New York auto exam 17-66 study |\ |\ |\ |\ |\ |\
questions with answers |\ |\
All of the following are reasons that an adjuster should
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\
keep very detailed log notes, EXCEPT: - CORRECT
|\ |\ |\ |\ |\ |\ |\ |\
ANSWERS ✔✔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: - CORRECT ANSWERS ✔✔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. - CORRECT
|\ |\ |\ |\ |\ |\ |\ |\
ANSWERS ✔✔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? - CORRECT ANSWERS ✔✔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: -
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\
CORRECT ANSWERS ✔✔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? - CORRECT |\ |\ |\ |\ |\ |\ |\ |\
ANSWERS ✔✔As often as he/she deems necessary. |\ |\ |\ |\ |\ |\
questions with answers |\ |\
All of the following are reasons that an adjuster should
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\
keep very detailed log notes, EXCEPT: - CORRECT
|\ |\ |\ |\ |\ |\ |\ |\
ANSWERS ✔✔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: - CORRECT ANSWERS ✔✔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. - CORRECT
|\ |\ |\ |\ |\ |\ |\ |\
ANSWERS ✔✔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? - CORRECT ANSWERS ✔✔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: -
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\
CORRECT ANSWERS ✔✔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? - CORRECT |\ |\ |\ |\ |\ |\ |\ |\
ANSWERS ✔✔As often as he/she deems necessary. |\ |\ |\ |\ |\ |\
