Practice Test- Property and Casualty Insurance Washington State Accurate 100%.

Punitive damages are intended to do all of the following EXCEPT 1. compensate for actual financial losses. 2. discourage others from doing wrong. 3. discipline the insured. 4. make an example of bad behavior. - ANSWER compensate for actual financial losses When an insured selects symbol 2 on the automobile declarations, indicating coverage for any auto titled to the insured, which of the following automobile types will be covered? 1. any auto 2. mobile equipment 3. owned autos only 4. temporary substituted - ANSWER owned autos only All of the following are exclusions are found under the personal auto policy Part A liability coverage, EXCEPT 1. damage to property owned or being transported by the insured. 2. damage to property rented to, used by, or in the care of the insured. 3. motorized vehicles with fewer than four wheels or designed for off road use. 4. bodily Injury to an insured?s nonresident family member or relative. - ANSWER bodily injury to an insureds non resident family member or relative All of the following would be found on a declarations page EXCEPT 1. limits of insurance. 2. address of insured. 3. policy exclusions. 4