AUTO INSURANCE SNAPSHOT
QUESTIONS LOUISIANA QUIZ
QUESTIONS WITH CORRECT ANSWERS
How much will a physical damage policy pay for transportation expenses due to the
theft of a covered auto? - Answer-The policy will pay up to $20 dollars a day up to a
max of $600 for transportation expenses incurred by the insured because of theft of a
covered auto and loss of use expenses the insured is legally obligated to pay because
of theft of a non owned vehicle.
Describe the duties of an insured motorist that tis involved in an accident. - Answer-An
insured motorist is required to promptly notify the insurer of the loss, cooperate with the
insurer, forward any legal papers received, submit to a physical exam or two
examination under oath when requested, allow the insurer to access medical records,
submit a proof of loss, notify the police of a hit and run accident if the vehicle is stolen,
protect the property from further loss, and allow the insurer too inspect and appraise
tithe damaged property.
What does the extended non owned coverage endorsement do? - Answer-The
extended non owned coverage endorsement can broaden the liability only, or liability
and medical payments coverage provided in the policy.
How does the miscellaneous type vehicle endorsement modify the policy? - Answer-The
miscellaneous type vehicle endorsement expands the definition of covered auto two
include motorized vehicles such as motorcycles, motor homes, golf carts, dune buggies,
and other recreational vehicles.
When would the joint ownership coverage endorsement be used? - Answer-The joint
ownership coverage endorsement is used when a vehicle is owned by 2 or more
persons (other than husband and wife), including individuals who are not related.
What are the 5 coverage forms used for commercial auto insurance? - Answer-
Business auto, business auto physical damage , garage, truckers, and motor carrier
coverage forms are used for commercial auto insurance.
What symbols are used in the business auto coverage form? - Answer-Symbols 1-9 and
19 are used in the business auto coverage form.
What coverage is provided in the liability section of the business auto coverage form? -
Answer-The policy will pay for injury or property damage two third parties.
QUESTIONS LOUISIANA QUIZ
QUESTIONS WITH CORRECT ANSWERS
How much will a physical damage policy pay for transportation expenses due to the
theft of a covered auto? - Answer-The policy will pay up to $20 dollars a day up to a
max of $600 for transportation expenses incurred by the insured because of theft of a
covered auto and loss of use expenses the insured is legally obligated to pay because
of theft of a non owned vehicle.
Describe the duties of an insured motorist that tis involved in an accident. - Answer-An
insured motorist is required to promptly notify the insurer of the loss, cooperate with the
insurer, forward any legal papers received, submit to a physical exam or two
examination under oath when requested, allow the insurer to access medical records,
submit a proof of loss, notify the police of a hit and run accident if the vehicle is stolen,
protect the property from further loss, and allow the insurer too inspect and appraise
tithe damaged property.
What does the extended non owned coverage endorsement do? - Answer-The
extended non owned coverage endorsement can broaden the liability only, or liability
and medical payments coverage provided in the policy.
How does the miscellaneous type vehicle endorsement modify the policy? - Answer-The
miscellaneous type vehicle endorsement expands the definition of covered auto two
include motorized vehicles such as motorcycles, motor homes, golf carts, dune buggies,
and other recreational vehicles.
When would the joint ownership coverage endorsement be used? - Answer-The joint
ownership coverage endorsement is used when a vehicle is owned by 2 or more
persons (other than husband and wife), including individuals who are not related.
What are the 5 coverage forms used for commercial auto insurance? - Answer-
Business auto, business auto physical damage , garage, truckers, and motor carrier
coverage forms are used for commercial auto insurance.
What symbols are used in the business auto coverage form? - Answer-Symbols 1-9 and
19 are used in the business auto coverage form.
What coverage is provided in the liability section of the business auto coverage form? -
Answer-The policy will pay for injury or property damage two third parties.
