4 optional coverages - Study guides, Class notes & Summaries

Florida No-Fault Tort Exemption - Those who comply with the law are granted limited immunity from suits of others through PIP coverage. 4 Exceptions to Tort Exemption(Threshold of No-Fault) – 1. Significant and Permanent loss of bodily function. 2.Permanent injury other than scarring and disfigurement. 3.Significant and Permanent scarring or disfigurement. 4.Death What does NFIP stand for? - National Flood Insurance Program Form SR-22 - Drivers Convicted of DUI or a traffic felony over...

TEXAS ALL LINES ADJUSTER EXAM 2023/2024 LATEST!! (More than 250 QUESTIONS AND VERIFIED ANSWERS) 100% CORRECT ANSWERS 1. Which of the following protects against legal liability for loss or damage to baggage? ~ Answer: Cargo Liability coverage. 2. Which of the following coverages is included as "no-fault" coverage on the standardized Personal Auto policy? ~ Answer: Medical Payments and Physical Damage. 3. Which of the following types of insurance companies is a non-pro...

IDAHO PROPERTY AND CASUALTY EXAM PREP 2023/2024 GRADED A+. 1. Which of the following statements is false with respect to requirements for rates? A) Rates may not be inadequate B) A purpose of the rate regulation is to diminish competition between insurers C) Rates may not be unfairly discriminatory D) A purpose of the rate regulation is to regulate cooperative action among insurers: B 2. The Businessowners Coverage Form to the Businessowners Policy provides coverage on which of the fol...

Florida 6-20 All Lines Adjuster Test| 276 questions| 50 Pages| With Complete Solutions Florida 6-20 All Lines Adjuster Test| 276 questions| 50 Pages| With Complete Solutions A public adjuster represents the interest of: A. The insurer B. The Insured C. The employer D. The interest of the general public - Correct Answer -B. The insured Which of the following is the type of report that indicates the initial results of a claim investigation? A. Field Report B. Interim Report C. Full Re...

CPCU 557 Chapter 2 Questions with correct Answers Graded A+ BPP Loss Conditions - ️️ Abandonment Appraisal Duties in the Event of Loss or Damage Loss Payment Recovered Property Vacancy Valuation Coinsurance Mortgageholder What are the 4 Loss Payment options? - ️️ 1. Pay the Amount of the Damage 2. Pay the cost of repairing or replacing the damaged property 3. Take all or any part of the property and pay either agreed or appraised price 4. Repair/replace with LKQ When will ...

BIC Business Income Coverage BIC Form has 2 versions: 1. Business Income (and Extra Expense) 2. Business Income (without Extra Expense) Both contain 4 optional coverages. BIC includes 4 optional coverages: 1. Maximum Period of Indemnity 2. Monthly Limit of Indemnity 3. Business Income Agreed Value 4. Extended Period of Indemnity 3 of the 4 suspend the Coinsurance Condition. 3 of the 4 optional coverages suspend the Coinsurance Condition: 1. Maximum ...

NY P&C EXAM Questions and Answers A Score Under the Equipment Breakdown Coverage Form, which of the following describes expediting expenses? - Payment for repairs which accelerate the period of restoration Expediting expenses are those which hasten the period of restoration. By getting the business up to speed more quickly, these expenses are offset by the ability to generate revenue sooner. Which of the following is covered by Coverage E of the Farm Property Coverage Part? - Schedule...

Florida Public Adjuster State Test Questions and Answers Rated A+ Florida No-Fault Tort Exemption Those who comply with the law are granted limited immunity from suits of others through PIP coverage. 4 Exceptions to Tort Exemption(Threshold of No-Fault) 1. Significant and Permanent loss of bodily function. 2.Permanent injury other than scarring and disfigurement. 3.Significant and Permanent scarring or disfigurement. 4.Death What does NFIP stand for? National Flood Insurance Program Form SR-2...

Florida No-Fault Tort Exemption - Those who comply with the law are granted limited immunity from suits of others through PIP coverage. 4 Exceptions to Tort Exemption(Threshold of No-Fault) - 1. Significant and Permanent loss of bodily function. 2.Permanent injury other than scarring and disfigurement. 3.Significant and Permanent scarring or disfigurement. 4.Death What does NFIP stand for? - National Flood Insurance Program Form SR-22 - Drivers Convicted of DUI or a traff...

Florida Public Adjuster State Test 2023 100% Correctly Answered Florida No-Fault Tort Exemption - CORRECT ANS Those who comply with the law are granted limited immunity from suits of others through PIP coverage. 4 Exceptions to Tort Exemption(Threshold of No-Fault) - CORRECT ANS 1. Significant and Permanent loss of bodily function. 2.Permanent injury other than scarring and disfigurement. 3.Significant and Permanent scarring or disfigurement. 4.Death What does NFIP stand for? - CORRE...