Property and casualty

Under Coverage E - Scheduled Farm Personal Property, livestock that is not specifically insured is limited to a coverage limit of

$1,000 per head.

Which of the following perils is NOT covered the DP-2?

Damage to pets, birds, or fish

An insurer must notify the consumer in writing that an investigative consumer report has been requested, within how many days of the initial request?(Choose from the following options)1. 3 days2. 5 days3. 10 days4. 30 days

5 days

3 = Owned Private Passenger "Autos" Only

This symbol covers only private passenger type "autos" owned by the insured, including any private passenger type that may be acquired after the policy begins.

6 = Owned "Autos" Subject To A Compulsory Uninsured Motorist Law

Any "auto" owned by an insured that is garaged or licensed in a state where drivers are required to carry uninsured motorist coverage. This symbol also applies to any "auto" acquired after the policy begins.

5 = Owned "Autos" Subject To No-Fault

Any "auto" owned by an insured that is garaged or licensed in a state where no-fault benefit laws exist. This symbol also applies to any "auto" acquired after the policy begins.

What does a boat owners policy cover?

Boat owners' insurance is a type of insurance policy protecting boat owners. It coverstheft, damage, or loss of the items stored on a boat, as well as physical damage to the boatitself.

Other than perils, the difference in the three DP forms is in coverage provided. Which of the following coverage options is covered by the DP-2 and D-P3 but not DP-1?

Coverage D - Fair Rental Value

126. Which of the following losses would be excluded from coverage under the farm property special form?(Choose from the following options)1. Theft of property from the insured's residence2. Drowning of livestock3. Fire caused by curing tobacco4. Loss of livestock caused by attack by dogs or wild animals

Fire caused by curing tobacco

How often must organizations consult the National Do Not Call Registry?(Choose from the following options) 1. Once a year 2. Every 31 days 3. Once every 6 months 4. On the first Monday of every month

On the first Monday of every month

7 = Specifically Described "Autos"

Only those "autos" that are specifically listed on the policy are covered. The symbol also applies to any "trailer" while it is towed by a listed vehicle.

What is covered under Section 1 of homeowners policy?

Section I: Property CoveragesCoverage C - Personal Property covers the contents of your home such as furniture, appliances, clothing, and toys. Coverage D - Loss of Use provides coverage for additional living expenses when you "lose" the use of your home due to a covered loss.

Which of the following symbols in a business auto policy indicates that coverage for newly acquired vehicles applies if the insurer already covers all autos owned by the insured?

Symbol 1

1 = Any "Auto"

This is the broadest symbol designation and covers any "auto."

4 = Owned "Autos" Other Than Private Passenger "Autos" Only

This symbol covers all "autos" other than private passenger type "autos" (vans, trucks, motorized equipment) owned by an insured, including such vehicles that may be acquired after the policy begins. The symbol also applies to any "trailer" while it is towed by an owned vehicle.

2 = Owned "Autos" Only

This symbol covers any "auto" owned by an insured, including any "auto" that is acquired after the policy begins. The symbol also applies to any "trailer" while it is towed by an owned vehicle.

19 = Mobile Equipment Subject To Compulsory Or Financial Responsibility Or Other Motor Vehicle Insurance Law Only

his symbol only applies to land vehicles that are considered mobile equipment under the policy's mobile equipment definition. It allows extension of coverage for vehicles in states that confer vehicle status by making certain types of self-powered equipment subject to registration/licensing law. See part 2 for discussion of physical damage and manuscript auto symbols

Among people in the same class and life expectancy, which of the following factors can be used to influence premium rates?(Choose from the following options)1. Occupation2. Ancestry3. Marital Status4. Race

occupation

The exact, direct, uninterrupted cause of loss is the(Choose from the following options)1. Actual cause.2. Intervening cause.3. Absolute cause.4. Proximate cause

proximate cause

9 = Nonowned "Autos" Only

This symbol covers only those "autos" an insured does not own, lease, hire, rent, or borrow that are used in the insured's business, including "autos" owned by employees, partners, or members of an insured's household, but only while those non-owned "autos" are used either in the insured's business or personal affairs.

8 = Hired "Autos" Only.

This symbol covers only those "autos" that an insured leases, hires, rents, or borrows. HOWEVER, it does NOT include "autos" leased, hired, rented, or borrowed from an employee, partner, or member of an insured's household.

An agent suspects that his insurer is committing insurance fraud. Within how many days of that discovery must the agent report the frau to the Department of Insurance?

10 days

The defendant being released on a surety bail bond is the(Choose from the following options) 1. Principal. 2. Surety. 3. Obligee. 4. Insured

4. insured