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AIC 303 PRACTICE EXAM NEWEST 2026
ACTUAL EXAM QUESTIONS AND CORRECT
DETAILED ANSWERS (VERIFIED ANSWERS) ALL
ANSWERED {50 Q & A} ALREADY GRADED A+ |
BRAND NEW! | 100% GUARANTEED PASS
Vanessa is a claims rep investigating damage from a fallen tree
branch that damaged a client's roof, which is two stories above
ground. Which one of the following applications of technology is
likely to be most helpful?
A. The Internet of Things
B. Drone photography
C. Heat mapping
D. Satellite imagery - ✔✔✔ Correct Answer > B. Drone photography
The hospital that treated Dante following a car accident notifies
his insurer of a lien on the claim for medical services rendered.
Having been formally communicated to the insurer, the lien is
now known as
A. A documented lien.
B. A perfected lien.
C. A transmitted lien.
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D. An outstanding lien. - ✔✔✔ Correct Answer > B. A perfected lien.
Conor is handling an auto claim involving the death of a minor
child in a state that recognizes the intrinsic value of children.
Conor's proposed settlement amount will include
A. The child's value according to the state's defined fee structure.
B. A calculated value of the child's future services to the parents.
C. The child's value according to the insurer's defined fee
structure.
D. No calculated value of the child's future services to the
parents. - ✔✔✔ Correct Answer > B. A calculated value of the child's
future services to the parents.
Which one of the following statements concerning the policy
forms used by insurers to provide excess liability and umbrella
liability coverage is most accurate?
A. Most insurers use standardized forms for their excess and
umbrella liability forms because the policy language has usually
been tested in court already.
B. Almost all excess liability insurance policies are written on
standardized forms, while almost all umbrella liability policies
are manuscript forms.
C. Umbrella liability policies are written on standardized policy
forms, while excess liability policies are usually manuscript
policies.
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D. Many insurers do not use standardized policies for excess and
umbrella liability policies, and the policies vary considerably in
the coverages they offer. - ✔✔✔ Correct Answer > D. Many insurers do
not use standardized policies for excess and umbrella liability
policies, and the policies vary considerably in the coverages they
offer.
Regarding property damage coverage under the Section II—
Additional Coverages for Damage to Property of Others in the
HO-3 policy, the insurer will
A. Pay for damage to property owned by a tenant of the insured.
B. Not pay for any damage to property owned by the insured.
C. Not pay for intentional property damage to a neighbor's home
caused by a 12-year-old insured.
D. Pay for damage to property owned by a resident of the named
insured's household - ✔✔✔ Correct Answer > B. Not pay for any
damage to property owned by the insured.
Chelsea is injured in an accident caused by an uninsured
motorist and signs a UM release. Which one of the following is
correct?
A. She must cooperate with her insurer in pursuing subrogation.
B. She may choose any responsible third party to subrogate
against the responsible motorist.
AIC 303 PRACTICE EXAM NEWEST 2026
ACTUAL EXAM QUESTIONS AND CORRECT
DETAILED ANSWERS (VERIFIED ANSWERS) ALL
ANSWERED {50 Q & A} ALREADY GRADED A+ |
BRAND NEW! | 100% GUARANTEED PASS
Vanessa is a claims rep investigating damage from a fallen tree
branch that damaged a client's roof, which is two stories above
ground. Which one of the following applications of technology is
likely to be most helpful?
A. The Internet of Things
B. Drone photography
C. Heat mapping
D. Satellite imagery - ✔✔✔ Correct Answer > B. Drone photography
The hospital that treated Dante following a car accident notifies
his insurer of a lien on the claim for medical services rendered.
Having been formally communicated to the insurer, the lien is
now known as
A. A documented lien.
B. A perfected lien.
C. A transmitted lien.
,2|Page
D. An outstanding lien. - ✔✔✔ Correct Answer > B. A perfected lien.
Conor is handling an auto claim involving the death of a minor
child in a state that recognizes the intrinsic value of children.
Conor's proposed settlement amount will include
A. The child's value according to the state's defined fee structure.
B. A calculated value of the child's future services to the parents.
C. The child's value according to the insurer's defined fee
structure.
D. No calculated value of the child's future services to the
parents. - ✔✔✔ Correct Answer > B. A calculated value of the child's
future services to the parents.
Which one of the following statements concerning the policy
forms used by insurers to provide excess liability and umbrella
liability coverage is most accurate?
A. Most insurers use standardized forms for their excess and
umbrella liability forms because the policy language has usually
been tested in court already.
B. Almost all excess liability insurance policies are written on
standardized forms, while almost all umbrella liability policies
are manuscript forms.
C. Umbrella liability policies are written on standardized policy
forms, while excess liability policies are usually manuscript
policies.
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D. Many insurers do not use standardized policies for excess and
umbrella liability policies, and the policies vary considerably in
the coverages they offer. - ✔✔✔ Correct Answer > D. Many insurers do
not use standardized policies for excess and umbrella liability
policies, and the policies vary considerably in the coverages they
offer.
Regarding property damage coverage under the Section II—
Additional Coverages for Damage to Property of Others in the
HO-3 policy, the insurer will
A. Pay for damage to property owned by a tenant of the insured.
B. Not pay for any damage to property owned by the insured.
C. Not pay for intentional property damage to a neighbor's home
caused by a 12-year-old insured.
D. Pay for damage to property owned by a resident of the named
insured's household - ✔✔✔ Correct Answer > B. Not pay for any
damage to property owned by the insured.
Chelsea is injured in an accident caused by an uninsured
motorist and signs a UM release. Which one of the following is
correct?
A. She must cooperate with her insurer in pursuing subrogation.
B. She may choose any responsible third party to subrogate
against the responsible motorist.
