California Property And Casualty
Insurance Exam Questions With Correct
Answers
What bis bthe brequired brate bdiscount bunder ba bGood bDriver bDiscount bpolicy? b-
bcorrect banswers✔✔20% bbelow bthe brate bthe binsured bwould bhave bbeen botherwise
bcharged bfor bthe bsame bcoverage
All bthe bfollowing bare bauthorized bactivities bfor bthe bLimited bAutomobile bInsurance
bAgent bEXCEPT bif bthe bagent b- bcorrect banswers✔✔Charges band bcollects ba bbrokers
bfee bfor bservice
What bis bthe bprocedure bfor brefusing buninsured bmotorist bcoverage bin ba bliability
bpolicy? b- bcorrect banswers✔✔Prior bto bissuance bor brenewal, bthe binsured bmay bstate
bin bwriting bthat bthey bdo bnot bwant bthe bcoverage
How bmany bclasses bof binsurance bare bdefined bunder bCalifornia bInsurance bLaw,
bincluding b"miscellaneous" band b"reserved" b- bcorrect banswers✔✔There bare ba btotal
bof b20 bclasses bof binsurance bdefined bunder bCalifornia bLaw, bwith bmany bsub-classes.
When bcan ba bperson bwho bsells breal bproperty brequire bthe buse bof ba bspecific
binsurance bagent, bbroker bor bsolicitor? b- bcorrect banswers✔✔A bbuyer bis balways bable
bto bchoose btheir bown binsurance brepresentative
All bthe bfollowing bare brequirements bfor bdetermining ban barea bthat bqualifies bfor bLow
bCost bAutomobile bInsurance bEXCEPT b- bcorrect banswers✔✔The bnumber bof bauto
baccidents bthat boccur bwithin bthe bcountry
Which bof bthe bfollowing bdescribes ba bcontract bof breinsurance? b- bcorrect
banswers✔✔The bfirst binsurer bissues binsurance bto bcompensate banother binsurer bfor
blosses bon bcontracts bissued bby bthat bsecond binsurer
The bmanaging bGeneral bAgent bnegotiates band bbinds bceding bInsurance bon bbehalf
bof bwhom? b- bcorrect banswers✔✔The binsurer
, All bof bthe bfollowing bare bduties bof ba bManaging bGeneral bAgent bEXCEPT b- bcorrect
banswers✔✔Delivering bpolicies bto bthe binsured
Who bis bable bto bplace bbusiness bthrough bthe bCalifornia bAutomobile bAssessed bRisk
bProgram? b- bcorrect banswers✔✔Only bagent/brokers blicensed bin bfire band bCasualty
bwho bhave balso bbeen bcertified bthrough bCAARP
Can ba blender, bas ba bcondition bof bmaking ba bloan, brequire bthat bany binsurance bbe
bplaced bthrough ba bparticular binsurance bagent bor bbroker? b- bcorrect banswers✔✔The
bloan brecipient bmay balways bselect ba bparticular bagent bor bbroker bof btheir bchoosing
All bof bthe bfollowing bapply bto b"Approved bof bInsurance bRates" bEXCEPT b- bcorrect
banswers✔✔A bcommissioner bshall bnotify bthe bpublic bof ba brate bchange bafter bit bhas
bbeen bapproved
Who bmust bbe bable bto binspect brecords bof binsurance btransactions bmade bavailability
bby bagent-brokers bat bany btime? b- bcorrect banswers✔✔The binsurance bcommissioner
All bthe bfollowing bconditions bmust bbe bmet bbefore ba bsurplus blines bbroker bmay bplace
binsurance bwith ba bnonadmitted binsurer bEXCEPT b- bcorrect banswers✔✔That bthe
brate bfor bthe bplaces binsurance bmust bbe bthe blowest boptio
In bconducting bthe bbusiness band baffairs bof bthe bState bCompensation bInsurance
bFund, bthe bpresident bof bthe bfund bmay bdo bany bof bthe bfollowing bEXCEPT b- bcorrect
banswers✔✔Sell blife binsurance bcovering bcompensation bbenefits
Which bis ban bACCURATE bstatement bregarding bthe bList bof bApproved bSurplus bLines
bInsurers b- bcorrect banswers✔✔Eligible bcarriers bdo bnot bneed bto bfile bdocuments bwith
bthe bCalifornia bDepartment bof bInsurance
A bpersonal blines blicensed bis ban bagent-broker bwho bis bable bto btransact bcoverage
bfor ball bof bthe bfollowing bEXCEPT b- bcorrect banswers✔✔Personal baircraft
What bis bthe bmaximum bcoverage ballowed bthrough bthe bCalifornia bAutomobile
bAssigned bRisk bProgram bfor bbodily binjury band bdeath? b- bcorrect banswers✔✔The
bmax bcoverage bper baccident bis blimited bto b$30,000 bof ball bpersons bas ba bresult bof
bany bone baccident
What bis bthe bmethod bused bfor bplacing bbusiness bwith bthe bCalifornia bAutomobile
bAssigned bRisk bProgram? b- bcorrect banswers✔✔The bpercentage bof bCAARP bpolicies
brequires bis bequal bto bthe bpercentage bof bregular binsurance bpolicies bthe binsurer bhas
bissued bwithin bthe bstate
How bmany bdays bprior bto bpolicy bexpiration bis ban binsurer brequires bto bmail ba bnon
brenewal bnotice bto bthe bnamed binsured? b- bcorrect banswers✔✔30 bdays
Insurance Exam Questions With Correct
Answers
What bis bthe brequired brate bdiscount bunder ba bGood bDriver bDiscount bpolicy? b-
bcorrect banswers✔✔20% bbelow bthe brate bthe binsured bwould bhave bbeen botherwise
bcharged bfor bthe bsame bcoverage
All bthe bfollowing bare bauthorized bactivities bfor bthe bLimited bAutomobile bInsurance
bAgent bEXCEPT bif bthe bagent b- bcorrect banswers✔✔Charges band bcollects ba bbrokers
bfee bfor bservice
What bis bthe bprocedure bfor brefusing buninsured bmotorist bcoverage bin ba bliability
bpolicy? b- bcorrect banswers✔✔Prior bto bissuance bor brenewal, bthe binsured bmay bstate
bin bwriting bthat bthey bdo bnot bwant bthe bcoverage
How bmany bclasses bof binsurance bare bdefined bunder bCalifornia bInsurance bLaw,
bincluding b"miscellaneous" band b"reserved" b- bcorrect banswers✔✔There bare ba btotal
bof b20 bclasses bof binsurance bdefined bunder bCalifornia bLaw, bwith bmany bsub-classes.
