New york auto exam - Study guides, Class notes & Summaries

NEW YORK STATE AUTO DAMAGE AND THEFT EXAM QUESTIONS AND CORRECT ANSWERS VERIFIED BY EXPERTS |ACCURATE ACTUAL EXAM WITH RATIONALE AND FREQUENTLY TESTED QUESTIONS |ALREADY GRADED A+ |GUARANTEED PASS |LATEST UPDATE

In New York, insurers must maintain records pertaining to claims, rating, underwriting, marketing and other pertinent information for a period of: The law requires that these records be maintained for inspection and/or review for at least six years. Which of the following relieves the financial burden on the claimant by making certain payments to the claimant even before the claim is negotiated? Advance Payment. EXPLANATION: Most adjusters are given the authority to make advance pay...

New York auto exam 17-66 study set with Complete Solutions

New York Auto Exam 17-66 Questions And Verified Correct Answer In New York, insurers must maintain records pertaining to claims, rating, underwriting, marketing and other pertinent information for a period of: - ANSWER : The law requires that these records be maintained for inspection and/or review for at least six years. Which of the following relieves the financial burden on the claimant by making certain payments to the claimant even before the claim is negotiated? - ANSWER : A...

Which of the following is not a true statement regarding the use of non-original equipment manufacture replacement parts for vehicles? - insurers specifying the use of non-original equipment manufacture replacement crash parts shall not be required to pay the cost of any modifications to the parts which may become necessary to effect the repair.. The commercial auto policy can be used to cover which of the following? - A semi-trailer The penalty for failure to satisfy a coinsurance requirem...

In New York, insurers must maintain records pertaining to claims, rating, underwriting, marketing and other pertinent information for a period of: - The law requires that these records be maintained for inspection and/or review for at least six years. Which of the following relieves the financial burden on the claimant by making certain payments to the claimant even before the claim is negotiated? - Advance Payment. EXPLANATION: Most adjusters are given the authority to make advance paymen...

New York auto exam 17-66 study Guide

New York auto exam 17-66 study with complete solution

New York auto exam 17-66 Comprehensive Exam Latest Medical coverage under a personal auto policy will cover the insured if he/she is injured while: - Passenger on a bus. EXPLANATION: Personal auto medical coverage is available to the policyholder or a family member (resident relative) injured while occupying, or as a pedestrian, struck by a motor vehicle or trailer designed for use on public roads. It also covers any other persons while they are occupying your motor vehicle. It does not c...

New York auto exam 17-66 study with complete solution