South Carolina Property and
Casualty Insurance LATEST
UPDATED 2025/2026 exam WITH
COMPLETE questions with SURE
VERIFIED SOLUTIONS 100%
GRADED AT A+ SCORE!!
1. Which type of losses are covered by the South Carolina Wind and
Hail Underwriting Association? - ANSWER ✔ Both Direct and
Indirect losses
2. Before granting a Certificate of Authority to a company, the
Director must be satisfied by proper evidence that all of the
following are true EXCEPT - ANSWER ✔ The insurer does not
have a Certificate of Authority in any other state
3. Erroneous Publishing copied all the material from Angels Inc.'s
book. The only changes made by Erroneous were to rename the
title and chapters, put a different cover on it, and distribute it as its
own. Angels Inc. files a claim against Erroneous and seeks
damages. Will a commercial general liability policy cover the
claim? - ANSWER ✔ No, because the claim results from copyright
infringement and is not in an advertisement
,4. When the insured's car was totaled in a recent accident, the
ownership of the car was transferred to the insurer. The insurer
then sold off the wrecked car to recover some of the loss it paid to
the insured. What is the term for this action? - ANSWER ✔
Salvage
5. The process an insurer uses to evaluate applications and determine
if a policy should be issued and on what terms, conditions, and rate
is known as? - ANSWER ✔ Underwriting
6. The Director is conducting an examination of a foreign company
transacting business in South Carolina. Who is responsible for the
cost of the examination? - ANSWER ✔ Foreign company
7. Driver A has a personal auto policy with Part C: UM/UIM limits of
100/300. He is injured by Driver B who has Part A: Bodily Injury
Liability Limits of 50/100. It is determined that Driver B is at fault
for the accident . Driver A has $125,000 in medical expenses. How
much will Part C: UM/UIM coverage will pay? - ANSWER ✔
50,000
8. A premium discount is the term that describes when an insured
owes a total standard premium greater than? - ANSWER ✔ 5,000
, 9. According to SC law, comprehensive deductibles do not apply to -
ANSWER ✔ safety glass
10. Who is an insurance producer? - ANSWER ✔ Any person
licensed to sell, solicit or negotiate insurance
11. Employee fidelity may be written in all the following ways
EXCEPT - ANSWER ✔ Location schedule
12. Section 1 of boatowners policy covers - ANSWER ✔
Physical Damage
13. The reduction, decrease, or disappearance of value of the
person or property insured in a policy by a peril insured against is
known as - ANSWER ✔ loss
14. A plasterer has finished a job. What kind of liability coverage
would protect him if the plaster falls and hurts someone because he
did not do the job correctly? - ANSWER ✔ Completed operations
15. Which employee fidelity bond pays no more than its limit of
liability for each separate occurrence no matter that several
Casualty Insurance LATEST
UPDATED 2025/2026 exam WITH
COMPLETE questions with SURE
VERIFIED SOLUTIONS 100%
GRADED AT A+ SCORE!!
1. Which type of losses are covered by the South Carolina Wind and
Hail Underwriting Association? - ANSWER ✔ Both Direct and
Indirect losses
2. Before granting a Certificate of Authority to a company, the
Director must be satisfied by proper evidence that all of the
following are true EXCEPT - ANSWER ✔ The insurer does not
have a Certificate of Authority in any other state
3. Erroneous Publishing copied all the material from Angels Inc.'s
book. The only changes made by Erroneous were to rename the
title and chapters, put a different cover on it, and distribute it as its
own. Angels Inc. files a claim against Erroneous and seeks
damages. Will a commercial general liability policy cover the
claim? - ANSWER ✔ No, because the claim results from copyright
infringement and is not in an advertisement
,4. When the insured's car was totaled in a recent accident, the
ownership of the car was transferred to the insurer. The insurer
then sold off the wrecked car to recover some of the loss it paid to
the insured. What is the term for this action? - ANSWER ✔
Salvage
5. The process an insurer uses to evaluate applications and determine
if a policy should be issued and on what terms, conditions, and rate
is known as? - ANSWER ✔ Underwriting
6. The Director is conducting an examination of a foreign company
transacting business in South Carolina. Who is responsible for the
cost of the examination? - ANSWER ✔ Foreign company
7. Driver A has a personal auto policy with Part C: UM/UIM limits of
100/300. He is injured by Driver B who has Part A: Bodily Injury
Liability Limits of 50/100. It is determined that Driver B is at fault
for the accident . Driver A has $125,000 in medical expenses. How
much will Part C: UM/UIM coverage will pay? - ANSWER ✔
50,000
8. A premium discount is the term that describes when an insured
owes a total standard premium greater than? - ANSWER ✔ 5,000
, 9. According to SC law, comprehensive deductibles do not apply to -
ANSWER ✔ safety glass
10. Who is an insurance producer? - ANSWER ✔ Any person
licensed to sell, solicit or negotiate insurance
11. Employee fidelity may be written in all the following ways
EXCEPT - ANSWER ✔ Location schedule
12. Section 1 of boatowners policy covers - ANSWER ✔
Physical Damage
13. The reduction, decrease, or disappearance of value of the
person or property insured in a policy by a peril insured against is
known as - ANSWER ✔ loss
14. A plasterer has finished a job. What kind of liability coverage
would protect him if the plaster falls and hurts someone because he
did not do the job correctly? - ANSWER ✔ Completed operations
15. Which employee fidelity bond pays no more than its limit of
liability for each separate occurrence no matter that several