When bcan ba bperson bwho bsells breal bproperty brequire bthe buse bof ba bspecific
binsurance bagent, bbroker bor bsolicitor? b- bcorrect banswers✔✔A bbuyer bis balways bable
bto bchoose btheir bown binsurance brepresentative
All bthe bfollowing bare brequirements bfor bdetermining ban barea bthat bqualifies bfor bLow
bCost bAutomobile bInsurance bEXCEPT b- bcorrect banswers✔✔The bnumber bof bauto
baccidents bthat boccur bwithin bthe bcountry
Which bof bthe bfollowing bdescribes ba bcontract bof breinsurance? b- bcorrect
banswers✔✔The bfirst binsurer bissues binsurance bto bcompensate banother binsurer bfor
blosses bon bcontracts bissued bby bthat bsecond binsurer
The bmanaging bGeneral bAgent bnegotiates band bbinds bceding bInsurance bon bbehalf
bof bwhom? b- bcorrect banswers✔✔The binsurer
, All bof bthe bfollowing bare bduties bof ba bManaging bGeneral bAgent bEXCEPT b- bcorrect
banswers✔✔Delivering bpolicies bto bthe binsured
Who bis bable bto bplace bbusiness bthrough bthe bCalifornia bAutomobile bAssessed bRisk
bProgram? b- bcorrect banswers✔✔Only bagent/brokers blicensed bin bfire band bCasualty
bwho bhave balso bbeen bcertified bthrough bCAARP
Can ba blender, bas ba bcondition bof bmaking ba bloan, brequire bthat bany binsurance bbe
bplaced bthrough ba bparticular binsurance bagent bor bbroker? b- bcorrect banswers✔✔The
bloan brecipient bmay balways bselect ba bparticular bagent bor bbroker bof btheir bchoosing
All bof bthe bfollowing bapply bto b"Approved bof bInsurance bRates" bEXCEPT b- bcorrect
banswers✔✔A bcommissioner bshall bnotify bthe bpublic bof ba brate bchange bafter bit bhas
bbeen bapproved
Who bmust bbe bable bto binspect brecords bof binsurance btransactions bmade bavailability
bby bagent-brokers bat bany btime? b- bcorrect banswers✔✔The binsurance bcommissioner
All bthe bfollowing bconditions bmust bbe bmet bbefore ba bsurplus blines bbroker bmay bplace
binsurance bwith ba bnonadmitted binsurer bEXCEPT b- bcorrect banswers✔✔That bthe
brate bfor bthe bplaces binsurance bmust bbe bthe blowest boptio
In bconducting bthe bbusiness band baffairs bof bthe bState bCompensation bInsurance
bFund, bthe bpresident bof bthe bfund bmay bdo bany bof bthe bfollowing bEXCEPT b- bcorrect
banswers✔✔Sell blife binsurance bcovering bcompensation bbenefits
Which bis ban bACCURATE bstatement bregarding bthe bList bof bApproved bSurplus bLines
bInsurers b- bcorrect banswers✔✔Eligible bcarriers bdo bnot bneed bto bfile bdocuments bwith
bthe bCalifornia bDepartment bof bInsurance
A bpersonal blines blicensed bis ban bagent-broker bwho bis bable bto btransact bcoverage
bfor ball bof bthe bfollowing bEXCEPT b- bcorrect banswers✔✔Personal baircraft
What bis bthe bmaximum bcoverage ballowed bthrough bthe bCalifornia bAutomobile
bAssigned bRisk bProgram bfor bbodily binjury band bdeath? b- bcorrect banswers✔✔The
bmax bcoverage bper baccident bis blimited bto b$30,000 bof ball bpersons bas ba bresult bof
bany bone baccident
What bis bthe bmethod bused bfor bplacing bbusiness bwith bthe bCalifornia bAutomobile
bAssigned bRisk bProgram? b- bcorrect banswers✔✔The bpercentage bof bCAARP bpolicies
brequires bis bequal bto bthe bpercentage bof bregular binsurance bpolicies bthe binsurer bhas
bissued bwithin bthe bstate
How bmany bdays bprior bto bpolicy bexpiration bis ban binsurer brequires bto bmail ba bnon
brenewal bnotice bto bthe bnamed binsured? b- bcorrect banswers✔✔30 bdays
