questions and Answers Graded A+ Pro Rata Liability Clause is included in an insurance policy to deal with the problem of Duplicate insurance policies The purpose of this clause is to illustrate the method to determine each insurer's liability in case of a loss. Each insurer pays its fair share determined by the percentage that the carrier's limit bears to the total coverage carried. pro rata liability If a loss occurs that is covered...

Utah Financial Responsibility of Motor Vehicle Owners and Operations Act correct answers 1. Requires operators of vehicles to carry proof of insurance coverage. 2. Designed to protect the public from losses resulting from a motor vehicle accident. 3. A driver who doesn't carry these requirements may lose their license, registration, plates, and a fine up to $1,000. 4. Proof of requirements must be located in the vehicle at all times. Utah Automobile Insurance Plan correct answers 1. Provi...

Super Tutor Exam Prep Property and Casualty California Edition ALL WHAT YOU NEED TO KNOW 2023,2024,2025,2026 (SOLUTION MANUAL) CONTENTS 1. Insurance Basics 2. Insurers & Agents 3. Contract & Tort Law 4. California Code & Ethics Personal Lines Insurance 1. Homeowner’s Insurance 2. Dwelling Policy 3. FAIR Plans, Flood Insurance, and Personal Inland Marine 4. Personal Auto Policy 5. Boatowner’s and Yacht 6. Personal Umbrella Commercial Lines Insurance 1. Commercial Package Pol...

Pearson VUE: Casualty Insurance Practice Exam 2023/2024|QUESTIONS & ANSWERS||100% VERIFIED ANSWERS||A+ GUARANTEE!!!

Pearson VUE: Casualty Insurance Practice Exam Questions with 100% Verified Correct Answers 2024/2025 An insured may cancel a Personal Auto Policy by taking which of the following actions? A. Paying the insurance company any past due premiums B. Waiting until the policy expiration date C. Giving written notice to the insurance company D. Informing the producer by telephone - Correct Answer C In insurance, which of the following terms refers to continuous or repeated exposure to co...

Pearson VUE: Casualty Insurance Practice Exam Questions and Answers 100% AccuratePearson VUE: Casualty Insurance Practice Exam Questions and Answers 100% AccuratePearson VUE: Casualty Insurance Practice Exam Questions and Answers 100% AccuratePearson VUE: Casualty Insurance Practice Exam Questions and Answers 100% AccurateAn insured may cancel a Personal Auto Policy by taking which of the following actions? A. Paying the insurance company any past due premiums B. Waiting until the policy e...

ISO Insurance Service Office To be licensed as a insurance producer in this state an individual must meet the following minimum qualifications: be at least 18 years old; Be of good moral character; have not been convicted of any felony or crime for the last 10 years that can be a ground for denial,suspension, or revocation of a license; Pass the required license examination; Pay the license fee of $25.00 Agency license must contain the licensee's name, address, personal identification numb...