New York Auto Exam 17-66 – Complete Study
Guide & Prep 2026
All of the following are reasons that an adjuster should keep very detailed log notes, EXCEPT: -
ANSWER ✔✨---To produce notes that will support a fraudulent denial of claims. .
The adjuster's log notes are used to determine negligent parties, to assist in detecting fraud, to become
a part of the claims file, and to be used in future proceedings. The log notes are not intended to produce
a fraudulent record to deny a claim.
When a homeowners policy has been in effect for 60 days in New York, an insurer can cancel at anytime
for any of the following reasons, EXCEPT: - ANSWER ✔✨---A large loss has occurred
George Wilson has a personal auto policy. Select the coverage that would apply when a deer leaps onto
Mr. Wilson's car and causes extensive damage. - ANSWER ✔✨---Comprehensive (other than
collision).
Contact with a bird or animal is considered to be an "other than collision" loss.
What is the purpose of the New York automobile inspection requirement? - ANSWER ✔✨---To
determine prior damage to the vehicle .
The purpose of the New York automobile inspection requirement is to determine if there was prior
damage to the vehicle at the time coverage was put into effect.
, The law recognizes two types of waivers. They are: - ANSWER ✔✨---Express/implied.
They are express and implied. An express waiver occurs when the insurer or its representative knowingly
gives up a known right under the insurance contract. Perhaps the right to request an appraisal of the
damaged property is an example. By comparison, an implied waiver may be the result from some act of
neglect on the part of the adjuster.
In New York, how often may the Superintendent examine insurers doing business in the state? -
ANSWER ✔✨---As often as he/she deems necessary.
Duplicate recovery under New York No-Fault coverage is not permitted. If the employee is covered
under the employer's auto policy what might be done to the employee's personal auto insurance
coverage: - ANSWER ✔✨---PP 05 92 will exclude medical expenses from the basic economic loss
coverage for no-fault benefits. With commercial lines, endorsement CA 22 49 can be used. The
premiums for the basic economic loss (PIP) will be reduced accordingly.
What symbol is used for a hired auto in a commercial automobile policy? - ANSWER ✔✨---Symbol
8 is used to provide hired auto coverage in a commercial automobile policy. It also includes leased,
rented or borrowed.
A New York licensee subject to an administrative action in another jurisdiction or governmental agency
must report such action to the Superintendent within: - ANSWER ✔✨---The Superintendent must
be notified within 30 days of the final disposition of the matter.
Jim Johnson has an automobile policy with a combined single limit of $50,000. He has an at-fault
accident and incurs the following expenses: $30,000 bodily injury judgment; $30,000 property damage
judgment; $5,000 damage to traffic light; $6,000 attorney's fees for his defense; $300 in premiums for
appeal bond; and $75 in bail bond premiums for related traffic violations. What is the maximum amount
his insurance company will pay? - ANSWER ✔✨---56,375
The policy cannot pay more than its limit of liability. Under supplemental coverages in the policy, the
policy will pay the defense costs plus the cost of the premiums on appeal bonds and bail bonds.
Guide & Prep 2026
All of the following are reasons that an adjuster should keep very detailed log notes, EXCEPT: -
ANSWER ✔✨---To produce notes that will support a fraudulent denial of claims. .
The adjuster's log notes are used to determine negligent parties, to assist in detecting fraud, to become
a part of the claims file, and to be used in future proceedings. The log notes are not intended to produce
a fraudulent record to deny a claim.
When a homeowners policy has been in effect for 60 days in New York, an insurer can cancel at anytime
for any of the following reasons, EXCEPT: - ANSWER ✔✨---A large loss has occurred
George Wilson has a personal auto policy. Select the coverage that would apply when a deer leaps onto
Mr. Wilson's car and causes extensive damage. - ANSWER ✔✨---Comprehensive (other than
collision).
Contact with a bird or animal is considered to be an "other than collision" loss.
What is the purpose of the New York automobile inspection requirement? - ANSWER ✔✨---To
determine prior damage to the vehicle .
The purpose of the New York automobile inspection requirement is to determine if there was prior
damage to the vehicle at the time coverage was put into effect.
, The law recognizes two types of waivers. They are: - ANSWER ✔✨---Express/implied.
They are express and implied. An express waiver occurs when the insurer or its representative knowingly
gives up a known right under the insurance contract. Perhaps the right to request an appraisal of the
damaged property is an example. By comparison, an implied waiver may be the result from some act of
neglect on the part of the adjuster.
In New York, how often may the Superintendent examine insurers doing business in the state? -
ANSWER ✔✨---As often as he/she deems necessary.
Duplicate recovery under New York No-Fault coverage is not permitted. If the employee is covered
under the employer's auto policy what might be done to the employee's personal auto insurance
coverage: - ANSWER ✔✨---PP 05 92 will exclude medical expenses from the basic economic loss
coverage for no-fault benefits. With commercial lines, endorsement CA 22 49 can be used. The
premiums for the basic economic loss (PIP) will be reduced accordingly.
What symbol is used for a hired auto in a commercial automobile policy? - ANSWER ✔✨---Symbol
8 is used to provide hired auto coverage in a commercial automobile policy. It also includes leased,
rented or borrowed.
A New York licensee subject to an administrative action in another jurisdiction or governmental agency
must report such action to the Superintendent within: - ANSWER ✔✨---The Superintendent must
be notified within 30 days of the final disposition of the matter.
Jim Johnson has an automobile policy with a combined single limit of $50,000. He has an at-fault
accident and incurs the following expenses: $30,000 bodily injury judgment; $30,000 property damage
judgment; $5,000 damage to traffic light; $6,000 attorney's fees for his defense; $300 in premiums for
appeal bond; and $75 in bail bond premiums for related traffic violations. What is the maximum amount
his insurance company will pay? - ANSWER ✔✨---56,375
The policy cannot pay more than its limit of liability. Under supplemental coverages in the policy, the
policy will pay the defense costs plus the cost of the premiums on appeal bonds and bail bonds.
