Motorists coverage - Study guides, Class notes & Summaries

Auto o A land motor vehicle; trailer or semitrailer designed for travel on public roads o Land vehicle subject to a compulsory, financial responsibility, or other motor vehicle insurance law where licensed or principally garaged o Does not include mobile equipment as defined Trailer Includes semitrailer Mobile equipment o Paragraph 6 of the definition specifically identifies several types of self‐propelled vehicles that are considered autos and not mobile equipment o a. Sel...

NEW YORK ADJUSTER EXAM 2024 ACTUAL WITH 300 REAL EXAM QUESTIONS AND CORRECT ANSWERS (100% CORRECT VERIFIED ANSWERS) NY ADJUSTER EXAM (BRAND NEW!!) Kelly would like to obtain an Independent Adjuster license in New York, however, she has been convicted of a felony involving dishonesty or breach of trust. Kelly plans to submit a 1033 Waiver from the Department of Financial Services so that she can begin looking for a job. Which of the following is NOT a requirement for the Superintend...

Arkansas Property and Casualty ExamPersonal Auto Policy - correct answer Part A: Liability Coverage Part B: Medical Payments Coverage Part C: Uninsured Motorists Coverage Part D: Coverage for Damage to Your Auto Part E: Duties After an Accident or Loss Part F: General Provisions You and Your - correct answer The named insured listed in the declarations, and the spouse if a resident of the same household. The named insured should always be the person or persons to whom the vehicle is titl...

RMIN 4000 Exam 3 - Topics 8,9,10 Questions and Answers 100% Pass How long is an auto insurance policy? usually 6 or 12 months Who writes auto insurance policies? ISO What is ISO? Insurance Services Office Five General Types of Coverage for Auto Insurance 1. Liability 2. Uninsured Motorist 3. Medical Payments 4. Damage 5. Convenience Coverage When is liability coverage implemented in auto? when you have a liability to a 3rd party for property damage (PD) or bodily injury (BI)...

Loss of a CD player installed in the vehicle dashboard - CORRECT ANSWER-Which of the following may be covered under the physical damage insuring agreement of a personal auto policy? Loss of a CD player installed in the vehicle dashboard, damage to the vehicle caused by an engine failure, theft of a CB radio, all of the above Large limbs and branches of a tree that have fallen onto the street as a result of a windstorm the injured collides with them - CORRECT ANSWER-The collision coverage ...

50% rule - you cannot recover if you are 50% or more at fault 51% rule - you cannot recover if you are 51% or more at fault additional coverages under Section I - debris removal of damaged property, reasonable repairs, trees and other plants, fire department service charge, unauthorized credit card use, loss assessment, collapse, ordinance or law, graves markers or landlord's furnishings appraisal - used when insured and insurer agree that loss is covered but disagree as to loss amount a...

The Insurance Services Organization CORRECT ANSWER is a rating bureau that creates standardized policy forms. The Standard Fire policy only covers CORRECT ANSWER the perils of fire, lightning and removal. In California, the maximum coverage limit under Uninsured Motorists coverage for property damage is CORRECT ANSWER $3,500. The minimum liability limit required by California law for auto is CORRECT ANSWER 15/30/5. If you carry the minimum limits, the most your policy would pay if yo...

New York State General Adjuster 17-70 Questions and Answers Graded A An employee has been asked to use his own personal vehicle to perform certain tasks on behalf of his employer. What coverage is used under the business auto policy to protect the employer for lawsuits when the employee has an accident that causes legal action against the employer? Employers non-ownership coverage. This coverage protects the employer and not the employee. The employee is covered under his own PAP policy. Repla...

RMIN 4000 Exam 3 - Topics 8,9,10 Questions and Answers | 100% Pass!! How long is an auto insurance policy? -Answer-usually 6 or 12 months Who writes auto insurance policies? -Answer-ISO What is ISO? -Answer-Insurance Services Office Five General Types of Coverage for Auto Insurance -Answer-1. Liability 2. Uninsured Motorist 3. Medical Payments 4. Damage 5. Convenience Coverage When is liability coverage implemented in auto? -Answer-when you have a liability to a 3rd party for property...

Manny is purchasing a Commercial Property policy with a Business Income form included. Manny can select from any of the following as a method to provide coverage, while avoiding the coinsurance requirement, EXCEPT: - CORRECT ANSWER The maximum monthly limit of indemnity optional coverage The traditional definition of actual cash value (ACV) is: - CORRECT ANSWER Replacement cost minus depreciation Sam and Dan are working to clean out the gutters around the roof on Sam's house. Sa...