New York Adjuster Terms Questions an d
Answers 2025
Additional Personal Injury protection - correct answersThe company will
pay additional first party benefits to reimburse for extended economic loss
on account of personal injuries sustained by an eligible injured person and
caused by an accident arising out of the use or operation of a motor vehicle
or a motorcycle during the policy period. This coverage applies only to motor
vehicle accidents within the United States of America, its territories or
possessions or Canada.
New York Mandatory Personal Injury Protection - correct answersaccount of
personal injuries caused by an accident arising out of the use or operation of
the
insured motorcycle.
Auto Medical Payments coverage Endorsement - correct answerspay
reasonable expenses incurred for necessary medical and funeral services to
or for an "insured" who sustains "bodily injury" caused by "accident". We will
pay only those expenses incurred, for services rendered within three years
from the date of the "accident".
Employees as Insured Endorsement - correct answersused to extend
nonowner liability coverage to cover the individual liability of employees
while they are using their own autos in the employer's business. Without this
endorsement, the auto coverage forms specifically exclude coverage for the
liability of an employee if the covered auto is owned by that employee or a
member of his or her household.
Miscellaneous Type Vehicle Endorsement - correct answersThis is used to
extend insurance coverage to recreational vehicles, motor homes,
motorcycles, motorized golf carts and other miscellaneous vehicles that are
not already covered under the policy.
,New York Adjuster Terms Questions an d
Answers 2025
Named non-owner Coverage Endorsement - correct answersA personal
auto policy (PAP) or an endorsement to a PAP that provides auto liability
coverage for an individual who does not own a car but may operate
borrowed or rented vehicles.
Supplemental Spousal liability - correct answersCoverage against the
liability of an insured because of death of, or injury to, his or her spouse up
to the liability insurance limits provided under the policy even where the
injured spouse, to be entitled to recover, must prove the culpable conduct of
the insured spouse.
Who may cancel a commercial package policy and how - correct
answersThe first named insured has the right to cancel the policy and it can
only be cancelled when written notice is given
Transfer of the rights and duties of a commercial policy - correct
answersinsured rights may not be transferred without the written consent of
the insurer, unless the insured dies, and the rights are automatically
transferred to the insured's legal representative
Does basic form cover vandalism> - correct answersNo it only coverage for
theft but does cover building damage caused by the breaking or exiting of
burglars
Basic form (perils) - correct answersVandalism
Sprinkler Linkage
Sinkhole Collapse
Volcanic action
aircraft or vehicles
hail or windstorm
, New York Adjuster Terms Questions an d
Answers 2025
smoke
fire
lightning
riot and civil commotion
Broad form (perils) - correct answersEverything from the basic with
1) Falling objects
2) Weight of ice, snow, or sleet
3) Water damage from accidental discharge
Special form (open perils) - correct answersopen perils basis
no coverage
-damage steam boilers and equipment
-damage to the interior of the building caused
by rain, snow, sleet, ice, sand, or dust unless
the outside building or structure first sustains
damage
-inventory shortage
-unless endorsement (machinery and tools)
Answers 2025
Additional Personal Injury protection - correct answersThe company will
pay additional first party benefits to reimburse for extended economic loss
on account of personal injuries sustained by an eligible injured person and
caused by an accident arising out of the use or operation of a motor vehicle
or a motorcycle during the policy period. This coverage applies only to motor
vehicle accidents within the United States of America, its territories or
possessions or Canada.
New York Mandatory Personal Injury Protection - correct answersaccount of
personal injuries caused by an accident arising out of the use or operation of
the
insured motorcycle.
Auto Medical Payments coverage Endorsement - correct answerspay
reasonable expenses incurred for necessary medical and funeral services to
or for an "insured" who sustains "bodily injury" caused by "accident". We will
pay only those expenses incurred, for services rendered within three years
from the date of the "accident".
Employees as Insured Endorsement - correct answersused to extend
nonowner liability coverage to cover the individual liability of employees
while they are using their own autos in the employer's business. Without this
endorsement, the auto coverage forms specifically exclude coverage for the
liability of an employee if the covered auto is owned by that employee or a
member of his or her household.
Miscellaneous Type Vehicle Endorsement - correct answersThis is used to
extend insurance coverage to recreational vehicles, motor homes,
motorcycles, motorized golf carts and other miscellaneous vehicles that are
not already covered under the policy.
,New York Adjuster Terms Questions an d
Answers 2025
Named non-owner Coverage Endorsement - correct answersA personal
auto policy (PAP) or an endorsement to a PAP that provides auto liability
coverage for an individual who does not own a car but may operate
borrowed or rented vehicles.
Supplemental Spousal liability - correct answersCoverage against the
liability of an insured because of death of, or injury to, his or her spouse up
to the liability insurance limits provided under the policy even where the
injured spouse, to be entitled to recover, must prove the culpable conduct of
the insured spouse.
Who may cancel a commercial package policy and how - correct
answersThe first named insured has the right to cancel the policy and it can
only be cancelled when written notice is given
Transfer of the rights and duties of a commercial policy - correct
answersinsured rights may not be transferred without the written consent of
the insurer, unless the insured dies, and the rights are automatically
transferred to the insured's legal representative
Does basic form cover vandalism> - correct answersNo it only coverage for
theft but does cover building damage caused by the breaking or exiting of
burglars
Basic form (perils) - correct answersVandalism
Sprinkler Linkage
Sinkhole Collapse
Volcanic action
aircraft or vehicles
hail or windstorm
, New York Adjuster Terms Questions an d
Answers 2025
smoke
fire
lightning
riot and civil commotion
Broad form (perils) - correct answersEverything from the basic with
1) Falling objects
2) Weight of ice, snow, or sleet
3) Water damage from accidental discharge
Special form (open perils) - correct answersopen perils basis
no coverage
-damage steam boilers and equipment
-damage to the interior of the building caused
by rain, snow, sleet, ice, sand, or dust unless
the outside building or structure first sustains
damage
-inventory shortage
-unless endorsement (machinery and tools)
