Louisiana Property and Casualty Insurance Law 100% accurate!

Louisiana Property and Casualty Insurance Law 100% accurate! Authorized insurers may choose not to participate in the plan - ANSWER All of the following are true regarding the Louisiana Automobile Insurance Plan EXCEPT: short-rate - ANSWER The named insured may cancel a property insurance policy in this state at any time, in which case the insurer must refund any unearned premium due on a __________ basis: Standard fire policy - ANSWER The basis for all property insurance sold in this state is the Louisiana: Sole proprietors must be covered under the mandatory coverage - ANSWER Which of the following is not true regarding Workers' Compensation in this state: $100,000 - ANSWER A client paid $25,000 for a lot upon which he built a new home valued at $75,000. If his insurer writes a dwelling property policy on the home with a policy limit of $100,000 and charges him a premium based upon that amount, how much must they pay the insured in the event of a total loss: 1 week - ANSWER Under Workers' Compensation, the waiting period for loss of income due to disability is: Age of the named insured - ANSWER After a personal auto policy has been in effect for 60 days, an insurer may cancel for all of the following reasons EXCEPT: Auto insurers may specify that repairs be completed by a particular shop - ANSWER All o