2 Declarations Quiz

The policy period of the Personal Auto Policy (PAP) starts at -12:00 PM standard time at the address of the policyholder. -12:00 PM standard time at the address of the insurer. -12:01 AM standard time at the address of the policyholder. -12:01 AM standard time at the address of the insurer.

12:01 AM standard time at the address of the policyholder.

On the Personal Auto Policy (PAP), the vehicle identification number (VIN) can be found Select one: A. On the Declarations page. B. On the state endorsements. C. In the Insuring Agreement. D. In the definitions section.

A. On the Declarations page.

Within the Personal Auto Policy (PAP), the name of a lender, loss payee, or lienholder is usually shown Select one: A. On the Declarations page. B. On the schedule of coverages. C. In the definitions section. D. In the insuring agreement.

A. On the Declarations page.

The garage location shown on the Declarations page of a Personal Auto Policy (PAP) is Select one: A. The location where the auto is principally parked overnight. B. The mailing address of the insured's employer. C. Not used for rating purposes. D. A garage at a primary residence, not a driveway or street.

A. The location where the auto is principally parked overnight.

The timeframe, beginning with the inception date, during which insurance coverage applies, is known as the Select one: A. Rating period. B. Policy period. C. Expiration date. D. Coverage date.

B. Policy period.

The Schedule of Coverages indicates the coverage and limits that apply to each listed auto, along with Select one: A. Each auto and trailer's rating class. B. The premium for each coverage. C. Each auto and trailer specifically listed. D. The primary location of an insured auto.

B. The premium for each coverage.

The declarations page of a Personal Auto Policy (PAP) Select one: A. Indicates that the policy period starts at 12:01 PM standard time at the address of the insurer. B. Identifies common policy definitions. C. Shows the name of the insured and the insured's mailing address. D. Lists any exclusions that are attached to the policy.

C. Shows the name of the insured and the insured's mailing address.

A person, corporation, partnership, or other entity identified as an insured party in a Personal Auto Policy (PAP) Declarations page is known as the Select one: A. Additional insured. B. Producer. C. Insurer. D. Named insured.

D. Named insured.

Eddie and Janet Orr are married and have a Personal Auto Policy (PAP). Eddie's name is the only one listed on the declarations page of the policy. Janet is concerned because she thinks both their names should appear since they each own vehicles. Which one of the following is true? Select one: A. Only Eddie's name, as the primary named insured, should appear on the declarations page. B. Eddie and Janet should each have their own policy. C. The policy can be written in Eddie's and Janet's names by using an additional named insured endorsement. D. The policy can be written in Eddie's name, Janet's name, or both Eddie's and Janet's names.

D. The policy can be written in Eddie's name, Janet's name, or both Eddie's and Janet's names.

The named insured can be an

The named insured can be an individual, a married couple, or other parties.