Texas All lines adjuster license Auto Liability chapter 7 Question with complete solution 2023

Texas All lines adjuster license Auto Liability chapter 7 Question with complete solution 2023What is the minimum liability coverage for bodily injury $30,000 per person and $60,000 per accident. What is the limit on property damage per auto accident $25,000 What is 30/60/25 The current minimum limits of liability coverage for bodily injury are $30,000 per person and $60,000 per accident. The property damage limit is $25,000 per accident this is known as 30/60/25 What is the automatic deductible amount under property damage coverage $250 Uninsured/underinsured motorist coverage protection against damages caused by a motorist with no or insufficient insurance. If you don't want UM/UIM you must reject it in writing What are the penalties for FIRST offense violating the states financial responsibility laws (no liability insurance) First offense fine of $175-$350 What are the penalties for multiple offenses after the first offense of not having liability insurance $350-$1,000 fine, suspension of driver license and/ or impoundment of your automobile. What is the penalty if you are in an accident with serious injuries or death $4,000 maximum fine or 1 year in jail or both. What is the penalty for driving without a drivers license $2,000 maximum fine or 180 days in jail or both. What are the factors companies typically used to set premiums -Your age for younger d