ONTARIO AUTO EXAM (RIBO) EXAM 2026-2027 LATEST
UPDATED VERSION QUESTIONS AND ANSWERS
Which of the following statements is NOT true? Lawsuits in Ontario are:
A. Permitted with respect to economic loss under certain circumstances.
B. Not permitted with respect to non-economic loss unless the threshold has been met.
C. Not permitted with respect to most health care expenses.
D. Not permitted with respect to catastrophic impairment.
HINT - a person injured in a car accident can be found to be CATASTROPHICALLY IMPAIRED in a number
of different ways, including paraplegia or quadriplegia, total loss of vision in both eyes, amputation of a
limb, brain injury, significant physical impairment or significant psychological disorder. - answer>>D.
Not permitted with respect to catastrophic impairment.
Provincial Insurance Acts governing automobile insurance applications state that:
A. A signed application must be obtained before a policy can be issued.
B. A signed application must be obtained after the policy is issued.
C. No application is required unless the insurer wants it.
D. If a policy is issued without a signed application the insurer must send a true copy of the application
to the insured for signature. - answer>>D. If a policy is issued without a signed application the insurer
must send a true copy of the application to the insured for signature.
To a person who has made or who knows of a material misrepresentation, the insurer is NOT required
to pay:
A. Attendant care benefits
B. Death and funeral benefits.
C. Income Replacement benefits.
,D. Any of the above. - answer>>C. Income Replacement benefits.
All accidents and claims within the following time period immediately proceeding the application must
be disclosed.
A. Three (3) years.
B. Four (4) years.
C. Five (5) years.
D. Six (6) years. - answer>>D. Six (6) years.
Under the Third Party Liability coverage of an automobile policy, which of the following would NOT be
covered?
A. A passenger in the auto.
B. The named insured.
C. Someone who has permission to drive the auto.
D. Someone who has taken the insured automobile without consent. - answer>>D. Someone who has
taken the insured automobile without consent.
Recovery from the responsible party for loss of income as a result of an auto accident, AFTER TRIAL:
A. 80% of net income.
B. 90% of net income.
C. 90% of gross income.
D. 100% of gross income.
HINT - Economic Loss: Income
No threshold, all individuals entitled to recover subject to fault:
1. 70% of gross income from 7 days after accident up to DATE OF TRIAL.
,2. AFTER TRIAL, potential to recover 100% gross income for future ECONOMIC LOSS. - answer>>D. 100%
of gross income.
When a third party has been injured, which of the following could jeopardize the insured's auto
coverage?
A. Not admitting responsibility even if he feels at fault.
B. Refusing to discuss the claim with the third party.
C. Reporting the claim directly to the insurer instead of to the agent/broker.
D. Trying to settle amicably with the third party.
HINT - Absolute Liability - answer>>
Which one (1) of the following statements is TRUE?
A. Limits payable under the no-fault Accident Benefits are stated in the Highway Traffic Act.
B. Collateral benefits are any sources of entitlement outside of the auto insurance policy.
C. Rehabilitation and physical therapy expenses are not payable under no-fault accident benefits.
D. The Family Protection Endorsement applied only in single vehicle accidents.
HINT - A,C,D are all false statements. - answer>>B. Collateral benefits are any sources of entitlement
outside of the auto insurance policy.
The insured, John Smith, is driving Robert Brown's auto as a temporary substitute auto and is
responsible for an accident where the award to the innocent third party amounts to $800,000. Smith
carries limits of $1,000,000 while Brown only carries $500,000 on his policy. Smith's insurer would pay:
A. $0
B. $300,000
, C. $500,000
D. $800,000
Hint - Calculation :
Amount Payable by Smith's Insurance = Total Payable ($800,000) - Brown's Own Insurance Limit
($500,000) - answer>>B. $300,000
Priorities of payment related to payment of which types of losses under an automobile policy?
A. Collision and property damage.
B. Collision and direct compensation.
C. Comprehensive and bodily injury.
D Bodily injury and property damage
HINT - $200,000
($190K or 95% to Bodily Injury)
($10k or 5% to Property Damage) - answer>>D Bodily injury and property damage
Under Section 3: Liability coverage, the insured is entitled to:
A. Out of pocket expenses for immediate medical aid.
B. Damage to the property in the care, custody and control of the insured.
C. Legal fees and legal representation, when suing an at-fault third party for a threshold injury.
D. $200,000 coverage under absolute liability provision, even if insured has contravened a term of the
contract. - answer>>A. Out of pocket expenses for immediate medical aid.
