Property and Casualty Insurance Exam – Georgia Questions and Answers 100% Pass

Property and Casualty Insurance Exam – Georgia Questions and Answers 100% Pass
Question 1: The arbitration clause in a personal auto policy
would be used in which of the following circumstances?
A. The ins company and a pedestrian struck by the insured's
auto cannot reach an agreement regarding the settlement of a
claim.
B. The insured and an injured 3rd party cannot reach an
agreement regarding the settlement of a claim.
C. The court have ruled against an injured 3th party.
B. The insured and an injured 3rd party cannot reach an
agreement regarding the settlement of a claim.
CORRECT ANSWER: A. The ins company and a pedestrian
struck by the insured's auto cannot reach an agreement regarding
the settlement of a claim.
Question 2: Which of the following bonds protects an employer
fro the actions of dishonest employees?

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