Texas All lines adjuster license Auto Liability chapter 7 correctly answered 2024/2025
Texas All lines adjuster license Auto Liability chapter 7What is the minimum liability coverage for bodily injury - correct answer $30,000 per person and $60,000 per accident? What is the limit on property damage per auto accident - correct answer $25,000? What is 30/60/25 - correct answer 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 - correct answer $250 Uninsured/underinsured motorist coverage - correct answer 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) - correct answer First offense fine of $175-$350 What are the penalties for multiple offenses after the first offense of not having liability insurance - correct answer $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 - correct answer $4,000 maximum fine or 1 year in jail or both. What is the penalty for driving without a drivers license - correct answer $2,000 maximum fine or 180 days in jail or both.
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texas all lines adjuster license auto liability ch
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