NEW YORK AUTO ADJUSTER PREP QUESTIONS AND ANSWER LATEST 2024
Question 1
Medical coverage under a personal auto policy will cover the insured if he/she is injured while:
Passenger on a bus.
EXPLANATION:
Personal auto medical coverage is available to the policyholder or a family member (resident relative)
injured while occupying, or as a pedestrian, struck by a motor vehicle or trailer designed for use on
public roads. It also covers any other persons while they are occupying your motor vehicle. It does not
cover injuries sustained while riding in vehicles not intended for use on public roads such as trains,
subways and airplanes.
Question 2
Which of the following best describes "no release or walk-away" release?
The bills are paid and no attempt to obtain a separate release is made. .
EXPLANATION:
The bills presented are paid with no attempt to obtain a separate release, although the wording on the
draft or check may also serve as a form of release. After a certain amount of time has passed with no
further contact with the claimant, the file is considered closed.
Question 3
The minimum coverage required in New York for uninsured motorists bodily injury is:
$25,000 per person, $50,000 per accident. is correct.
EXPLANATION:
New York state law established the minimum coverage limits of $25,000 per person, $50,000 per
accident and up to $50,000 per person, and $100,000 per accident for death.
NEW YORK AUTO ADJUSTER PREP QUESTIONS
, Question 4
Richard has been advised by the New York Superintendent of Insurance to cease and desist in the
performance of certain infractions of the Insurance Code. He has had a hearing and been issued a cease
and desist order. He continues to violate the cease and desist order. He can be fined a penalty of up to:
5,000 per violation.
EXPLANATION:
Richard is subject to a penalty of up to $5,000 for each violation.
Question 5
If an insured has more than one auto policy with the same insurer that provides uninsured motorists
coverage, which of the following statements about the recovery of benefits is correct?
Total recovery is restricted to the highest limits of those coverages. .
EXPLANATION:
Only the highest limit would apply. In some states, however, stacking of limits is permitted wherein if
the insured insures more than one vehicle, the limits can be combined.
Question 6
After receiving an inquiry from the New York Department of Insurance regarding a claim, an insurer
must respond within:
10 business days
Question 7
A New York licensee subject to an administrative action in another jurisdiction or governmental agency
must report such action to the Superintendent within:
30 days..
Question 8
NEW YORK AUTO ADJUSTER PREP QUESTIONS
Question 1
Medical coverage under a personal auto policy will cover the insured if he/she is injured while:
Passenger on a bus.
EXPLANATION:
Personal auto medical coverage is available to the policyholder or a family member (resident relative)
injured while occupying, or as a pedestrian, struck by a motor vehicle or trailer designed for use on
public roads. It also covers any other persons while they are occupying your motor vehicle. It does not
cover injuries sustained while riding in vehicles not intended for use on public roads such as trains,
subways and airplanes.
Question 2
Which of the following best describes "no release or walk-away" release?
The bills are paid and no attempt to obtain a separate release is made. .
EXPLANATION:
The bills presented are paid with no attempt to obtain a separate release, although the wording on the
draft or check may also serve as a form of release. After a certain amount of time has passed with no
further contact with the claimant, the file is considered closed.
Question 3
The minimum coverage required in New York for uninsured motorists bodily injury is:
$25,000 per person, $50,000 per accident. is correct.
EXPLANATION:
New York state law established the minimum coverage limits of $25,000 per person, $50,000 per
accident and up to $50,000 per person, and $100,000 per accident for death.
NEW YORK AUTO ADJUSTER PREP QUESTIONS
, Question 4
Richard has been advised by the New York Superintendent of Insurance to cease and desist in the
performance of certain infractions of the Insurance Code. He has had a hearing and been issued a cease
and desist order. He continues to violate the cease and desist order. He can be fined a penalty of up to:
5,000 per violation.
EXPLANATION:
Richard is subject to a penalty of up to $5,000 for each violation.
Question 5
If an insured has more than one auto policy with the same insurer that provides uninsured motorists
coverage, which of the following statements about the recovery of benefits is correct?
Total recovery is restricted to the highest limits of those coverages. .
EXPLANATION:
Only the highest limit would apply. In some states, however, stacking of limits is permitted wherein if
the insured insures more than one vehicle, the limits can be combined.
Question 6
After receiving an inquiry from the New York Department of Insurance regarding a claim, an insurer
must respond within:
10 business days
Question 7
A New York licensee subject to an administrative action in another jurisdiction or governmental agency
must report such action to the Superintendent within:
30 days..
Question 8
NEW YORK AUTO ADJUSTER PREP QUESTIONS
