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WorksheetsRISK 112 ( Ch.3)
Total questions: 33
Worksheet time: 17mins
If the insured has uninsured motorist coverage and was hit by an uninsured motorist, he will ……………….
Claim against his insurer.
Claim against the reinsurer.
Claim against the other driver.
Claim against the other driver's insurer.
If more than one auto policy covers a loss, ………………………
Reinsurer pays all compensation.
The insurer pays its pro rata share of the loss for an owned vehicle.
The insured receives full compensation from each company.
Either party cannot demand an evaluation of the loss.
Insurer may cancel the insurance policy if ……………………..
The insured has a valid driver's license.
The insured's file is free of any claims.
The insured doesn't have a valid driver's license.
The insured declared information.
Uninsured motorists' coverage doesn't apply when …………………..
The other car driver has enough insurance.
The other car driver is hit-and-run.
The other car driver is at fault.
Injury to the insured in a vehicle owned by him but not insured under the policy.
If you know that the cost of repairing the insured vehicle s 4.500 SR and the deductible is 5.000 SR, then the insurer will pay …………..
500 SR
Nothing
9.500 SR
4.500 SR
In auto insurance, collision coverage covers ……………..
Damage to the insured vehicle because of storms.
Damage to the insured vehicle due to collision with a tree.
Thefts of the insured vehicle.
Damage to the insured vehicle because of vandalism.
Under motor insurance, collision coverage excludes one of the following.
Damage from wear and tear.
Damage to the insured vehicle result of collision.
The insured hits an object.
Damage to the insured vehicle by an impact with tree.
……………… covers any property damage to the insured's vehicle caused by any accident other than collision.
Medical payment coverage.
Personal injury protection coverage.
Comprehensive coverage.
Liability coverage.
Conditions of uninsured motorist coverage include one of the following.
The insured vehicle is driven by a person has a valid driver's license.
The other car driver has liability insurance.
The insured must be at fault.
The other car driver hit-and-run.
In full coverage, the premium depends on ………………..
Color of the insured vehicle.
Insured vehicle value.
Name of the reinsurer.
Name of the agent.
Uninsured motorists' coverage doesn't apply when …………………
The other car driver is hit-and-run.
The other car driver has enough insurance.
The insured vehicle is used as a public livery.
The other car driver is at fault,
…………. Pays for damage to the insured vehicle caused by the insured striking something.
Collision Coverage.
Liability Coverage.
Comprehensive Coverage.
Property Coverage.
Gives coverage for the insured, when an accident is caused by an at fault driver who does not have liability insurance.
Uninsured motorist coverage.
Under-insured motorist coverage.
Collision coverage.
Comprehensive coverage.
Allows the injured party to sue only if the amount of damage exceeds the monetary limit.
A pure no-fault plan.
An add-on plan.
A modified no-fault plan.
Choice no-fault plans.
A-----------------------would disallow any lawsuits in connection with an accident.
Add-on plan
Pure no-fault plan.
Modified no-fault plan.
Choice no-fault plans.
The insurer has the right to cancel a policy in all the following cases EXCEPT:
The insured provide misrepresents information.
The insured loses his or her driver’s license.
The insured files too many claims.
The insured pay the premium.
A policy is automatically -----------------if the insured decline’s (late) the insurer’s offer to renew.
Accepted
Terminated
Nonrenewal
Renewal
Collision coverage doesn’t cover damages of the insured vehicle by natural disaster.
True
False
In case of a total loss, insurer pays the actual cash value of the insured vehicle minus deductible.
True
False
In motor insurance, deductible doesn’t affect in the premium.
True
False
In motor insurance, an insurer can cancel the policy at any time without any reasons.
True
False
For a total loss, the insurer pays the actual cash value of the insured auto plus the deductible.
True
False
Comprehensive coverage covers the costs to repair the insured vehicle for damage that might occur from fire.
True
False
Uninsured motorist coverage covered only bodily injury.
True
False
A policy Cancellations may be requested by either the insured or the insurer.
True
False
Collision coverage pays for the policyholder’s legal responsibility to others for bodily injury or property damage.
True
False
The insurer may cancel a policy at any time and for variety of reasons, such as after selling a car.
True
False
Full coverage may not include many types of optional coverages.
True
False
Collision coverage doesn't cover damages of the insured vehicle by natural disaster.
True
False
In the event of a partial loss, insurer pays the actual cash value of the insured vehicle.
True
False
In the event of a total loss, insurer pays the actual cash value of the insured vehicle plus deductible.
True
False
Insurer can cancel the policy at any time without any notification to the insured.
True
False
In auto insurance, comprehensive coverage covers the losses arising from a collision.
True
False
