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AUTO ADJUSTER EXAM 17-66;
COMPREHENSIVE Q&A FOR GUARANTEED
SUCCESS
While stopped in traffic at a red light your car is hit in the rear by Mr. Jones. The
damage to your car would be addressed by which of the following coverages? -
correct-answer-Mr. Jones property damage liability and your collision insurance. .
If Mr. Jones is negligent his policy should pay for the damage under his property
damage coverage. The insured can also request payment under his collision
insurance and let his insurer subrogate against Mr. Jones.
An insurance professional that is accused of dishonesty or breach of trust
involving interstate commerce under the Federal Fraud and False Statement
Regulation of the United States Code (USC 1033) will be prosecuted by: -correct-
answer-The U.S. Attorney general.
Which of the following would not be addressed by a court in the determination of
a declaratory judgment? -correct-answer-Determine fault or monetary damages.
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All of the following are covered by the Terrorism Risk Insurance Program
Reauthorization Act of 2015, EXCEPT: -correct-answer-Commercial Automobile.
Commercial Automobile was covered under the TRIA of 2002, however, with the
reauthorization in 2015, it is now excluded. Commercial property, commercial
casualty, and workers compensation coverage have been covered since 2002 and
are still covered under the 2015 reauthorization.
In order to proceed with subrogation, the insurance company generally: -correct-
answer-Takes a subrogation assignment from the insured.
Under a personal auto policy newly acquired additional vehicles are covered
automatically for a limited period of time. This automatic coverage: -correct-
answer-Is as broad as the broadest coverage for any vehicle shown in the
declarations. .
Liability coverage is continuous until the end of the policy period. To continue
physical damage coverage certain restrictions and limitations apply as to the
number of days the insured has in the reporting of the vehicle to the insurer. In
North Carolina it is 30 days. For most other states it is 14 days.
In regards to a personal auto policy, which of the following statements is
incorrect? -correct-answer-The maximum amount payable under the
Supplementary Payments is $250.
AUTO ADJUSTER EXAM 17-66;
COMPREHENSIVE Q&A FOR GUARANTEED
SUCCESS
While stopped in traffic at a red light your car is hit in the rear by Mr. Jones. The
damage to your car would be addressed by which of the following coverages? -
correct-answer-Mr. Jones property damage liability and your collision insurance. .
If Mr. Jones is negligent his policy should pay for the damage under his property
damage coverage. The insured can also request payment under his collision
insurance and let his insurer subrogate against Mr. Jones.
An insurance professional that is accused of dishonesty or breach of trust
involving interstate commerce under the Federal Fraud and False Statement
Regulation of the United States Code (USC 1033) will be prosecuted by: -correct-
answer-The U.S. Attorney general.
Which of the following would not be addressed by a court in the determination of
a declaratory judgment? -correct-answer-Determine fault or monetary damages.
, 2|Page
All of the following are covered by the Terrorism Risk Insurance Program
Reauthorization Act of 2015, EXCEPT: -correct-answer-Commercial Automobile.
Commercial Automobile was covered under the TRIA of 2002, however, with the
reauthorization in 2015, it is now excluded. Commercial property, commercial
casualty, and workers compensation coverage have been covered since 2002 and
are still covered under the 2015 reauthorization.
In order to proceed with subrogation, the insurance company generally: -correct-
answer-Takes a subrogation assignment from the insured.
Under a personal auto policy newly acquired additional vehicles are covered
automatically for a limited period of time. This automatic coverage: -correct-
answer-Is as broad as the broadest coverage for any vehicle shown in the
declarations. .
Liability coverage is continuous until the end of the policy period. To continue
physical damage coverage certain restrictions and limitations apply as to the
number of days the insured has in the reporting of the vehicle to the insurer. In
North Carolina it is 30 days. For most other states it is 14 days.
In regards to a personal auto policy, which of the following statements is
incorrect? -correct-answer-The maximum amount payable under the
Supplementary Payments is $250.
