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NJ PROPERTY CASUALTY INSURANCE
EXAM SET 2026 REAL QUESTIONS WITH
EXPERTLY VERIFIED ANSWERS.
In how many days does a producer have to reply in writing to an
inquiry from the Commissioner?
A. 5 calendar days
B. 10 calendar days
C. 7 calendar days
D. 15 calendar days - correct answer -D. 15 calendar days
A producer received their insured's policy on Monday, March 1st.
What must be its date of delivery?
A. March 2nd
B. March 30th
C. March 10th
D. March 6th - correct answer -C. March 10th
An insurance company wants to open a new branch office. Within
how many days of its opening date, must the company file for a
branch office registration?
A. 7 days
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B. 5 days
C. 14 days
D. 30 days - correct answer -D. 30 days
When must a producer report claims to their insurer?
A. 10 business days
B. 5 business days
C. 30 business days
D. 7 business days - correct answer -B. 5 business days
Symbol 7 in a Business Auto policy refers to:
a. Owned to subject to a compulsory Uninsured Motorist Law
b. Non-owned auto
c. Specifically described auto
d. Hired and non-owned autos - correct answer -c. Specifically
described auto
Which of the following is not covered under Other Than Collision
(comprehensive)?
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A. Hitting a deer
B. Theft
C. Vehicle rollover
D. Vandalism - correct answer -C. Vehicle rollover
How is the amount of Underinsured Motorists coverage (UIM)
calculated?
A. Insured's UIM limits - Driver's BI limits = Amount paid by UIM
coverage
B. Driver's BI - Insured's UIM limits = UIM coverage
C. Insured's BI - Driver's Bi = UIM coverage paid
D. It is a pre-determined set amount per policy - correct answer -
A. Insured's UIM limits - Driver's BI limits = Amount paid by UIM
coverage
Medical Payments, Uninsured Motorists and Underinsured
Motorists coverage:
A. Are automatically included in all vehicle coverage forms
B. Can be added by an endorsement
C. Are sometimes available to carriers
D. Are only available by the use of a Condition Form - correct
answer -A. Are automatically included in all vehicle coverage
forms
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A furniture deliveryman negligently caused an accident while
driving a company owned van. Which type of liability does this
describe?
A. Absolute
B. Strict
C. Consequential
D. Vicarious - correct answer -D. Vicarious
Judge Williams required a bond when Harry sought a court order
against his neighbor to pay damages to his garden. What bond
does this describe?
A. Appeal
B. Injunction
C. Bail
D. Attachment - correct answer -B. Injunction
Hank's neighbor is constantly parking his lawnmower on his
property. After constantly dealing with this matter, he decided to
get a court order to refrain him from parking his lawnmower on his
property. But Hank found out that it was in his neighbor's property
line. What bond was Hank required to post guaranteeing his
neighbor's damage in this wrongful action will be paid?
NJ PROPERTY CASUALTY INSURANCE
EXAM SET 2026 REAL QUESTIONS WITH
EXPERTLY VERIFIED ANSWERS.
In how many days does a producer have to reply in writing to an
inquiry from the Commissioner?
A. 5 calendar days
B. 10 calendar days
C. 7 calendar days
D. 15 calendar days - correct answer -D. 15 calendar days
A producer received their insured's policy on Monday, March 1st.
What must be its date of delivery?
A. March 2nd
B. March 30th
C. March 10th
D. March 6th - correct answer -C. March 10th
An insurance company wants to open a new branch office. Within
how many days of its opening date, must the company file for a
branch office registration?
A. 7 days
, Page | 2
B. 5 days
C. 14 days
D. 30 days - correct answer -D. 30 days
When must a producer report claims to their insurer?
A. 10 business days
B. 5 business days
C. 30 business days
D. 7 business days - correct answer -B. 5 business days
Symbol 7 in a Business Auto policy refers to:
a. Owned to subject to a compulsory Uninsured Motorist Law
b. Non-owned auto
c. Specifically described auto
d. Hired and non-owned autos - correct answer -c. Specifically
described auto
Which of the following is not covered under Other Than Collision
(comprehensive)?
, Page | 3
A. Hitting a deer
B. Theft
C. Vehicle rollover
D. Vandalism - correct answer -C. Vehicle rollover
How is the amount of Underinsured Motorists coverage (UIM)
calculated?
A. Insured's UIM limits - Driver's BI limits = Amount paid by UIM
coverage
B. Driver's BI - Insured's UIM limits = UIM coverage
C. Insured's BI - Driver's Bi = UIM coverage paid
D. It is a pre-determined set amount per policy - correct answer -
A. Insured's UIM limits - Driver's BI limits = Amount paid by UIM
coverage
Medical Payments, Uninsured Motorists and Underinsured
Motorists coverage:
A. Are automatically included in all vehicle coverage forms
B. Can be added by an endorsement
C. Are sometimes available to carriers
D. Are only available by the use of a Condition Form - correct
answer -A. Are automatically included in all vehicle coverage
forms
, Page | 4
A furniture deliveryman negligently caused an accident while
driving a company owned van. Which type of liability does this
describe?
A. Absolute
B. Strict
C. Consequential
D. Vicarious - correct answer -D. Vicarious
Judge Williams required a bond when Harry sought a court order
against his neighbor to pay damages to his garden. What bond
does this describe?
A. Appeal
B. Injunction
C. Bail
D. Attachment - correct answer -B. Injunction
Hank's neighbor is constantly parking his lawnmower on his
property. After constantly dealing with this matter, he decided to
get a court order to refrain him from parking his lawnmower on his
property. But Hank found out that it was in his neighbor's property
line. What bond was Hank required to post guaranteeing his
neighbor's damage in this wrongful action will be paid?
