LA personal Lines (Producer) Series 107 || QUESTIONS
WITH COMPLETE SOLUTIONS.
blanket correct answers Which type of coverage limits apply to an insured's property at any
location?
Yes, because of the powers defined by state law correct answers In general practice, can the
Commissioner of Insurance inspect the business records of a company or agency for any valid
reason?
an accident correct answers An unforeseen loss that occurs at a specific time and place is?
Policyowners correct answers Mutual companies are owned by which of the following?
Refusing to pay persons bringing false or fraudulent claims correct answers Any of the following
may be an unfair claims practice EXCEPT:
An Owner - occupant of a dwelling correct answers An HO-4 can be issued to which of the
following?
A current causation correct answers Damage caused by more than one peril at the same time is
Personal Injury correct answers The broad theft coverage endorsement on a dwelling policy
includes coverage for all of the following EXCEPT
An outbidding on the describe premises that is rented as a private garage correct answers All of
the following would be covered under coverage a of a dwelling policy EXCEPT:
Medical expenses of the insured correct answers Under a homeowners policy, which of the
following is NOT covered by personal injury coverage?
Rollover correct answers Which is NOT covered by other-than-collision coverage on an
automobile policy
The insurer correct answers According to the law of agency, which of the following is
considered the principal?
Take legal action against the responsible third-party correct answers A subrogation clause allows
an insurer to
Protect consumers with guidelines regarding credit reporting and distribution correct answers
PRIMARY Purpose of the Fair Credit Reporting Act is to
Funeral services correct answers Under automobile medical payments, the insured pays
reasonable expenses for
, An accident caused by the insured correct answers Under uninsured motorist coverage, which of
the following does NOT cover the insured for bodily injury as a result of an accident
HO-8 correct answers A homeowner wishes to purchase coverage for a home built in 1850. The
home was constructed with hand carved crown molding and banisters. The customer?
The entire loss will be paid correct answers In the event of a loss, the dwelling fire policy "other
insurance" specifies that.
Driver of the vehicle that caused the accident has sufficient liability limits that are lower than the
Uninsured motorist coverage on the non-negligent driver correct answers Uninsured motorist
coverage ONLY Applies when the
Pay a license application fee to the Louisiana department of insurance correct answers Before
receiving an insurance license, an applicant must
A hit - and - run driver strikes an insured's vehicle injuring the passenger in the vehicle. correct
answers Which of the following would be covered under the uninsured motorist section of a
personal automobile policy?
dwelling correct answers What coverage part in a homeowners policy includes building materials
on the premises used to repair the covered property?
Cooperate with the insurer fully correct answers There are several duties and insured must
perform to comply with the conditions section of their insurance policy following a loss. One
such duty would be?
Large risks with a reinsurance requirement correct answers Difference in conditions policies are
usually written...
A driver of a car carelessly damages another car correct answers Which of the following
illustrates the concept of negligence?
Fire-resistive correct answers The type of construction that uses materials that can withstand fire
for at least two hours
A 350 cc motorcycle correct answers Which of the following would not be covered by a personal
automotive liability policy
Be at least 21 years of age correct answers In order to qualify for a Louisiana resident insurance
producers license, an applicant must meet all of the following requirements EXCEPT
A hazard correct answers Something that increases the probability of loss Is called
WITH COMPLETE SOLUTIONS.
blanket correct answers Which type of coverage limits apply to an insured's property at any
location?
Yes, because of the powers defined by state law correct answers In general practice, can the
Commissioner of Insurance inspect the business records of a company or agency for any valid
reason?
an accident correct answers An unforeseen loss that occurs at a specific time and place is?
Policyowners correct answers Mutual companies are owned by which of the following?
Refusing to pay persons bringing false or fraudulent claims correct answers Any of the following
may be an unfair claims practice EXCEPT:
An Owner - occupant of a dwelling correct answers An HO-4 can be issued to which of the
following?
A current causation correct answers Damage caused by more than one peril at the same time is
Personal Injury correct answers The broad theft coverage endorsement on a dwelling policy
includes coverage for all of the following EXCEPT
An outbidding on the describe premises that is rented as a private garage correct answers All of
the following would be covered under coverage a of a dwelling policy EXCEPT:
Medical expenses of the insured correct answers Under a homeowners policy, which of the
following is NOT covered by personal injury coverage?
Rollover correct answers Which is NOT covered by other-than-collision coverage on an
automobile policy
The insurer correct answers According to the law of agency, which of the following is
considered the principal?
Take legal action against the responsible third-party correct answers A subrogation clause allows
an insurer to
Protect consumers with guidelines regarding credit reporting and distribution correct answers
PRIMARY Purpose of the Fair Credit Reporting Act is to
Funeral services correct answers Under automobile medical payments, the insured pays
reasonable expenses for
, An accident caused by the insured correct answers Under uninsured motorist coverage, which of
the following does NOT cover the insured for bodily injury as a result of an accident
HO-8 correct answers A homeowner wishes to purchase coverage for a home built in 1850. The
home was constructed with hand carved crown molding and banisters. The customer?
The entire loss will be paid correct answers In the event of a loss, the dwelling fire policy "other
insurance" specifies that.
Driver of the vehicle that caused the accident has sufficient liability limits that are lower than the
Uninsured motorist coverage on the non-negligent driver correct answers Uninsured motorist
coverage ONLY Applies when the
Pay a license application fee to the Louisiana department of insurance correct answers Before
receiving an insurance license, an applicant must
A hit - and - run driver strikes an insured's vehicle injuring the passenger in the vehicle. correct
answers Which of the following would be covered under the uninsured motorist section of a
personal automobile policy?
dwelling correct answers What coverage part in a homeowners policy includes building materials
on the premises used to repair the covered property?
Cooperate with the insurer fully correct answers There are several duties and insured must
perform to comply with the conditions section of their insurance policy following a loss. One
such duty would be?
Large risks with a reinsurance requirement correct answers Difference in conditions policies are
usually written...
A driver of a car carelessly damages another car correct answers Which of the following
illustrates the concept of negligence?
Fire-resistive correct answers The type of construction that uses materials that can withstand fire
for at least two hours
A 350 cc motorcycle correct answers Which of the following would not be covered by a personal
automotive liability policy
Be at least 21 years of age correct answers In order to qualify for a Louisiana resident insurance
producers license, an applicant must meet all of the following requirements EXCEPT
A hazard correct answers Something that increases the probability of loss Is called
