Insurance Exam Pt 4 Questions & Answers
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Practice questions for this set
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Scheduled Personal Property
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In PURE contributory negligence states, when an individual is found to have
1
contributed to his or her own loss in any way, another party...
Open peril coverage for both the dwelling and personal property is provided by
2
the...
Which one of these Homeowners endorsements is used to schedule separate
coverage for one or more of nine categories of personal property?
Nancy has a Personal Auto policy with limits of 10/20/10 for Liability coverage. She
causes an accident that results in $12,000 bodily injury damages to the other driver
4
, and $5,000 in property damage to the other driver's car. How much would Nancy'
policy pay for both the BI and PD losses?
Don't know?
Terms in this set (25)
Which one of these Scheduled Personal Property
Homeowners
endorsements is used to
schedule separate
coverage for one or
more of nine categories
of personal property?
The insured has a $14,000
$1,000,000 Personal
Umbrella policy with a
retention limit of $1,000.
The insured suffers a
$15,000 loss that is
excluded by the
underlying policy, but not
the Umbrella. How much
of this loss would be paid
under the umbrella?
The Physical Damage Mechanical breakdown
section of the Personal
Auto policy excludes...
The insured has a No, the insured does not have to do anything;
Personal Auto policy with Liability coverage for a replacement vehicle is
all cars insured by one automatic
company. He sells one of
the cars and buys a new
one to replace it. Must
the insured take any
action for the liability
portion of his current
policy to apply to the
replacement vehicle?
Latest Updated Solution
Save
Practice questions for this set
Learn 2 /7 Study with Learn
Scheduled Personal Property
Give this one a try later!
In PURE contributory negligence states, when an individual is found to have
1
contributed to his or her own loss in any way, another party...
Open peril coverage for both the dwelling and personal property is provided by
2
the...
Which one of these Homeowners endorsements is used to schedule separate
coverage for one or more of nine categories of personal property?
Nancy has a Personal Auto policy with limits of 10/20/10 for Liability coverage. She
causes an accident that results in $12,000 bodily injury damages to the other driver
4
, and $5,000 in property damage to the other driver's car. How much would Nancy'
policy pay for both the BI and PD losses?
Don't know?
Terms in this set (25)
Which one of these Scheduled Personal Property
Homeowners
endorsements is used to
schedule separate
coverage for one or
more of nine categories
of personal property?
The insured has a $14,000
$1,000,000 Personal
Umbrella policy with a
retention limit of $1,000.
The insured suffers a
$15,000 loss that is
excluded by the
underlying policy, but not
the Umbrella. How much
of this loss would be paid
under the umbrella?
The Physical Damage Mechanical breakdown
section of the Personal
Auto policy excludes...
The insured has a No, the insured does not have to do anything;
Personal Auto policy with Liability coverage for a replacement vehicle is
all cars insured by one automatic
company. He sells one of
the cars and buys a new
one to replace it. Must
the insured take any
action for the liability
portion of his current
policy to apply to the
replacement vehicle?
