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Exam (elaborations)

MO Property and Casualty Exam questions with answers

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MO Property and Casualty Exam questions with answers

Institution
Missouri Property And Casualty Insurance
Course
Missouri Property and Casualty Insurance









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Institution
Missouri Property and Casualty Insurance
Course
Missouri Property and Casualty Insurance

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Uploaded on
December 9, 2025
Number of pages
14
Written in
2025/2026
Type
Exam (elaborations)
Contains
Questions & answers

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MO Property and Casualty Exam
|\ |\ |\ |\ |\




questions with answers |\ |\




Which of the following personal auto coverages would pay
|\ |\ |\ |\ |\ |\ |\ |\



for the insured's travel expenses and loss of earnings
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\



while involved in the settlement process of a covered
|\ |\ |\ |\ |\ |\ |\ |\ |\



loss? - CORRECT ANSWERS ✔✔Liability coverage
|\ |\ |\ |\ |\




What are the two types of compensatory damages? -
|\ |\ |\ |\ |\ |\ |\ |\ |\



CORRECT ANSWERS ✔✔Special and general |\ |\ |\ |\




Which part of an insurance policy covers claims-related
|\ |\ |\ |\ |\ |\ |\ |\



expenses, reasonable expenses incurred by an insured to
|\ |\ |\ |\ |\ |\ |\ |\



protect damaged property from further loss, or defense
|\ |\ |\ |\ |\ |\ |\ |\



expenses? - CORRECT ANSWERS ✔✔Additional coverage |\ |\ |\ |\ |\




Which of the following policies will help an auto
|\ |\ |\ |\ |\ |\ |\ |\ |\



dealership cover most of its liability exposures? -
|\ |\ |\ |\ |\ |\ |\ |\



CORRECT ANSWERS ✔✔A garage liability coverage
|\ |\ |\ |\ |\




Under the commercial property coverage program, the
|\ |\ |\ |\ |\ |\ |\



basic causes of loss form insures against loss caused by...
|\ |\ |\ |\ |\ |\ |\ |\ |\



- CORRECT ANSWERS ✔✔Sprinkler leakage
|\ |\ |\ |\ |\

, The businessowners policy liability coverage will pay for
|\ |\ |\ |\ |\ |\ |\ |\



necessary medical expenses of others incurred within |\ |\ |\ |\ |\ |\ |\



what max time period? - CORRECT ANSWERS ✔✔1 year
|\ |\ |\ |\ |\ |\ |\ |\




The insured with a claims-made commercial general
|\ |\ |\ |\ |\ |\ |\



liability (CGL) policy may request in writing claim and
|\ |\ |\ |\ |\ |\ |\ |\ |\



occurrence information from the insurer at any time up to |\ |\ |\ |\ |\ |\ |\ |\ |\ |\



60 days after the policy period ends. The insurer must
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\



provide the information... - CORRECT ANSWERS ✔✔Within
|\ |\ |\ |\ |\ |\



45 days
|\ |\




In the personal auto policy, owned trailers being towed by
|\ |\ |\ |\ |\ |\ |\ |\ |\



an insured auto are automatically covered for - CORRECT
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\



ANSWERS ✔✔Uninsured motorist coverage, bodily injury, |\ |\ |\ |\ |\ |\



and property damage |\ |\




A basic dwelling policy automatically provides coverage
|\ |\ |\ |\ |\ |\ |\



against fire, lightning, and - CORRECT ANSWERS
|\ |\ |\ |\ |\ |\ |\



✔✔Internal explosion |\




Payment for medical expenses, loss of wages, funeral
|\ |\ |\ |\ |\ |\ |\ |\



expenses, or the cost to repair or replace damaged |\ |\ |\ |\ |\ |\ |\ |\ |\



property are known as what type of compensatory |\ |\ |\ |\ |\ |\ |\ |\



damages? - CORRECT ANSWERS ✔✔Special |\ |\ |\ |\

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