1/12/26, 4:54 PM Alabama Property and Casualty Exam Questions Exam (2026) UPDATE Verified Questions And Answers | With 100% Correct Ans…
Alabama Property and Casualty Exam Questions
Exam (2026) UPDATE Verified Questions And
Answers | With 100% Correct Answers graded A+
Guaranteed Success!!
Save
Terms in this set (101)
Under a Watercraft Policy, which of 1,2, and 3
the following would be covered?
1 - Bodily Injury
2 - Property Damage
3 - Medical Payments to Others
Who pays for the services of the d- Both the insured and insurer each pay for the
arbitrators under/uninsured motorist arbitrator they selected and both will split the
coverage? expense of the third arbitrator.
a - The Insurance Company Uninsured motorist coverage contains an
b- The Insured arbitration clause to settle disputes between the
c- The Party that wins the most as a insured and the insurer. Each party selects one
result of arbitration arbitrator and each pays for their own arbitrator.
d - Both the Insured and Insurer The two arbitrators select a third arbitrator. Each
each pay for the arbitrator they party will split the expenses of the third arbitrator.
selected and both will split the
expense of a third arbitrator.
https://quizlet.com/1129687199/alabama-property-and-casualty-exam-questions-exam-2026-update-verified-questions-and-answers-with-100-correct… 1/46
,1/12/26, 4:54 PM Alabama Property and Casualty Exam Questions Exam (2026) UPDATE Verified Questions And Answers | With 100% Correct Ans…
The insured carries $100,000 d - $75,000
underinsured motorist coverage
under his personal auto policy. He is The insured could collect up to $75,000. The other
injured by another driver who carries driver's policy would pay $25,000 and the insured's
$25,000 bodily injury limits. If the UIM coverage would pay the rest of the claim up
insured is injured to the extent of to $75,000.
$100,000, how much can he collect
under his underinsured motorist
coverage?
a - $25,000
b - $50,000
c - $100,000
d - $75,000
The insured carries collision and c - The insured is going around a curve and fails to
other than collision coverage. Which miss a large boulder in the road
of the following losses would be
considered a collision claim?
a - A rock rolls down a hill and strikes
the insured vehicle
b - The vehicle is damaged when a
flood occurs and a large log strikes
the vehicle
c - The insured is going around a
curve and fails to miss a large
boulder in the road
d - A tree falls on the vehicle causing
hood and glass breakage damage
https://quizlet.com/1129687199/alabama-property-and-casualty-exam-questions-exam-2026-update-verified-questions-and-answers-with-100-correct… 2/46
,1/12/26, 4:54 PM Alabama Property and Casualty Exam Questions Exam (2026) UPDATE Verified Questions And Answers | With 100% Correct Ans…
Making distinctions in the premium b - Unfair Discrimination
rates charged for insurance between
insureds or property having like Risks showing like characteristics must be treated
insuring or risk characteristics is an equally. Making distinctions on similar risks is unfair
example of: discrimination.
a - Rebating
b - Unfair Discrimination
c - Unfair Representation
d - False Underwriting
Commercial Building and Personal Dwellings.
Property Coverage Forms apply to
all of the following, EXCEPT: Dwelling Forms are available for dwellings.
Dwellings.
Buildings.
Business personal property.
Personal property of others.
Operating a motor vehicle in Class C misdemeanor.
Alabama that is not covered by a
liability insurance policy is Motor vehicle liability insurance is required in
considered a: Alabama. Operating a motor vehicle without it is
considered a Class C misdemeanor.
Class C misdemeanor.
Class A felony.
Class A misdemeanor.
Class B misdemeanor.
https://quizlet.com/1129687199/alabama-property-and-casualty-exam-questions-exam-2026-update-verified-questions-and-answers-with-100-correct… 3/46
, 1/12/26, 4:54 PM Alabama Property and Casualty Exam Questions Exam (2026) UPDATE Verified Questions And Answers | With 100% Correct Ans…
An "other insurance" clause is Duplicate insurance coverage.
included in an insurance policy to
deal with the problem of: The other insurance clause is included in an
insurance policy to provide a method of
determining how much of a covered claim each
Duplicate insurance coverage. insurer will pay when an insured carries more than
Excess insurance coverage. one insurance policy. Settling a claim on a pro-rata
Inadequate coverage. basis is an example wherein each insurer pays its
Conditional coverage. fair share of a loss, as determined by the
percentage that the insurer's limit bears to the total
coverage carried.
What is the purpose of an installation To cover property belonging to a contractor or
floater? others that is intended to become a part of a
structure
To cover property belonging to a The policy is used to supplement coverage
contractor or others that is intended provided by the commercial property forms. It
to become a part of a structure covers property off an insured's location and in
transit or at the job site awaiting installation or
To cover property to be installed at when it has been installed. Coverage ceases when
the insured's location the property has been accepted by the purchaser.
