Joe is rear ended by someone with 10/20/15 liability limits. joe's vehicle repairs are $17,500

Policy Level Coverage

Quiz
•
Other, Business
•
Professional Development
•
Easy

Sandrene McGhie-Flemmings
Used 79+ times
FREE Resource
7 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
45 sec • 5 pts
Personal injury Protection (PIP)
Uderinsured Motorist BI/PD
Liab BI
MedPay
2.
MULTIPLE CHOICE QUESTION
45 sec • 5 pts
Joe was out of work for 1 week due to an accident and needs financial assistance.
Personal injury Protection (PIP)
UIMBI/PD
Liab BI
MedPay
3.
MULTIPLE CHOICE QUESTION
45 sec • 5 pts
What option describes the coverages listed in 25/50/25?
Bodily Injury/Total Claim Payout/Property Damage
Bodily Injury per person/Bodily Injury max per accident/Property Damage max per accident
Property Damage/Total Claim Payout/Bodily Injury
Bodily Injury per accident/Bodily Injury per driver/property Damage per vehicle
4.
MULTIPLE CHOICE QUESTION
45 sec • 5 pts
What are the 3 components of the insurance mechanism?
Applications, Endorsements. Accidents
Customer Service, Underwriting, Claims
Risk, Transfer, Pooling
Avoid, Reduce, Transfer
5.
MULTIPLE CHOICE QUESTION
45 sec • 5 pts
What type of coverage protects the insured's vehicle in the event of a hailstorm?
Property Damage
Roadside Assistance
Comprehensive
Collison
6.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
My main purpose is to provide a sense of financial security to an individual who operates a vehicle in the event they become involved in an auto accident. What am I?
Insurance
Risk
Transfer
PIP
7.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
Where would I find the different state Mandatory coverages & state minimum limits
Knowledge center and then click the State.
VMware then underwriting
Rate revision
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