New york auto - Study guides, Class notes & Summaries

New York Auto Appraisers Practice Test with correct Answers.

NY Independent General Adjuster Exam - Series 17-70 (+180 Questions and Answers |Guarantee Pass Dram Shop Liability refers to: {{Correct Ans- Liquor Law Liability. The insured has suffered a covered loss under his DP-3 dwelling form. He fails to protect the property from further loss. The additional loss that occurs as a result of his inactions may be denied because of what clause in the policy? {{Correct Ans- Neglect. To be eligible for the New York assigned risk auto plan a person mus...

All of the following are reasons that an adjuster should keep very detailed log notes, EXCEPT: - To produce notes that will support a fraudulent denial of claims. . The adjuster's log notes are used to determine negligent parties, to assist in detecting fraud, to become a part of the claims file, and to be used in future proceedings. The log notes are not intended to produce a fraudulent record to deny a claim. When a homeowners policy has been in effect for 60 days in New York, an insurer...

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New York auto exam 17-66 study exam fully solved &updated 2024.

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

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 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 : Advance ...

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 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...