Casualty Exam | Questions with 100% Correct
Answers | Verified | Latest Update 2026
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Terms in this set (54)
Screeners A ____________ ensures that the information in an
insurance policy is accurate and complete.
Raters are the insurance company employees who
calculate the required premium amount based
upon the information provided by actuaries.
All states coverage provides coverage for an
insured who is traveling through or working
temporarily in a state other than the primary
location
Last clear chance defense: A party that sustains a
loss cannot recover any damages if the party had
an opportunity or a clear chance to avoid the loss,
yet ignored that chance.
Intervening cause: The party will not be found
responsible for the loss if it was caused by an
intervening cause beyond his control.
, Garage coverage forms provide liability coverage,
garagekeepers coverage and physical damage
coverage to gas stations, parking garages,
automobile dealers, plus other auto related
businesses. There are two designations for covered
autos for garage coverage:
Symbol 31 coverage applies to property damage
to dealer automobiles, including vehicles for sale
being held by the dealer
Assumption of Risk If a party knew of the risks of her conduct or an
action, yet still proceeded with the conduct or act,
the party is not permitted to collect damages.
Contributory Negligence - Defense Under contributory negligence, a plaintiff was
totally barred from recovery if they were in any
way negligent in causing the accident, even if the
negligence of the defendant was much more
serious.
Comparative Negligence A rule in tort law, used in the majority of states, that
reduces the plaintiff's recovery in proportion to the
plaintiff's degree of fault, rather than barring
recovery completely.
Symbol 48 and 49 cover tractor trailers.
-Symbol 30 coverage is for customer autos that are
being held by the insured for the purposes of
service, safe storage or repair
Answers | Verified | Latest Update 2026
Save
Terms in this set (54)
Screeners A ____________ ensures that the information in an
insurance policy is accurate and complete.
Raters are the insurance company employees who
calculate the required premium amount based
upon the information provided by actuaries.
All states coverage provides coverage for an
insured who is traveling through or working
temporarily in a state other than the primary
location
Last clear chance defense: A party that sustains a
loss cannot recover any damages if the party had
an opportunity or a clear chance to avoid the loss,
yet ignored that chance.
Intervening cause: The party will not be found
responsible for the loss if it was caused by an
intervening cause beyond his control.
, Garage coverage forms provide liability coverage,
garagekeepers coverage and physical damage
coverage to gas stations, parking garages,
automobile dealers, plus other auto related
businesses. There are two designations for covered
autos for garage coverage:
Symbol 31 coverage applies to property damage
to dealer automobiles, including vehicles for sale
being held by the dealer
Assumption of Risk If a party knew of the risks of her conduct or an
action, yet still proceeded with the conduct or act,
the party is not permitted to collect damages.
Contributory Negligence - Defense Under contributory negligence, a plaintiff was
totally barred from recovery if they were in any
way negligent in causing the accident, even if the
negligence of the defendant was much more
serious.
Comparative Negligence A rule in tort law, used in the majority of states, that
reduces the plaintiff's recovery in proportion to the
plaintiff's degree of fault, rather than barring
recovery completely.
Symbol 48 and 49 cover tractor trailers.
-Symbol 30 coverage is for customer autos that are
being held by the insured for the purposes of
service, safe storage or repair
