Property and Casualty Exam- Louisiana | Strategies Review of Key Quizzes with 100% Certified Answers | Latest Update 2026 | 2027 (Rated A)

Property and Casualty Exam- Louisiana | Strategies Review of Key Quizzes with 100% Certified Answers | Latest Update 2026 | 2027 (Rated A) Quiz_________________? . Dentures 2. Eyeglasses 3. Hearing aids 4. All of the above* - ANSWER Under Workers Compensation provisions, the employer is liable for work related damage to which of the following? Quiz_________________? $175,000 - ANSWER A policyholder has an equipment breakdown policy with a $200,000 limit. If a boiler explosion causes $100,000 damage to the boiler itself, $50,000 damage to the insured's building, and $30,000 of expediting expenses, how much will the insured collect under the policy? Quiz_________________? $175,000 - ANSWER A policyholder has an equipment breakdown policy with a $200,000 limit. If a boiler explosion causes $100,000 damage to the boiler itself, $50,000 damage to the insured's building, and $30,000 of expediting expenses, how much will the insured collect under the policy? Quiz_________________? $2,500 - ANSWER What is the maximum penalty for habitual willful noncompliance with the Fair Credit Reporting Act? Quiz_________________? $25,000 - ANSWER Andy the producer violates the Insurance Code very intentionally, in order to substantially increase his commissions. How much would he likely be penalized? Quiz_________________? $250. - ANSWER Uninsured Motorist property damage coverage is subject to a deductible of Quiz_________________? $3,000 - ANSWER A grave marker was damaged by vandals. It would cost $3,000 to have the damage repaired. Under these circumstances, how much would a homeowners policy pay? Quiz_________________? $30,000 - ANSWER A $100,000 house insured on a policy with an 80% coinsurance requirement has a fire that caused $40,000 of damage; the owner has a policy with $60,000 coverage. How much can the owner collect for his loss? Quiz_________________? $30,000 - ANSWER An insured's building has an actual cash value of $200,000, and he has insured the property for $120,000 with an 80% coinsurance clause. A $40,000 loss occurs. How much will the policy pay? Quiz_________________? $5,000 - ANSWER In the computer fraud crime coverage form, what limit is placed on each occurrence of the loss of manuscripts, drawings, or records? Quiz_________________? $50,000 - ANSWER Driver A has a personal auto policy with Part C: UM/UIM limits of 100/300. He is injured by Driver B who has Part A: Bodily Injury Liability limits of 50/100. It is determined that Driver B is at fault for the accident. Driver A has $125,000 in medical expenses. How much will his Part C: UM/UIM coverage pay? Quiz_________________? $500 - ANSWER Under Coverage C of a farm policy, what is the limit payable on business property located away from the premises? Quiz_________________? 1. Commercial structures. 2. Cooperative associations. 3. Apartment buildings. 4. Any of the above would be covered under this form.* - ANSWER The general property policy form is used for other-residential and non-residential structures and their contents such as Quiz_________________? 1. Reject the coverage. 2. Select a lower limit of coverage. 3. Select economic-only coverage. 4. Any of the above.** - ANSWER With regards to Uninsured/Underinsured Motorist Coverage, the named insured may Quiz_________________? 10 days - ANSWER A producer has been notified by the Commissioner to stop using an unapproved trade name. How many days does the producer have to change the trade name before facing a fine? Quiz_________________? 10 days - ANSWER If a commercial policy, in effect for less than 60 days, is to be canceled for nonpayment of premium, how much prior notice must the insurer give to the first named insured?