AINS 102 (Latest Update) QUESTIONS AND
CORRECT DETAILED ANSWERS (VERIFIED
ANSWERS) |ALREADY GRADED A+
The Agreement and Definitions page of the Personal Auto Policy (PAP) includes
Select one:
A. The name of the insurer issuing the policy.
B. A general agreement stating the insurer's duty to pay damages and defense
costs subject to the terms of the policy.
C. A general agreement stating that the insurer is providing the coverage subject
to payment of premium and to the terms of the policy.
D. The name and mailing address of the insured. - ans -C. A general agreement
stating that the insurer is providing the coverage subject to payment of premium
and to the terms of the policy.
In the Personal Auto Policy (PAP) definitions, "Your covered auto" includes all of
the following classes of vehicles, EXCEPT:
Select one:
A. A trailer owned by the insured
B. A temporary substitute auto or trailer
C. A newly acquired auto
D. A trailer rented by the insured - ans -D. A trailer rented by the insured
Brendan and Sue were on a road trip along the coast of California, using Sue's car.
One day they were stuck in terrible traffic while Brendan was driving. He became
angry when another car merged in front of him. A few minutes later, Brendan
deliberately rammed into the car that had cut in front of him, causing property
damage to the other car. Both Brendan and Sure were surprised to learn that
Sue's Personal Auto Policy (PAP) would not cover the claim. Which one of the
following is the correct reason why Sue's PAP will not pay the claim for property
damage to the other car?
Select one:
A. Because the Part A insuring agreement excludes intentional harm.
B. Because Sue's PAP only covers property damage to her car.
C. Because Brendan, not Sue, was driving the car.
D. Because Brendan's PAP should cover the claim. - ans -A. Because the Part A
insuring agreement excludes intentional harm.
,Miguel, an insured has a Personal Auto Policy (PAP) that includes medical
payments coverage. The insured crashed his car while trying to be the first car to
pull away from a stop at a red light when the light turned green. In this scenario,
Miguel
Select one:
A. Would be eligible for medical payments under the Personal Auto Policy (PAP)
because he wasn't caught speeding at the scene.
B. Would not be eligible for medical payments under the Personal Auto Policy
(PAP) if he was found at fault because of this accident.
C. Would be eligible for medical payments under the Personal Auto Policy (PAP)
as the named insured and an occupant of a covered auto.
D. Would not be eligible for medical payments under the Personal Auto Policy
(PAP) because he is being reckless. - ans -C. Would be eligible for medical
payments under the Personal Auto Policy (PAP) as the named insured and an
occupant of a covered auto.
The Part B—Medical Payments Coverage of the Personal Auto Policy (PAP)
contains an Other Insurance provision. If two automobile policies from different
insurers cover the same owned vehicle,
Select one:
A. The first insurer to receive notice of the claim becomes primarily liable.
B. The courts will decide how to assess the payment amounts.
C. The insurer issuing the policy with the higher limits of liability will make the
determination.
D. The Other Insurance provision will address how to address the particular
situation. - ans -D. The Other Insurance provision will address how to address the
particular situation.
Under the uninsured motorists (UM) coverage in the Personal Auto Policy (PAP),
the insurer agrees to pay damages that the insured is legally entitled to recover
from the owner or operator of an uninsured motor vehicle. These damages are
best identified as which one of the following?
Select one:
A. Lost wages
B. Rehabilitation expenses
C. Medical expenses
, D. Compensatory damages - ans -D. Compensatory damages
Under the uninsured motorists (UM) coverage in the Personal Auto Policy (PAP),
the insurer agrees to pay damages that the insured is legally entitled to recover
from the owner or operator of an uninsured motor vehicle. These damages are
best identified as which one of the following?
Select one:
A. Lost wages
B. Rehabilitation expenses
C. Medical expenses
D. Compensatory damages - ans -B. Denied because coverage under these
circumstances is excluded.
Which one of the following causes of loss is covered under the other than collision
(OTC) section of the Personal Auto Policy (PAP)?
Select one:
A. Hitting another car
B. Overturn from the driver losing control
C. Falling objects
D. Hitting a tree - ans -C. Falling objects
The Personal Auto Policy (PAP) provides physical damage coverage for a covered
auto that is damaged when the car's driver loses control and overturns the car on
a sharp curve. This coverage is called
Select one:
A. Comprehensive coverage.
B. Other than collision coverage.
C. Falling object coverage.
D. Collision coverage. - ans -D. Collision coverage.
Tricia Barton has a personal auto policy providing collision coverage (with a $500
deductible) and other than collision coverage (with a $250 deductible) on her
Chrysler sedan. Late one night, Tricia was responsible for an accident where she
ran into an SUV and caused damage to both vehicles. She submitted a claim to
her insurer for the $5,000 bill to repair her sedan. Assuming she had adequate
limits and her insurer agreed to pay the claim, what amount will her insurer pay
under Part D—Damage to Your Auto?
