NY Adjusters - AUTO

When would the New York Mandatory Personal Injury Protection Endorsement NOT be mandatory?

• If the insured already has medical expense coverage under another policy.
• It is ALWAYS mandatory.
• If the insured is under 18 years of age.
• If it's a commercial policy.

An insured has bodily injuries from an auto accident that are eligible under Medical Payments and eligible under the Personal Injury Protection (PIP). Which coverage would apply first?

• Medical payments are PRIMARY and the PIP would pay after the medical payments are exhausted.
• PIP IS PRIMARY, Medical payments are secondary and only pay after the limits of the PIP are exhausted
• It would be split pro-rata.
• It would be split evenly between the two coverages.

How much can the fine be for driving without insurance?

• $250
• $500
• $1,500
• $2,000

If our driver's license is revoked for driving without insurance, how much is the fee to get it reinstated?

• $1,250
• $500
• $750
• $1,500

George causes an auto accident and is found to be liable in court. The two injured people are awarded $40,000 each for their bodily injuries, the bonds cost $300 and George missed two days of work which cost him $800 in lost wages. What amount is eligible under George's personal auto policy in which he carries liability limits of 50/100/20?

• $80,750
• $50,000
• $100,000
• $81,100

HDX Insurance receives a partial loss motor vehicle physical damage claim on Monday, April 3rd. If it decides to inspect the damages before the repair, what is the deadline for completing this inspection?

• Monday, April 9th
• Thursday, April 11th
• Friday, April 5th
• Tuesday, April 10th

What is the most that a single person can receive for bodily injury under the MVAIC (Motor Vehicle Accident Indemnification Act)?

• $25,000
• $30,000
• $50,000
• $10,0000

In New York, the Optional Basic Economic Loss Coverage:

• increases the Basic Economic Loss coverage limit to $75,000, but only for losses requiring psychiatric, physical, or occupational therapy.
• is automatically included on every policy, unless the insured declines it in writing.
• adds an additional $25,000 to the coverage limit available for Basic Economic Loss.
• adds non-economic losses, such as pain and suffering, to the definition of "Basic Economic Loss."

Which of the following people is eligible for coverage under the New York Automobile Insurance Plan (NYAIP)?

• Erin has been trying unsuccessfully for 4 months to obtain auto liability insurance. She stopped paying her premiums on her NYAIP and owes $500 in back premiums
• Jeni had her license revoked 45 days ago, and has been driving without insurance for 3 months.
• Marsha has tried, unsuccessfully, to obtain auto liability coverage from 4 private insurers in the past 65 days.
• Mary currently has auto insurance through Nationwide but wants to lower her premium by switching to a state-run program.

Brake discs are also known as:

• calipers
• stoppers
• rotors
• rotors