PRACTICE TEST- PROPERTY AND CASUALTY INSURANCE

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PRACTICE TEST- PROPERTY AND CASUALTY INSURANCE

WASHINGTON STATE

Actual Qs and Ans - Expert-Verified Explanation -Guaranteed passing score -74 Questions and Answers

-Format: Multiple-choice / Flashcard

Question 1: All of the following are considered an insured under Part A liability coverage, of the personal auto policy EXCEPT 1.owners of a vehicle the insured is using.

2.employer while insured is driving a company car.

3.anyone using the insured?s car with permission.

4.others to the extent that they share liability with the insured.

Answer:

employer while insured is driving a company car

Question 2: Damage by ice to outdoor radio and television antennas and aerials

Answer:

All of the following are the most commonly used personal inland marine forms EXCEPT

1.personal property form.

2.personal articles form.

3.builder's floater form.

4.personal effects form.Question 3: All of the following perils are specifically listed in the policy as being other than collision losses EXCEPT 1.fire.

2.windstorm.

3.freezing or road damage.

4.malicious mischief or vandalism.

Answer:

freezing or road damage Question 4: The insured has a commercial auto policy with a drive other car broadened coverage liability for named individuals (DOC) endorsement. In which of the following would the named individual be covered?

1.racing company car 2.driving neighbor?s auto 3.any vehicle owned by insured 4.family member driving company vehicle

Answer:

driving the neighbors auto

Question 5: Coverage C

Answer:

Which of the following is EXCLUDED as a covered loss under the DP-3 coverage?

1.Freezing of pipes when water is shut off during a vacancy

2.Vandalism in a house vacant for 30 days

3.Sudden seepage from an air conditioning system

4.Damage by ice to outdoor radio and television antennas and aerials Question 6: An insureds place of business is broken in to and merchandise unlawfully taken during the night, the insured is the victim of which type of crime?

1.robbery 2.burglary 3.breaking and entering 4.safe cracking

Answer:

burglary Question 7: An insured with split liability limits of 100/300/100 is at fault in an automobile accident and the other vehicle sustains $6,500 in property damages as well as two occupants have bodily injury and are claiming $150,000 each. What is the most insurance will pay to each occupant?

1.

$100,000

2.

$150,000

3.

$200.000

4.

$300,000

Answer:

$100,000

Question 8: structures other than dwelling

Answer:

Which policy condition is invoked when parties to an insured loss cannot agree?

1.Arbitration

2.Assignment

3.Liberalization

4.Subrogation Question 9: The claims-made liability form provides coverage from a date that precedes the policy effective date. Which of the following defines that date?

1.anniversary date 2.retroactive date 3.occurrence date 4.claims date

Answer:

retroactive date