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The customer needs to be notified of the use of original equipment manufacturer parts under what circumstances.
a) when the vehicle is more than 36 months old
b) when the vehicle is less than 30 months old from the date of purchase
c) when the vehicle is less than 30 months old from the date of manufacuture
d) when the vehicle is less than 36 months old |
c) when the vehicle is less than 30 months old from the date of manufacuture |
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p3779 Thu, 30 Oct 2008 21:04:11 GMT |
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Which vehicle wold be covered as a temporary auto:
a) a car provided by a dealer while your vehicle is being repaired.
b) vehicle being used on vacation
c) vehicle you borrowed from your neighbor
d) vehicle you borrowed from your sister |
a) a car provided by a dealer while your vehicle is being repaired. |
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p3779 Thu, 30 Oct 2008 21:04:11 GMT |
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If a non waiver is not returned what do you do?
a) cancel policy
b) non-renew policy
c) send a reservation of rights letter
d)suspend coverage |
c) send a reservation of rights letter |
0 |
p3779 Thu, 30 Oct 2008 21:04:11 GMT |
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What is the definition of ACV
a) replacement at the time of purchase minus depreciation.
b) replacement cost minus depreciation
c) out of pocket expense for insured
d) market value minus depreciation. |
b) replacement cost minus depreciation |
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p3779 Thu, 30 Oct 2008 21:04:11 GMT |
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This is an attachment that alters the original policy:
a) warrenty
b) endorsement
c) declaration
d) waiver |
b) endorsement |
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p3779 Thu, 30 Oct 2008 20:57:27 GMT |
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A 60 ft auxiliary powered sailboat would best be covered under which policy?
a) homeowners ins
b) boat ins
c) yacht ins
d) outboard ins. |
b) boat ins |
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p3779 Thu, 30 Oct 2008 20:57:27 GMT |
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The formula for ACV is actual cash value is:
a) the current replacement price minus depreciation.
b) the replacement price at the time of purchase minus depreciation.
c) a and b
d) none of the above |
a) the current replacement price minus depreciation. |
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p3779 Thu, 30 Oct 2008 20:57:27 GMT |
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Maria's homeowners policy pays up to $25,000 for damaged items, and she has a deductible of $250. For her wedding ring, Maria has a scheduled personal property endorsement that covers her ring up to $2500.00. If the damage totals $3000, how much will the insurance company pay out?
a) 1000
b) 2500
c) 2250
d) 750 |
b) 2500 |
0 |
p3779 Thu, 30 Oct 2008 20:57:27 GMT |
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What are the minimum RI policy limits
a) 50m for bi/100,000 per occurance/25000 for property damage.
b) 25000 for bi/50,000 per occurance/25,000 for property damage.
c) 100,000 for bi/50,000 per occurance/25,000 for property damage.
d) 25000 for bodily injury/50,000 per occurance/ 50,000 for property damage |
b) 25000 for bi/50,000 per occurance/25,000 for property damage. |
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p3779 Thu, 30 Oct 2008 20:50:40 GMT |
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Which is an open peril policy?
A) HO II
B) HO V
C) HO III
D) HO IV |
B) HO V |
2 |
p3779 Tue, 25 Nov 2008 03:55:43 GMT |
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Which of the following would be covered under "other than collision:
a) freezing
b) wear and tear
c) car that sustained damage from the road when it was stolen
d) a car thats broken down |
c) car that sustained damage from the road when it was stolen |
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p3779 Thu, 30 Oct 2008 20:50:40 GMT |
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What would HO-3 cover than an HO-4 would not?
a) contents
b) unattached structures
c) the dwelling
d) loss of use |
c) the dwelling |
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p3779 Thu, 30 Oct 2008 20:50:40 GMT |
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Mike has an HO-4 policy, a fire occurs damaging the contents in his apartment and in another tenants apartment, Mike and the other tanants have burns from the incident. What would NOT be covered under Mikes HO-4 Agreement.
a) the insureds medical payments
b) the other tenants medical bills
c) the insureds contents
d) the other tenants contents |
a) the insureds medical payments |
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p3779 Thu, 30 Oct 2008 20:43:43 GMT |
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A Homeowners policy has a $500.00 deductible and a limit of $24,000 for a scheduled item. How much would be paid on a claim if the scheduled item is destroyed but is valued at 25,000?
a) 25,000
b) 23,500
c) 24,000
d) 500 |
c) 24,000 |
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p3779 Thu, 30 Oct 2008 20:43:43 GMT |
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Which Homeowners policy will cover you against flood damage:
a) HO-3 and HO15 endorsement
b) HO-4
c) HO-8
d) None of the above |
d) None of the above |
0 |
p3779 Thu, 30 Oct 2008 20:43:43 GMT |
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What is covered under a personal articles floater ( similar to scheduled personal property endorsement)
a) dining room table, couch, entertainment center.
b) candles, flowers, vacuums
c) books, appliances, shoes
d) jewelry, furs, musical instrument, fine arts. |
d) jewelry, furs, musical instrument, fine arts. |
0 |
p3779 Thu, 30 Oct 2008 20:43:43 GMT |
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Under an HO policy which structure would not be covered?
a) attached garage
b) radio tower
c) fence surrounding property
d) tree |
b) radio tower |
0 |
p3779 Thu, 30 Oct 2008 20:30:28 GMT |
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When would a deductible be waived for UMPD claim?
a) the insured is hit in an intersection
b) the insured is hit by a stolen vehicle
c) when hit by an uninsured motorist
d) when the insured is illegally parked. |
b) the insured is hit by a stolen vehicle |
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p3779 Thu, 30 Oct 2008 20:30:28 GMT |
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Pure comparitive means:
a) You are not entitled to any recovery
b) your are entitled eve if your are 99% at fault
c) you are entitled only if your are 100% at fault.
d) you are not entitled unless you are 50% at fault. |
b) your are entitled eve if your are 99% at fault |
0 |
p3779 Thu, 30 Oct 2008 20:30:28 GMT |
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Under a homeowners policy, damages from a hurricane would be covered for what peril?
a) wind damage only
b) flood damageg only
c) both wind and flood
d) none of the above |
a) wind damage only |
0 |
p3779 Thu, 30 Oct 2008 20:30:28 GMT |
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