CORRECT DETAILED ANSWERS (VERIFIED
ANSWERS) |ALREADY GRADED A+
The Agreement and Definitions page of the Personal Auto Policy (PAP) includes
Select one:
A. The name of the insurer issuing the policy.
B. A general agreement stating the insurer's duty to pay damages and defense
costs subject to the terms of the policy.
C. A general agreement stating that the insurer is providing the coverage subject
to payment of premium and to the terms of the policy.
D. The name and mailing address of the insured. - ans -C. A general agreement
stating that the insurer is providing the coverage subject to payment of premium
and to the terms of the policy.
In the Personal Auto Policy (PAP) definitions, "Your covered auto" includes all of
the following classes of vehicles, EXCEPT:
Select one:
A. A trailer owned by the insured
B. A temporary substitute auto or trailer
C. A newly acquired auto
D. A trailer rented by the insured - ans -D. A trailer rented by the insured
Brendan and Sue were on a road trip along the coast of California, using Sue's car.
One day they were stuck in terrible traffic while Brendan was driving. He became
angry when another car merged in front of him. A few minutes later, Brendan
deliberately rammed into the car that had cut in front of him, causing property
damage to the other car. Both Brendan and Sure were surprised to learn that
Sue's Personal Auto Policy (PAP) would not cover the claim. Which one of the
following is the correct reason why Sue's PAP will not pay the claim for property
damage to the other car?
Select one:
A. Because the Part A insuring agreement excludes intentional harm.
B. Because Sue's PAP only covers property damage to her car.
C. Because Brendan, not Sue, was driving the car.
D. Because Brendan's PAP should cover the claim. - ans -A. Because the Part A
insuring agreement excludes intentional harm.
,Miguel, an insured has a Personal Auto Policy (PAP) that includes medical
payments coverage. The insured crashed his car while trying to be the first car to
pull away from a stop at a red light when the light turned green. In this scenario,
Miguel
Select one:
A. Would be eligible for medical payments under the Personal Auto Policy (PAP)
because he wasn't caught speeding at the scene.
B. Would not be eligible for medical payments under the Personal Auto Policy
(PAP) if he was found at fault because of this accident.
C. Would be eligible for medical payments under the Personal Auto Policy (PAP)
as the named insured and an occupant of a covered auto.
D. Would not be eligible for medical payments under the Personal Auto Policy
(PAP) because he is being reckless. - ans -C. Would be eligible for medical
payments under the Personal Auto Policy (PAP) as the named insured and an
occupant of a covered auto.
The Part B—Medical Payments Coverage of the Personal Auto Policy (PAP)
contains an Other Insurance provision. If two automobile policies from different
insurers cover the same owned vehicle,
Select one:
A. The first insurer to receive notice of the claim becomes primarily liable.
B. The courts will decide how to assess the payment amounts.
C. The insurer issuing the policy with the higher limits of liability will make the
determination.
D. The Other Insurance provision will address how to address the particular
situation. - ans -D. The Other Insurance provision will address how to address the
particular situation.
Under the uninsured motorists (UM) coverage in the Personal Auto Policy (PAP),
the insurer agrees to pay damages that the insured is legally entitled to recover
from the owner or operator of an uninsured motor vehicle. These damages are
best identified as which one of the following?
Select one:
A. Lost wages
B. Rehabilitation expenses
C. Medical expenses
, D. Compensatory damages - ans -D. Compensatory damages
Under the uninsured motorists (UM) coverage in the Personal Auto Policy (PAP),
the insurer agrees to pay damages that the insured is legally entitled to recover
from the owner or operator of an uninsured motor vehicle. These damages are
best identified as which one of the following?
Select one:
A. Lost wages
B. Rehabilitation expenses
C. Medical expenses
D. Compensatory damages - ans -B. Denied because coverage under these
circumstances is excluded.
Which one of the following causes of loss is covered under the other than collision
(OTC) section of the Personal Auto Policy (PAP)?
Select one:
A. Hitting another car
B. Overturn from the driver losing control
C. Falling objects
D. Hitting a tree - ans -C. Falling objects
The Personal Auto Policy (PAP) provides physical damage coverage for a covered
auto that is damaged when the car's driver loses control and overturns the car on
a sharp curve. This coverage is called
Select one:
A. Comprehensive coverage.
B. Other than collision coverage.
C. Falling object coverage.
D. Collision coverage. - ans -D. Collision coverage.
Tricia Barton has a personal auto policy providing collision coverage (with a $500
deductible) and other than collision coverage (with a $250 deductible) on her
Chrysler sedan. Late one night, Tricia was responsible for an accident where she
ran into an SUV and caused damage to both vehicles. She submitted a claim to
her insurer for the $5,000 bill to repair her sedan. Assuming she had adequate
limits and her insurer agreed to pay the claim, what amount will her insurer pay
under Part D—Damage to Your Auto?
