Stolen car Study guides, Class notes & Summaries

Texas Property & Casualty Insurance Exam Questions And Answers A condition or situation that presents a possibility of loss is a (an): - ANS exposure The purpose of insurance is to: - ANS transfer risk Which hazard can be described as a careless attitude or general indifference on the part of the insured toward the occurrence of loss? - ANS morale Which risk is insurable? - ANS pure With regard to insurance, risk can be defined as: - ANS uncertainty regarding los...

Your client calls to advise he/she needs insurance on a car leased from an automobile dealer. Which one (1) of the following policies is required? A. O.A.P. 1 Owner Form, suitably endorsed. B. O.P.F. #2 Driver's Form. C. O.P.F. #6 Non-owned Automobile Form, suitable endorsed. D. Garage Auto Form, suitably endorsed. - Answer-A. O.A.P. 1 Owner Form, suitably endorsed. Insurance under O.A.P. 1 Owner's Form, Section 7, Loss or Damage Coverages, is usually subject to a deductible. It does no...

According to NICB Stolen Vehicles that are not Recovered are often... CORRECT ANSWER -Shipped overseas or driven across US Borders -Surgically stripped -Retagged resold to unsuspecting consumers -Hidden or destroyed -Largest property loss in Illinois -An estimate average of 1 of every 147 registered motor vehicles were stolen nationwide Theft Indicators/Red Flags CORRECT ANSWER -Location and or use of equipment -Timing or type of transportation -Identification and markings -Sale pric...

PSI Personal Lines Insurance final exam Question and Answers Loss of a CD player installed in the vehicle dashboard 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 wi...

As methods of communication evolve, it's important for claims professionals to remember that any written claims communication may be a. Replaced with verbal communication b. Misinterpreted c. Edited later d. Subpoenaed - d. Subpoenaed Soft fraud occurs when a claim is exaggerated and is also referred to as a. Opportunity fraud b. Financial fraud c. Reimbursement fraud d. Victimless fraud - a. Opportunity fraud In which one of the following scenarios is the right of subrogation most l...

AINS 101 | 50 Question with 100 % correct answers | Verified Latest 2024 Graded A+ Which one of the following best explains why producers should be alert to changes in clients' loss exposures? A. Implemented risk management techniques may prove to be ineffective or become obsolete. B. Knowledge of such changes will inform their efforts to create a list of experts that can be called to assist. C. Producers can aid clients in developing risk management cost allocation plans. D. Producers hav...

Iowa casualty Question and answers 100% correct 2024 Iowa casualty The declarations section in a homeowners policy provides all of the following information EXCEPT - correct answer policy exclusions Which of the following is NOT a classification of a hazard? - correct answer speculative the defendant being releases on a surety bail bond is the - correct answer principal Which of the following terms means termination of an insurance policy at its expiration date by not offering...

Power to Arrest Final Exam Practice Questions and answers 2023Prevention - correct answer The security guard's role BEFORE a violation has been committed is to: Observe and report - correct answer What is the security guard's role AFTER a violation has been committed? Illegal and should never be done - correct answer Acting in such a way as to make someone think that you are a peace officer is: Politely ask what they are doing - correct answer You are patrolling a company parking lot ...

MPOETC CERTIFICATION TEST/151 QUESTIONS AND ANSWERS (A+) 1st Amendment (1791) - √Answer :Freedom of speech, religion and press and the right to petition Quiz :2nd Amendment (1791) - √Answer :Right to bear arms Quiz :3rd Amendment (1791) - √Answer :The government may not house soldiers in private homes without consent of the owner Quiz :4th Amendment (1791) - √Answer :Freedom from unreasonable search and seizures Quiz :5th Amendment (1791) - √Answer :Double jeopardy, ...

A condition or situation that presents a possibility of loss is a (an): CORRECT ANSWER exposure The purpose of insurance is to: CORRECT ANSWER transfer risk Which hazard can be described as a careless attitude or general indifference on the part of the insured toward the occurrence of loss? CORRECT ANSWER morale Which risk is insurable? CORRECT ANSWER pure With regard to insurance, risk can be defined as: CORRECT ANSWER uncertainty regarding loss Treating risk by purchasing insura...