Pearson VUE: Casualty Insurance Practice Exam
COMPREHENSIVE QUESTIONS WITH MULTIPLE
CHOICES |VERIFIED & REVISED ANSWERS
(NEW) 2026
Save
Terms in this set (50)
An insured may cancel a Personal C
Auto Policy by taking which of the
following actions?
A. Paying the insurance company
any past due premiums
B. Waiting until the policy expiration
date
C. Giving written notice to the
insurance company
D. Informing the producer by
telephone
,In insurance, which of the following B
terms refers to continuous or
repeated exposure to conditions
that may result in bodily injury or
damage neither expected nor
intended?
A. An accident
B. An occurrence
C. An event
D. A condition
Which of the following vehicles is D
considered a temporary substitute
auto under a Personal Auto policy?
A. A neighbor's pickup truck
borrowed by an insured to run an
errand
B. An auto purchased by an insured
to replace a previously owned
vehicle
C. An auto rented by an insured
when the insured is on vacation
D. An auto rented by an insured
when the insured's car is in a garage
for repairs
, An insurance binder is best D
described as:
A. a large bound volume of rules,
rates, and forms
B. a rate manual supplied by one of
the rating organizations
C. a temporary agreement to pay a
claim pending final settlement
D. temporary short-term evidence
of coverage
Anything that increases the chance B
of loss is known as a(n):
A. risk
B. hazard
C. direct loss
D. indirect loss
COMPREHENSIVE QUESTIONS WITH MULTIPLE
CHOICES |VERIFIED & REVISED ANSWERS
(NEW) 2026
Save
Terms in this set (50)
An insured may cancel a Personal C
Auto Policy by taking which of the
following actions?
A. Paying the insurance company
any past due premiums
B. Waiting until the policy expiration
date
C. Giving written notice to the
insurance company
D. Informing the producer by
telephone
,In insurance, which of the following B
terms refers to continuous or
repeated exposure to conditions
that may result in bodily injury or
damage neither expected nor
intended?
A. An accident
B. An occurrence
C. An event
D. A condition
Which of the following vehicles is D
considered a temporary substitute
auto under a Personal Auto policy?
A. A neighbor's pickup truck
borrowed by an insured to run an
errand
B. An auto purchased by an insured
to replace a previously owned
vehicle
C. An auto rented by an insured
when the insured is on vacation
D. An auto rented by an insured
when the insured's car is in a garage
for repairs
, An insurance binder is best D
described as:
A. a large bound volume of rules,
rates, and forms
B. a rate manual supplied by one of
the rating organizations
C. a temporary agreement to pay a
claim pending final settlement
D. temporary short-term evidence
of coverage
Anything that increases the chance B
of loss is known as a(n):
A. risk
B. hazard
C. direct loss
D. indirect loss
