AINS 102 Practice Exam question and answers 100% verified
AINS 102 Practice Exam question
and answers 100% verified
Correct
Incorrect
1 of 50
Term
Joe keeps a tiger cub as a pet in his fenced-in backyard. The tiger
escapes and bites a neighbor's child who requires stitches. Joe
argues that keeping the tiger violated no law and that he took every
precaution to restrain the tiger. Even if Joe is correct, he might face a
claim for damages based upon which one of the following?
Give this one a go later!
D. High property value C. Punitive damages
AINS 102 Practice Exam question and answers 100% verified
,AINS 102 Practice Exam question and answers 100% verified
A. Absolute liability D. Workers compensation
Don't know?
2 of 50
Term
Small boat policies are designed to cover boats up to a certain size.
Most of these policies
Give this one a go later!
D. Are typically sold as annual B. Are written on an actual
policies only. cash value basis.
A. Are written on a replacement
C. Cover boats regardless of size.
cost basis.
Don't know?
3 of 50
Term
Which one of the following statements is true regarding no-fault
automobile insurance?
AINS 102 Practice Exam question and answers 100% verified
,AINS 102 Practice Exam question and answers 100% verified
Give this one a go later!
AINS 102 Practice Exam question and answers 100% verified
, AINS 102 Practice Exam question and answers 100% verified
D. Most no-fault laws cover only C. No-fault laws apply only to
commercial vehicles. vehicle theft and vandalism.
B. Most no-fault laws apply
A. Most no-fault laws cover both
only to bodily injury and not to
bodily injury and property damage.
property damage.
Don't know?
4 of 50
Term
Andrew is a personal auto underwriter. Although the underwriting
process is automated for most routine accounts, Andrew is
knowledgeable of the various factors that must be considered when
his expertise is needed. Which one of the following factors will
provide information on the vehicle's safety features, and the
likelihood of theft or rollover?
Give this one a go later!
A. Absolute liability D. High property value
B. Endorsements C. Vehicle type
Don't know?
AINS 102 Practice Exam question and answers 100% verified
AINS 102 Practice Exam question
and answers 100% verified
Correct
Incorrect
1 of 50
Term
Joe keeps a tiger cub as a pet in his fenced-in backyard. The tiger
escapes and bites a neighbor's child who requires stitches. Joe
argues that keeping the tiger violated no law and that he took every
precaution to restrain the tiger. Even if Joe is correct, he might face a
claim for damages based upon which one of the following?
Give this one a go later!
D. High property value C. Punitive damages
AINS 102 Practice Exam question and answers 100% verified
,AINS 102 Practice Exam question and answers 100% verified
A. Absolute liability D. Workers compensation
Don't know?
2 of 50
Term
Small boat policies are designed to cover boats up to a certain size.
Most of these policies
Give this one a go later!
D. Are typically sold as annual B. Are written on an actual
policies only. cash value basis.
A. Are written on a replacement
C. Cover boats regardless of size.
cost basis.
Don't know?
3 of 50
Term
Which one of the following statements is true regarding no-fault
automobile insurance?
AINS 102 Practice Exam question and answers 100% verified
,AINS 102 Practice Exam question and answers 100% verified
Give this one a go later!
AINS 102 Practice Exam question and answers 100% verified
, AINS 102 Practice Exam question and answers 100% verified
D. Most no-fault laws cover only C. No-fault laws apply only to
commercial vehicles. vehicle theft and vandalism.
B. Most no-fault laws apply
A. Most no-fault laws cover both
only to bodily injury and not to
bodily injury and property damage.
property damage.
Don't know?
4 of 50
Term
Andrew is a personal auto underwriter. Although the underwriting
process is automated for most routine accounts, Andrew is
knowledgeable of the various factors that must be considered when
his expertise is needed. Which one of the following factors will
provide information on the vehicle's safety features, and the
likelihood of theft or rollover?
Give this one a go later!
A. Absolute liability D. High property value
B. Endorsements C. Vehicle type
Don't know?
AINS 102 Practice Exam question and answers 100% verified
