{"id":121384,"date":"2023-10-19T06:47:09","date_gmt":"2023-10-19T06:47:09","guid":{"rendered":"https:\/\/learnexams.com\/blog\/?p=121384"},"modified":"2023-10-19T06:47:11","modified_gmt":"2023-10-19T06:47:11","slug":"ga-property-casualty-insurance-study-guide-questions-with-correct-answers","status":"publish","type":"post","link":"https:\/\/www.learnexams.com\/blog\/2023\/10\/19\/ga-property-casualty-insurance-study-guide-questions-with-correct-answers\/","title":{"rendered":"Ga Property &amp; Casualty Insurance Study Guide questions with correct answers"},"content":{"rendered":"\n<p>Ga Property &amp; Casualty Insurance Study Guide<br>questions with correct answers<br>Personal Automobile Policy CORRECT ANSWER \u2022 Accounts for 40% of all<br>premiums<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Vehicles registered to individuals and operated primarily for personal activities<br>o Driving to work is a personal activity<br>o Policy allows use of vehicle for incidental business activities<br>Financial Responsibility State CORRECT ANSWER \u2022 Georgia is a financial<br>responsibility state<br>o To legally operate an automobile in the state of Georgia, a person must show that<br>they are able to financially compensate the person(s) that they may injure or where<br>they damage the other person&#8217;s property<br>Financial Responsibility CORRECT ANSWER may be show by the following:<\/li>\n<\/ul>\n\n\n\n<ol class=\"wp-block-list\">\n<li>Personal automobile insurance &#8211; Liability coverage<\/li>\n\n\n\n<li>Motor vehicle bond<br>3.Cash or security deposit<br>Compulsory Insurance Laws CORRECT ANSWER 25\/50\/25 state minimum limits<br>(split)<br>$25,000 bodily injury per person<br>$50,000 bodily injury per occurrence<br>$25,000 property damage<br>Or<br>$75,000 &#8211; Combined single limits<\/li>\n<\/ol>\n\n\n\n<p>Policy Terms CORRECT ANSWER either 6 months or 1 year<br>Personal umbrella CORRECT ANSWER separate policy for catastrophic liability<br>claims, in excess of primary coverage; must have primary coverage in force and<br>raise the limits of liability<br>Eligible Vehicles CORRECT ANSWER o Private passenger automobiles<br>o Trucks &lt;10,000 lbs. o Vans &lt;10,000 lbs. Owned or Leased No business activities covered for trucks and vans GA Assigned Risk CORRECT ANSWER when someone cannot qualify for insurance, high premium Ineligible Vehicles CORRECT ANSWER o Vehicles owned by businesses o Taxis o Motorcycles o Trucks\/Vans &gt;10,000 lbs.<br>o Vehicles used for government purposes<br>o Vehicles furnished for the regular use of an insured by an employer<br>o Trailer &#8211; cannot propel itself when the trailer and the vehicle are connected, both<br>are one in the same for liability claims<br>Territorial Limits CORRECT ANSWER o United States<br>o Canada<br>o United States Territories &amp; Possessions<\/p>\n\n\n\n<p>Puerto Rico<br>Guam<br>United States Virgin Islands<br>American Samoa<br>o Coverage will not transfer to Mexico, can be purchased on a daily basis<br>Insured CORRECT ANSWER -Named Insured<br>-Spouse, residing in household (automatically insured, even if not listed)<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>If the spouse leaves the Named Insured and takes a listed vehicle with them and<br>sets up their own household, the vehicle is covered up to 90 days<br>Family members residing in household<br>Anyone driving with permission<br>Occupying CORRECT ANSWER while in, on, upon, entering onto or exiting from<br>&#8220;Your covered automobile&#8221; CORRECT ANSWER all of the vehicles that you may<br>be driving for the coverages in the policy and need coverage<br>listed on the declarations page<br>includes automobiles covered for newly acquired vehicles, additional and<br>replacement<br>\u2026 CORRECT ANSWER newly acquired additional<br>has 14 days to add to the policy<br>newly acquired replacement CORRECT ANSWER physical damage coverage up<br>to 14 days, all other coverage until the end of the policy term<br>download pdf at <a href=\"https:\/\/learnexams.com\/search\/study?query=aqa\" target=\"_blank\" rel=\"noopener\">https:\/\/learnexams.com\/search\/study?query=aqa<\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Ga Property &amp; Casualty Insurance Study Guidequestions with correct answersPersonal Automobile Policy CORRECT ANSWER \u2022 Accounts for 40% of allpremiums Policy Terms CORRECT ANSWER either 6 months or 1 yearPersonal umbrella CORRECT ANSWER separate policy for catastrophic liabilityclaims, in excess of primary coverage; must have primary coverage in force andraise the limits of liabilityEligible Vehicles [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[25],"tags":[],"class_list":["post-121384","post","type-post","status-publish","format-standard","hentry","category-exams-certification"],"_links":{"self":[{"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/posts\/121384","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/comments?post=121384"}],"version-history":[{"count":0,"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/posts\/121384\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/media?parent=121384"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/categories?post=121384"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/tags?post=121384"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}