The insured has a $300 deductible. In which of the following cases would it not apply:
UPDATED VERSION QUESTIONS AND ANSWERS
Which of the following statements is NOT true? Lawsuits in Ontario are:
A. Permitted with respect to economic loss under certain circumstances.
B. Not permitted with respect to non-economic loss unless the threshold has been met.
C. Not permitted with respect to most health care expenses.
D. Not permitted with respect to catastrophic impairment.
HINT - a person injured in a car accident can be found to be CATASTROPHICALLY IMPAIRED in a number
of different ways, including paraplegia or quadriplegia, total loss of vision in both eyes, amputation of a
limb, brain injury, significant physical impairment or significant psychological disorder. - answer>>D.
Not permitted with respect to catastrophic impairment.
Provincial Insurance Acts governing automobile insurance applications state that:
A. A signed application must be obtained before a policy can be issued.
B. A signed application must be obtained after the policy is issued.
C. No application is required unless the insurer wants it.
D. If a policy is issued without a signed application the insurer must send a true copy of the application
to the insured for signature. - answer>>D. If a policy is issued without a signed application the insurer
must send a true copy of the application to the insured for signature.
To a person who has made or who knows of a material misrepresentation, the insurer is NOT required
to pay:
A. Attendant care benefits
B. Death and funeral benefits.
C. Income Replacement benefits.
,D. Any of the above. - answer>>C. Income Replacement benefits.
All accidents and claims within the following time period immediately proceeding the application must
be disclosed.
A. Three (3) years.
B. Four (4) years.
C. Five (5) years.
D. Six (6) years. - answer>>D. Six (6) years.
Under the Third Party Liability coverage of an automobile policy, which of the following would NOT be
covered?
A. A passenger in the auto.
B. The named insured.
C. Someone who has permission to drive the auto.
D. Someone who has taken the insured automobile without consent. - answer>>D. Someone who has
taken the insured automobile without consent.
Recovery from the responsible party for loss of income as a result of an auto accident, AFTER TRIAL:
A. 80% of net income.
B. 90% of net income.
C. 90% of gross income.
D. 100% of gross income.
HINT - Economic Loss: Income
No threshold, all individuals entitled to recover subject to fault:
1. 70% of gross income from 7 days after accident up to DATE OF TRIAL.
,2. AFTER TRIAL, potential to recover 100% gross income for future ECONOMIC LOSS. - answer>>D. 100%
of gross income.
When a third party has been injured, which of the following could jeopardize the insured's auto
coverage?
A. Not admitting responsibility even if he feels at fault.
B. Refusing to discuss the claim with the third party.
C. Reporting the claim directly to the insurer instead of to the agent/broker.
D. Trying to settle amicably with the third party.
HINT - Absolute Liability - answer>>
Which one (1) of the following statements is TRUE?
A. Limits payable under the no-fault Accident Benefits are stated in the Highway Traffic Act.
B. Collateral benefits are any sources of entitlement outside of the auto insurance policy.
C. Rehabilitation and physical therapy expenses are not payable under no-fault accident benefits.
D. The Family Protection Endorsement applied only in single vehicle accidents.
HINT - A,C,D are all false statements. - answer>>B. Collateral benefits are any sources of entitlement
outside of the auto insurance policy.
The insured, John Smith, is driving Robert Brown's auto as a temporary substitute auto and is
responsible for an accident where the award to the innocent third party amounts to $800,000. Smith
carries limits of $1,000,000 while Brown only carries $500,000 on his policy. Smith's insurer would pay:
A. $0
B. $300,000
, C. $500,000
D. $800,000
Hint - Calculation :
Amount Payable by Smith's Insurance = Total Payable ($800,000) - Brown's Own Insurance Limit
($500,000) - answer>>B. $300,000
Priorities of payment related to payment of which types of losses under an automobile policy?
A. Collision and property damage.
B. Collision and direct compensation.
C. Comprehensive and bodily injury.
D Bodily injury and property damage
HINT - $200,000
($190K or 95% to Bodily Injury)
($10k or 5% to Property Damage) - answer>>D Bodily injury and property damage
Under Section 3: Liability coverage, the insured is entitled to:
A. Out of pocket expenses for immediate medical aid.
B. Damage to the property in the care, custody and control of the insured.
C. Legal fees and legal representation, when suing an at-fault third party for a threshold injury.
D. $200,000 coverage under absolute liability provision, even if insured has contravened a term of the
contract. - answer>>A. Out of pocket expenses for immediate medical aid.
The insured has a $300 deductible. In which of the following cases would it not apply:
