State farm auto policies - Study guides, Class notes & Summaries

Property and casualty insurance Exam Questions and Answers Updated Nov 2022. A banker is ready to close on a customer's loan. The bank is prepared to offer the loan but only if the customer purchases a life insurance policy from the bank in the amount of the loan. This is an example of A builder's risk form is most often written as which of the following? A building is insured, but no one has lived or worked in it for 10 years. The building is completely empty of any furniture or perso...

State Farm License - Homeowner and Auto policies Exam Questions With 100% Correct Answers What are the parts and sections in HP policy? Section I: Property Coverages Coverage A - Dwelling Coverage B - Other structures Coverage C - Personal Property Coverage D - Loss of Use Deductible: at least $250 Section II: Liability Coverages Coverage E - Personal Liability Coverage F - Medical Payment to Others No Deductible name insured person named on the Dec page and their spouse, if a res...

State Farm License - Homeowner and Auto policies Exam Questions With 100% Correct Answers What are the parts and sections in HP policy? Section I: Property Coverages Coverage A - Dwelling Coverage B - Other structures Coverage C - Personal Property Coverage D - Loss of Use Deductible: at least $250 Section II: Liability Coverages Coverage E - Personal Liability Coverage F - Medical Payment to Others No Deductible name insured person named on the Dec page and their spouse, if a res...

A: Liability - Protection againsy lawsuits if I am at fault in an auto accident Liability 100/300. (100?) - $100,000 of lawsuit protection in at fault accident if ONE claimant is suing Ex.) I hit Mikey and he is suing me for $120,000 for his neck injury. I am covered for $100,000, still have to pay $20,00 out of pocket. Liability 100/300. (300?) - $300,000 of lawsuit protection per accident if MORE THAN ONE claimant is suing. Ex.) I hit Mikey with Desiree and Ann and they are all suing me ...

Commercial Casualty II – CISR Exam 121 Questions with Answers In BAP what does liability section provide protection from claims for? - CORRECT ANSWER Bodily Injury and Property Damage for which insured is legally responsible for. In BAP physical damage section what type of protection? - CORRECT ANSWER provides coverage for damage to or loss of an insured's covered auto. What other BAP coverages can be added by endorsement? - CORRECT ANSWER Medical payments personal injury protecti...

Final Exam - Ohio Property and Casualty Insurance AND BUSINESS ALL ANSWERS CORRECT 2025 SOLUTION GUARANTEED GRADE A+ Sarah has a homeowner's policy which covers stolen property, and she has a computer stolen. Her insurer pays her 1k to replace the computer. Two weeks later, Sarah's computer is recovered by the police. Which of the following would be true in this scenario? Sara would have a choice of returning either the benefit or the computer to her insurer Colin is driving the company...

Pennsylvania Public Adjuster Examination--Series 16-19 Set 2 Latest Update Graded A+ The program trigger in 2016 under the Terrorism Risk Insurance Act covered property and casualty losses that exceeded ______ in the aggregate. In 2017, the program will cover losses that exceed _____ in the aggregate. A. $120 million,/ $140 million B. $100 million / $120 million C. $140 million / $160 million D. $90 million / $100 million A. The Act covers losses from a certified terrorism act tha...

©THESTAR 2024/2025 ALL RIGHTS RESERVED 11:32AM. A+ 1 Pennsylvania Public Adjuster Examination-- Series 16-19 Set 2 Exam Questions With Correct Answers 100% Verified. The program trigger in 2016 under the Terrorism Risk Insurance Act covered property and casualty losses that exceeded ______ in the aggregate. In 2017, the program will cover losses that exceed _____ in the aggregate. A. $120 million,/ $140 million B. $100 million / $120 million C. $140 million / $160 million D. $90 mill...

State Farm License - Homeowner and Auto policies Exam Latest updated

The process an insurer uses to evaluate applications and determine if a policy should be issued and on what terms, conditions, and rate is known as? - Underwriting The Director is conducting an examination of a foreign company transacting business in South Carolina. Who is responsible for the cost of the examination? - Foreign company Driver A has a personal auto policy with Part C: UM/UIM limits of 100/300. He is injured by Driver B who has Part A: Bodily Injury Liability Limits of 50/100. It...