Business auto cove - Study guides, Class notes & Summaries

Haal in één keer je auto theorie-examen met deze samenvatting! De samenvatting bevat alle onderwerpen in het theorie-examen en is helemaal up-to-date. Het document bevat veel plaatjes en overzichten. Inclusief een gratis te oefenen theorie-examen die hetzelfde is als bij het CBR!

The Commercial Property policy applies a limit of what dollar amount for business personal property temporarily away from the premises? CORRECT ANSWER $10,000 What is the name of the organization created to provide auto insurance to individuals who have been unable to obtain it through the private market? CORRECT ANSWER The Connecticut Automobile Insurance Assigned Risk Plan Which term describes the situation when two policies covering the same property contain different policy periods? CO...

South Carolina Property and Casualty Insurance Exam Test 2024 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? - CORRECT ANSWERUnderwriting The Director is conducting an examination of a foreign company transacting business in South Carolina. Who is responsible for the cost of the examination? - CORRECT ANSWER-Foreign company Driver A has a personal auto policy with Part C: UM/UIM limi...

Doctrine of Respondeat Superior - Answer- Aka let the master answer Liability falls on the employer for the employees actions (as long as they were in the scope) Employers Nonownership liability - Answer- An employer's liability for its employees' operation of their autos in the employer's business. Covered by commercial auto insurance. Garage coverage form - Answer- contains optional garagekeepers coverage for insuring loss to customers' autos while they are int eh custody for ...

Tina is negotiating a lease in Hawaii. For which transaction is agency disclosure required? a.)A lease of any length and value b.)A lease that's longer than one year c.)A lease that's six months or longer d.)A lease with a total lease fee of $50,000 or more - ANSb.)A lease that's longer than one year Sean transferred ownership of his Big Island farm to his son. His son agreed to continue farming the property until/unless the land use classification or zoning changed OR until Sean's gr...