TEXAS PROPERTY AND CASUALTY INSURANCE, INSURANCE PRACTICE EXAM, P&C TEST BANK, TEXAS INSURANCE EXAM PREP, PROPERTY CASUALTY QUESTIONS, INSURANCE TEST

TEXAS PROPERTY AND CASUALTY INSURANCE, INSURANCE PRACTICE EXAM, P&C TEST BANK, TEXAS INSURANCE EXAM PREP, PROPERTY CASUALTY QUESTIONS, INSURANCE TEST
Question : Which of the following would NOT qualify as a
hired auto?
An auto hired by an employer
An Auto leased from a commercial rental company
An Auto rented for personal use
An Auto borrowed from an employee
Correct Answer: An auto borrowed from an employee
Question : What method of premium computation relates an
employer's losses, payroll, and premiums to the rating
bureau's classifications of operations?
Correct Answer: Experience modification factor
Question : The proof of loss statement must be

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