1
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Florida 4-40 test Questions and Answers
(100% Correct Answers) Already Graded
A+
Transferring the risk to an insurance company is known as what?
[ANS:] Insurance
When the insured request to have the company change a
condition or provision in an insurance policy the document attach
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to the policy is referred to as what? [ANS:] Endorsement
George and Sandy only home which was damaged by fire who
has insurable interest [ANS:] George and Sandy
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What is the most common loss settlement valuation in the property
policies? [ANS:] Actual cash value
The insurance company pays the insured for damages that should
have been collected from the app fault party now the insured
right to seek damages from the airport party are transferred to his
insurance company what best describes this concept [ANS:]
Subrogation
PIP [ANS:] Personal Injury Protection
Pip coverage is [ANS:] Primary
Tort Immunity [ANS:] Relief for persons who have suffered harm
from the wrongful acts of others
Extend PIP [ANS:] To fill percentage gaps
, 2
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Additional PIP increases limits to... [ANS:] Increase dollar limit only
10,000 to 25,000 or more
Under Florida law what are the benefits payable for medical
expenses [ANS:] 80%
Under Florida law what are the benefits payable for lost wages
[ANS:] Up to 60%
Death benefits [ANS:] 5,000
© 2025 Assignment Expert
Deductibles are how much [ANS:] $250,$500,$1000
Cease to defend [ANS:] Limits exhausted by payment
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Before an owner of a vehicle can't obtain a license plate and tag
registration the owner must purchase PIP coverage in property
damage liability coverage in the amount of [ANS:] $10,000
When will the individuals be requested to prove they are
financially capable three different times [ANS:] At the time of an
accident ( 2 )a major traffic violation and (3) an insurance vehicle
is used in a felony
The minimum liability limits bar [ANS:] 10/20/10
Which of the following does not trigger financial responsibility
[ANS:] An accident with a small amount of property damage
FR-44 is for [ANS:] People who are convicted of dui or dwi
If convicted of a dui or dwi insured must [ANS:] Piggy 100% of the
premium in advance also carry 100/300/50 liability insurance
coverage for 3 years
, 3
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How long with the insured receive medical care when qualifying
under medical payments [ANS:] Medical Expenses and funeral
services three years from date of accident regardless of fault
Jon is walking across the street to go to the county fair and he is
trucks as a pedestrian buy a motorcycle which of the following
provides coverage? [ANS:] Medical payments
There is no deductible on [ANS:] Windshield damage
Rental coverage cost [ANS:] $20 a day / $600 maximum
© 2025 Assignment Expert
If the insured wants to purchase coverage for a non-owned auto
when he uses the vehicle for business or the car is furnished or his
regular use or when he carries people or property for a fee what
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would he purchase [ANS:] The extended non-owned
endorsement
If the insured wants to purchase coverage for a motorhome
motorcycle all terrain vehicle golf cart or June buggy how can he
acquire the coverage under Pap? [ANS:] The miscellaneous type
vehicle endorsement
What is that Applicable time frame for insurer to send Notification
of cancellation or non-renewal [ANS:] 45 days
What is not eligible for Fajua? [ANS:] A nonresident owning
property in Florida
Which of the following is the policy term for a used car on a
mechanical breakdown policy [ANS:] 12,000 or 12 months
Car rental reimbursement [ANS:] $15 per day / $75 maximum
For Expert help and assignment solutions, +254707240657
Florida 4-40 test Questions and Answers
(100% Correct Answers) Already Graded
A+
Transferring the risk to an insurance company is known as what?
[ANS:] Insurance
When the insured request to have the company change a
condition or provision in an insurance policy the document attach
© 2025 Assignment Expert
to the policy is referred to as what? [ANS:] Endorsement
George and Sandy only home which was damaged by fire who
has insurable interest [ANS:] George and Sandy
Guru01 - Stuvia
What is the most common loss settlement valuation in the property
policies? [ANS:] Actual cash value
The insurance company pays the insured for damages that should
have been collected from the app fault party now the insured
right to seek damages from the airport party are transferred to his
insurance company what best describes this concept [ANS:]
Subrogation
PIP [ANS:] Personal Injury Protection
Pip coverage is [ANS:] Primary
Tort Immunity [ANS:] Relief for persons who have suffered harm
from the wrongful acts of others
Extend PIP [ANS:] To fill percentage gaps
, 2
For Expert help and assignment solutions, +254707240657
Additional PIP increases limits to... [ANS:] Increase dollar limit only
10,000 to 25,000 or more
Under Florida law what are the benefits payable for medical
expenses [ANS:] 80%
Under Florida law what are the benefits payable for lost wages
[ANS:] Up to 60%
Death benefits [ANS:] 5,000
© 2025 Assignment Expert
Deductibles are how much [ANS:] $250,$500,$1000
Cease to defend [ANS:] Limits exhausted by payment
Guru01 - Stuvia
Before an owner of a vehicle can't obtain a license plate and tag
registration the owner must purchase PIP coverage in property
damage liability coverage in the amount of [ANS:] $10,000
When will the individuals be requested to prove they are
financially capable three different times [ANS:] At the time of an
accident ( 2 )a major traffic violation and (3) an insurance vehicle
is used in a felony
The minimum liability limits bar [ANS:] 10/20/10
Which of the following does not trigger financial responsibility
[ANS:] An accident with a small amount of property damage
FR-44 is for [ANS:] People who are convicted of dui or dwi
If convicted of a dui or dwi insured must [ANS:] Piggy 100% of the
premium in advance also carry 100/300/50 liability insurance
coverage for 3 years
, 3
For Expert help and assignment solutions, +254707240657
How long with the insured receive medical care when qualifying
under medical payments [ANS:] Medical Expenses and funeral
services three years from date of accident regardless of fault
Jon is walking across the street to go to the county fair and he is
trucks as a pedestrian buy a motorcycle which of the following
provides coverage? [ANS:] Medical payments
There is no deductible on [ANS:] Windshield damage
Rental coverage cost [ANS:] $20 a day / $600 maximum
© 2025 Assignment Expert
If the insured wants to purchase coverage for a non-owned auto
when he uses the vehicle for business or the car is furnished or his
regular use or when he carries people or property for a fee what
Guru01 - Stuvia
would he purchase [ANS:] The extended non-owned
endorsement
If the insured wants to purchase coverage for a motorhome
motorcycle all terrain vehicle golf cart or June buggy how can he
acquire the coverage under Pap? [ANS:] The miscellaneous type
vehicle endorsement
What is that Applicable time frame for insurer to send Notification
of cancellation or non-renewal [ANS:] 45 days
What is not eligible for Fajua? [ANS:] A nonresident owning
property in Florida
Which of the following is the policy term for a used car on a
mechanical breakdown policy [ANS:] 12,000 or 12 months
Car rental reimbursement [ANS:] $15 per day / $75 maximum
