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WorksheetsExam Quiz
Total questions: 22
Worksheet time: 11mins
Coverage for Damage to Your Auto
Part E
Part D
Part A
Part B
Under Part D, Within how many days must an insured report the purchase of a new
vehicle that is replacing an existing vehicle covered by collision coverage?
4
5
14
15
A ____________vehicle is a covered vehicle when Your Covered Auto is being
repaired due to a covered loss.
Temporary substitute
Substitute
The insurer will not settle or defend any claim or suit asking for damages.
True
False
The insurer will defend or settle any suit or claim that is not covered under this policy.
True
False
The limit shown in the Declarations is the most the insurer will pay in any one accident, regardless of the number of:
Claims made
Insureds
Vehicles involved in the accident
all of the above
The limit of liability is the most paid by the insurer regardless of all of the following,
except:
Number of vehicles involved
Number of insureds
Amount of surcharge to be applied to the policy
Premiums shown
Occupying – Means in, upon, getting in, getting on, getting out, or getting off a vehicle.
True
False
A family member includes a ward or
foster child.
True
False
An uninsured motor vehicle is any of the following, except:
A vehicle that does not have insurance
A company car
A vehicle insured by an insolvent insurance company
A vehicle with liability limits less than the state requirement
The upset of the covered vehicle or a non-owned auto, or its impact with another
vehicle or object, such as a tree.
Accident
Peril
Collision
The insurer will pay, without application of a deductible, a maximum of $___ per day, up
to $___, for transportation expenses incurred because of a collision or comprehensive loss.
30/600
40/500
20/400
20/600
The insurer’s limit of liability for a vehicle damaged by a loss under Part D is which
of the following?
Actual cash value
Replacement value
The lesser of actual cash value and replacement value
The greater of actual cash value and replacement value
Comprehensive covers all of the following losses, except:
Theft
Contact with a deer
Falling objects
Rollover
Which of the following is not a duty of the insured if the insured’s vehicle is damaged
when it hit a tree?
Promptly notify the insurance company
Submit a proof of loss
Submit to a physical exam
Call the police
Bankruptcy or insolvency of an insured does not relieve the insurer of its obligations under the policy.
True
False
The policy automatically terminates if the insured, or a legal
representative, fails to accept or pay for a renewal or continuation of the policy.
Cancellation
Automatic Termination
Non-renewal
Other Termination
If an insurer non-renews an insured’s policy for underwriting reasons, what is the
minimum number of days’ notice to the insured? (auto)
30
60
45
20
Designed for larger vessels, many of which have crew
members.
Yacht Policy
Boatowners Policy
Section I of the Boatowners policy provides what type of coverage for the hull?
Actual cash value
Open perils
Replacement cost
Stated value
In order to be considered a single occurrence, the Earthquake endorsement covers all
earth movement that occurs within what time period?
36 hours
72 hours
48 hours
12 hours
(Personal Umbrella Policy) Coverage is usually written in increments of $_____, with a single limit per occurrence
covering claims for both Bodily Injury/Property Damage, and Personal Injury in excess of the
insured’s underlying policy limits.
$500,000
$250,000
$1,000,000
$750,000