To cover property that has been
installed when the contractor has
completed the job and the work has
been accepted
To cover the insured's machinery,
tools and other equipment used to
install property to become a part of
a building
https://quizlet.com/1129687199/alabama-property-and-casualty-exam-questions-exam-2026-update-verified-questions-and-answers-with-100-correct… 4/46
Alabama Property and Casualty Exam Questions
Exam (2026) UPDATE Verified Questions And
Answers | With 100% Correct Answers graded A+
Guaranteed Success!!
Save
Terms in this set (101)
Under a Watercraft Policy, which of 1,2, and 3
the following would be covered?
1 - Bodily Injury
2 - Property Damage
3 - Medical Payments to Others
Who pays for the services of the d- Both the insured and insurer each pay for the
arbitrators under/uninsured motorist arbitrator they selected and both will split the
coverage? expense of the third arbitrator.
a - The Insurance Company Uninsured motorist coverage contains an
b- The Insured arbitration clause to settle disputes between the
c- The Party that wins the most as a insured and the insurer. Each party selects one
result of arbitration arbitrator and each pays for their own arbitrator.
d - Both the Insured and Insurer The two arbitrators select a third arbitrator. Each
each pay for the arbitrator they party will split the expenses of the third arbitrator.
selected and both will split the
expense of a third arbitrator.
https://quizlet.com/1129687199/alabama-property-and-casualty-exam-questions-exam-2026-update-verified-questions-and-answers-with-100-correct… 1/46
,1/12/26, 4:54 PM Alabama Property and Casualty Exam Questions Exam (2026) UPDATE Verified Questions And Answers | With 100% Correct Ans…
The insured carries $100,000 d - $75,000
underinsured motorist coverage
under his personal auto policy. He is The insured could collect up to $75,000. The other
injured by another driver who carries driver's policy would pay $25,000 and the insured's
$25,000 bodily injury limits. If the UIM coverage would pay the rest of the claim up
insured is injured to the extent of to $75,000.
$100,000, how much can he collect
under his underinsured motorist
coverage?
a - $25,000
b - $50,000
c - $100,000
d - $75,000
The insured carries collision and c - The insured is going around a curve and fails to
other than collision coverage. Which miss a large boulder in the road
of the following losses would be
considered a collision claim?
a - A rock rolls down a hill and strikes
the insured vehicle
b - The vehicle is damaged when a
flood occurs and a large log strikes
the vehicle
c - The insured is going around a
curve and fails to miss a large
boulder in the road
d - A tree falls on the vehicle causing
hood and glass breakage damage
https://quizlet.com/1129687199/alabama-property-and-casualty-exam-questions-exam-2026-update-verified-questions-and-answers-with-100-correct… 2/46
,1/12/26, 4:54 PM Alabama Property and Casualty Exam Questions Exam (2026) UPDATE Verified Questions And Answers | With 100% Correct Ans…
Making distinctions in the premium b - Unfair Discrimination
rates charged for insurance between
insureds or property having like Risks showing like characteristics must be treated
insuring or risk characteristics is an equally. Making distinctions on similar risks is unfair
example of: discrimination.
a - Rebating
b - Unfair Discrimination
c - Unfair Representation
d - False Underwriting
Commercial Building and Personal Dwellings.
Property Coverage Forms apply to
all of the following, EXCEPT: Dwelling Forms are available for dwellings.
Dwellings.
Buildings.
Business personal property.
Personal property of others.
Operating a motor vehicle in Class C misdemeanor.
Alabama that is not covered by a
liability insurance policy is Motor vehicle liability insurance is required in
considered a: Alabama. Operating a motor vehicle without it is
considered a Class C misdemeanor.
Class C misdemeanor.
Class A felony.
Class A misdemeanor.
Class B misdemeanor.
https://quizlet.com/1129687199/alabama-property-and-casualty-exam-questions-exam-2026-update-verified-questions-and-answers-with-100-correct… 3/46
, 1/12/26, 4:54 PM Alabama Property and Casualty Exam Questions Exam (2026) UPDATE Verified Questions And Answers | With 100% Correct Ans…
An "other insurance" clause is Duplicate insurance coverage.
included in an insurance policy to
deal with the problem of: The other insurance clause is included in an
insurance policy to provide a method of
determining how much of a covered claim each
Duplicate insurance coverage. insurer will pay when an insured carries more than
Excess insurance coverage. one insurance policy. Settling a claim on a pro-rata
Inadequate coverage. basis is an example wherein each insurer pays its
Conditional coverage. fair share of a loss, as determined by the
percentage that the insurer's limit bears to the total
coverage carried.
What is the purpose of an installation To cover property belonging to a contractor or
floater? others that is intended to become a part of a
structure
To cover property belonging to a The policy is used to supplement coverage
contractor or others that is intended provided by the commercial property forms. It
to become a part of a structure covers property off an insured's location and in
transit or at the job site awaiting installation or
To cover property to be installed at when it has been installed. Coverage ceases when
the insured's location the property has been accepted by the purchaser.
To cover property that has been
installed when the contractor has
completed the job and the work has
been accepted
To cover the insured's machinery,
tools and other equipment used to
install property to become a part of
a building
https://quizlet.com/1129687199/alabama-property-and-casualty-exam-questions-exam-2026-update-verified-questions-and-answers-with-100-correct… 4/46
