NEW YORK AUTO ADJUSTER PREP QUESTIONS

Medical coverage under a personal auto policy will cover the insured if he/she is injured while: - Answer- 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. Which of the following best describes "no release or walk-away" release? - Answer- 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. The minimum coverage required in New York for uninsured motorists bodily injury is: - Answer- $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. 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: - Answer- 5,000 per violation. EXPLA