Rhode Island property and casualty adjuster test spring
2023 solved
Who revokes an adjusters license in Rhode Island?
Insurance Commissioner
While driving a rental car the insured wrecks it. Where is payment made under?
Part A-Property Damage
UMPD has what deductible?
$200
UMPD deductible is not applied if you are struck where?
Rear of the car
State minimums in RI are:
25/50/25
RI has what type of negligence for auto claims?
Pure comparative
How many days do you have to mail forms after a loss is reported?
10 days
What states an adjuster must thoroughly investigate a loss prior to settlement?
Unfair Claims Practice ACT and Regulation 73
Auto insurance follows what
The Car
How many days do you have to add full coverage to a replacement auto?
30 days from date of purchase
If your using your vehicle as a taxi what coverage do you not have?
Med Payments
In a total loss you can't pay more than:
Actual Cash Value
With _____ value, you can't pay more than the policy limit.
Stated Value
Liability under the Personal Auto Policy covers whom?
Resident relatives
Can you use your auto for hire and still have insurance under a Personal Auto
Policy?
NO
Policies become effective are what time?
12:01 AM
Deductibles are found where?
Declarations page
The Insurance Commissioner is empowered to:
Enforce state laws relating to insurance
If an insurance company allows different rates classifications for people of the
same class and hazard they may be guilty of:
Unfair Discrimination
An incorporated insurance company with a capital dividend into shares and
owned by its shareholders is known as:
2023 solved
Who revokes an adjusters license in Rhode Island?
Insurance Commissioner
While driving a rental car the insured wrecks it. Where is payment made under?
Part A-Property Damage
UMPD has what deductible?
$200
UMPD deductible is not applied if you are struck where?
Rear of the car
State minimums in RI are:
25/50/25
RI has what type of negligence for auto claims?
Pure comparative
How many days do you have to mail forms after a loss is reported?
10 days
What states an adjuster must thoroughly investigate a loss prior to settlement?
Unfair Claims Practice ACT and Regulation 73
Auto insurance follows what
The Car
How many days do you have to add full coverage to a replacement auto?
30 days from date of purchase
If your using your vehicle as a taxi what coverage do you not have?
Med Payments
In a total loss you can't pay more than:
Actual Cash Value
With _____ value, you can't pay more than the policy limit.
Stated Value
Liability under the Personal Auto Policy covers whom?
Resident relatives
Can you use your auto for hire and still have insurance under a Personal Auto
Policy?
NO
Policies become effective are what time?
12:01 AM
Deductibles are found where?
Declarations page
The Insurance Commissioner is empowered to:
Enforce state laws relating to insurance
If an insurance company allows different rates classifications for people of the
same class and hazard they may be guilty of:
Unfair Discrimination
An incorporated insurance company with a capital dividend into shares and
owned by its shareholders is known as:
