Quiz 5- Personal Automobile
An insured person is entitled to the _________ limits of UMBI coverage that apply to _________ insured vehicle if the injured insured is occupying a __________ motor vehicle. Select Any Highest Lowest Owned Non-owned
Highest Any Non-owned
Which of the following is NOT a trigger of the financial responsibility law? a) Bald tires b) Accident involving bodily injury c) Property damage rendering vehicle inoperable
a) Bald tires
The PAP insuring agreement states the policy pays on behalf of the insured money damage for which the insured is legally liable to others for: (choose all that apply) a) Bodily Injury b) Personal Injury (e.g. slander) c) Property Damage d) Inconsideracies
a) Bodily Injury c) Property Damage
Which of the following can be found on a PAP declarations page? (choose all that apply) a) Loss Payee or Lienholders (if any) b) Coverages Types and Amounts of Coverage Purchased c) The Insured's Name and Address d) Premiums
a) Loss Payee or Lienholders (if any) b) Coverages Types and Amounts of Coverage Purchased c) The Insured's Name and Address d) Premiums
Shelby was injured in an auto accident and has $90,000 in injuries and has a $1,000 PIP deductible. How much will Shelby receive as a claims payout from her insurance company? a) $90,000 b) $10,000 c) $9,000 d) $7,000
b) $10,000 $90,000 injuries - $1,000 deductible = $89,000 x 80% = $71,200 available for payment but the maximum PIP benefit is $10,000
Judy has a PIP claim with $5,000 in injuries and a $1,000 PIP deductible. How much will Judy receive as a claim payment from her insurance company? a) $5,000 b) $3,200 c) $1,000
b) $3,200 $5,000 Judy's Damage - $1,000 Judy's Deductible) x 80% = $3,200
Unstacked Uninsured Motorists must be offered at: a) Increased Rates b) Reduced Rates c) Excess Rates d) Primary Rates
b) Reduced Rates
Jill's insured vehicle is in the repair shop being fixed. Johanna has a temporary rental vehicle (a temporary substitute) for ten days. Does the rental vehicle (temporary substitute) meet the PAP definition of a "your covered auto"? a) No, the PAP definition of a "your covered auto" only includes autos owned by the insured b) Yes, the PAP definition of a "your covered auto" includes a temporary substitute for an insured vehicle due to that vehicle's breakdown, servicing, or repair c) No, the PAP definition of a "your covered auto" only includes autos listed on the policy Declarations Page d) No, the PAP never has any coverage of any sort for any Rental Vehicle ever
b) Yes, the PAP definition of a "your covered auto" includes a temporary substitute for an insured vehicle due to that vehicle's breakdown, servicing, or repair
Zoe was injured in an auto accident by the negligence of a hit and run driver. Zoe's injuries are valued at $50,000. She has PIP with a $0 deductible and has recovered $10,000 from her PIP. She has UM coverage of $10,000/$20,000. How much is Zoe's UMBI recovery? a) $0 b) $20,000 c) $10,000 d) $50,000
c) $10,000
If an accident occurs in the state of Florida, the named insured's PIP benefits apply to a residing relative if injured as an occupant of the insured's vehicles. If the accident occurs outside of the state of Florida is the residing relative still covered? a) No, there is no coverage for residing relative outside of the state of Florida b) No, there is no PIP coverage applicable to any accident outside of the state of Florida c) Yes, if the residing relative's injury occurred in one of the named insured's vehicles d) Yes, if the residing relative's injury occurred in one of the residing relative's vehicles
c) Yes, if the residing relative's injury occurred in one of the named insured's vehicles
Angie was permanently injured in an auto accident by the negligence of Ruthie. Angie's injuries are valued at $20,000. Angie has PIP and has recovered her full $10,000 limit, and she has $100,000 of single limit UM coverage. Ruthie has a liability insurance policy with limits of 50,000/100,000/$50,000. How much is Angie's UM recovery? a) $10,000 b) $20,000 c) $100,000 d) $0
d) $0
The Uninsured Motorists (UM) law requires that every policy that provides primary Liability coverage for a specific motor vehicle must include "stacked" UM at the same limits as apply for Liability coverage, unless the insured, in writing does which if any of the following: a) Rejects UM coverage b) Elects UM coverage at limits lower than those that apply for Liability c) Elects "Non-stacked" UM coverage d) All the above are options for the insured
d) All the above are options for the insured
The "policy territory" for the Personal Auto Policy includes all EXCEPT which of the following? a) U.S., its territories, or possessions b) Puerto Rico c) Canada d) Bahamas
d) Bahamas
This PAP definition means: trade, profession, or occupation. a) Avocation b) Association c) Recreation d) Business
d) Business
The Named Insured has asked you if his Medical Payments coverage will apply when he was hit by a motor vehicle as a pedestrian. How will you respond? a) Statutory + Contractual b) You advise him to file a claim against his Homeowners insurance c) You tell him that Medical Payments does not cover injury if struck as a pedestrian d) You tell him that Medical Payments does cover injuries sustained if struck as a pedestrian
d) You tell him that Medical Payments does cover injuries sustained if struck as a pedestrian
An insured has purchased "stacked" Uninsured Motorists coverage in the amount of $100,000 per person and $300,000 per occurrence and she has two vehicles on her policy. She is involved in an automobile accident at the hands of a negligent third party who does not carry insurance. The insured suffered $224,000 in injuries and she has collected the entire $10,000 of PIP coverage. 1) What amount will she receive from her own PIP coverage? 2) What amount will she receive from the other party? 3) What amount will the insured recover from her own UMBI coverage?
1) $10,000 2) $0 as they are uninsured 3) $200,000 ($224,000 less the $10,000 PIP = $214,000, BUT THE INSURED'S MAX RECOVERY IS $200,000... Remember, Damages - Deductible = Payout subject to policy limit)
Laverne was injured in an auto accident by the negligence of Shirley. Laverne's injuries are valued at $199,999. Laverne has PIP and has recovered her full $10,000 limit, and she has $100,000 per person and $300,000 of split limit non-stacked UMBI coverage. Shirley has a liability insurance policy with limits of $10,000/$20,000/$10,000. 1) What amount will Laverne receive from her own PIP coverage? 2) What amount will Laverne receive from Shirley's policy? 3) What amount will Laverne recover from her own UMBI coverage?
1) $10,000 2) $10,000 3) $100,000 ($199,000 less the $10,000 PIP and less the $10,000 of Shirley's liability coverage BUT UP TO THE MAXIMUM POLICY LIMITS)
Bert was permanently injured in an auto accident by the negligence of Ernie. Bert's injuries are valued at $300,000. Bert has PIP and has recovered his full $10,000 limit, and he has $300,000 of single limit UM coverage. Ernie has a liability insurance policy with limits of $50,000/$100,000/$50,000. 1) What amount will Bert receive from his own PIP coverage? 2) What amount will Bert receive from Ernie's policy? 3) What amount will Bert recover from his UMBI?
1) $10,000 2) $50,000 3) $240,000 ($300,000 less the $10,000 PIP and less the $50,000 of Ernie's liability coverage)
Tom has five vehicles, and he insures all of them with $100,000 per person and $300,000 per occurrence of "stacked" Uninsured Motorists Bodily Injury. Tom is involved in an auto accident with an uninsured motorist (the other driver was at fault). 1) What is the maximum per person coverage available to Tom's policy with stacked UMBI? 2) What is the maximum per occurrence coverage available on Tom's policy with stacked UMBI?
1) As Tom carries $100,000 per person and has "stacked" Uninsured Motorists coverage on five vehicles, he has up to $500,000 per person. 2) As Tom carries $300,000 per occurrence and has "stacked" Uninsured Motorists coverage on five vehicles, he has up to $1,500,000 per occurrence.
Barney is injured by Aunt Bea in an automobile accident between each of their respective vehicles. Barney had $6,000 in medical bills and had purchased PIP with a $500 deductible. 1) How much will Barney collect from his insurance company? 2) What tort right amount does Barney have against Aunt Bea?
1) Barney recovers $4,400 from his own PIP. ($6,000 - $500) x 80% 2)$1,600. The full amount of the economic loss not paid or payable from PIP
Uninsured Motorists Bodily Injury (UMBI) coverage pays compensatory damages for ___________ for amounts which otherwise should have been recovered from the Liability insurance of another.
Bodily injuries
Physical Damage coverage that applies to a non-owned auto is the __________ coverage applicable to any "your covered auto" in Declarations and is __________ over any other collectible insurance.
Broadest Excess
Medical Payments coverage is issued on an ____________ basis to coordinate with PIP.
Excess
Uninsured Motorist coverage applies if the at-fault-party's insurer is ___________.
Insolvent
The PAP policy affords coverage only those who have the status of ________.
Insured
Under the ______ a motor vehicle is a self-propelled vehicle with ____ or more wheels which are of a type both designed and required to be ______ for use on Florida highways.
No-Fault Law Four Licensed
Uninsured Motorists coverage does not apply towards ____________ or exemplary damages.
Punitive
Non-residents who are not required to register their vehicles in Florida are _________ to the No-Fault law if they have a motor vehicle physically present in Florida for more than 90 of the preceding 365 days.
Subject
TRUE/FALSE: Medical Payments coverage is primary, with respect to other available medical payments coverage, when occupying owned automobiles, and excess when occupying non-owned autos.
True
Stacked coverage means the coverage limits for ___________ or more vehicles are ___________ together in determining the limit of insurance coverage ___________ to an injured person in any one accident. Two Six Unavailable Available Added Taken
Two Added Available
Keith was permanently injured in an auto accident by the negligence of Nora. Keith's injuries are valued at $20,000. Keith has PIP and has recovered his full $10,000 limits, and he has $100,000 of single limit UMBI coverage. Nora has a Liability insurance policy with limits of $50,000/$100,000/$50,000 and Keith has recovered $10,000 from Nora's Liability insurance coverage. How much can Keith recover under his own UMBI coverage? a) $0 b) $10,000 c) $100,000 d) $20,000
a) $0
Your insured has had one vehicle accident with the roadbed. The policy has Other Than Collision coverage with a $250 deductible and no Collision coverage. The insured vehicle has $1,500 in damages. How much will the insured collect after applying the correct coverage and deductible? a) $0 b) $250 c) $1,250 d) $1,500
a) $0 Collision and upset or overturn is covered by the insured's Collision coverage. As the insured does not carry Collision coverage, there is no coverage to apply to the insured's loss.
Staci was permanently injured in an auto accident due to the negligence of Jan. Staci's injuries are valued at $1,000,000. Staci has PIP coverage with a $0 deductible and has recovered the full $10,000 from PIP. She has UMBI coverage of $250,000/$500,000. Jan has a Liability insurance policy with limits of $100,000/$300,000/$50,000. How much is Staci's UMBI recovery? a) $250,000 b) $1,000,000 c) $500,000 d) $100,000
a) $250,000
The law requires an operator of a motor vehicle involved in an accident (one involving bodily injury or property damage rendering a vehicle inoperable) OR convicted of certain traffic offenses to respond for such damages and show proof of financial responsibility for damages in future accidents. Proof of financial responsibility can be all BUT which of the following? a) $30,000 line of credit at the bank b) 10/20/10 auto liability limits at the time of the occurrence c) Being a qualified self-insurer for 10/20/10 limits d) Posting a cash bond that guarantees responsibility to 10/20/10 limits
a) $30,000 line of credit at the bank
Keith was permanently injured in an auto accident by the negligence of Shelby. Keith's injuries are valued at $150,000. Keith has PIP with a $500 deductible and has recovered $10,000 from PIP. He has UMBI coverage of $50,000/$100,000. Shelby has a Liability insurance policy with limits of $10,000/$20,000/$10,000. How much is Keith's UMBI recovery? a) $50,000 b) $0 c) $10,000 d) $19,500
a) $50,000
No-Fault PIP benefits apply in what amounts? (choose all that apply) a) Medical Benefits are paid at 80% of medical expenses b) Work Loss is paid at 60% of loss of income c) Household/Replacement Services are paid at 50% d) A $100,000 Death Benefit
a) Medical Benefits are paid at 80% of medical expenses b) Work Loss is paid at 60% of loss of income
If financial responsibility did not exist at the time of an accident, two things must happen for the owner and/or operator to avoid penalties; select the two things which must happen to avoid penalties from the options below. a) The legally valid claims of others must be satisfied b) The owner and operator must provide SR-922 satisfaction c) The owner and operator must provide SR-22 certification d) A $10,000 fine must be paid to the Department of Motorist Vehicles
a) The legally valid claims of others must be satisfied c) The owner and operator must provide SR-22 certification
On the PAP's declarations page what does the inception date tell us? a) When the policy starts, and coverage begins b) How the policy was rated c) If the insured is Preferred, Standard, or Non-Standard d) The cost of the policy
a) When the policy starts, and coverage begins
Medical Payments coverage provides payments... a) Without regard to fault or legal liability b) Based upon negligence c) Only if the insured is legally liable d) On a 4 X 4 basis
a) Without regard to fault or legal liability
Your insured has had a one vehicle accident with a tree. The policy has Other Than Collision coverage with a $250 deductible and Collision coverage with a $500 deductible. The insured vehicle has $2,500 in damages. How much will the insured collect after applying the correct coverage and deductible? a) $1,750 b) $2,000 c) $2,250 d) $2,500
b) $2,000
Keith has two vehicles and carries stacked UMBI coverage with $100,000/$300,000 limits. What is the maximum "per person" his policy will pay in a UMBI claim? a) $100,000 b) $200,000 c) $300,000 d) $500,000
b) $200,000
Dan was permanently injured in an auto accident by the negligence of Cynthia. Dan's injuries are valued at $250,000. Dan has PIP with a $500 deductible and has recovered $10,000 from PIP. Dan has UMBI coverage of $50,000/$100,000. Cynthia has a Liability insurance policy with limits of $10,000/$20,000/$10,000. How much is Dan's UMBI recovery? a) $9,500 b) $50,000 c) $230,500 d) $10,000
b) $50,000
Your insured is involved in a multi-vehicle accident. The policy has Other Than Collision coverage with a $500 deductible and Collision coverage with a $1,000 deductible. The insured vehicle has $7,500 in damages. How much will the insured collect after applying the correct coverage and deductible? a) $6,000 b) $6,500 c) $7,000 d) $7,500
b) $6,500 Collision and upset or overturn is covered by the insured's Collision coverage ($7,500 - $1,000)
Greg has a PIP claim with $25,000 in injuries and a $1,000 PIP deductible. How will Greg's PIP claim be calculated? a) $25,000 Injuries x 80% = $20,000 PIP Payout b) ($25,000 Injuries - $1,000 PIP Deductible) x 80% = $19,200... but the maximum PIP Coverage is a $10,000 Payout c) ($25,000 Injuries - $1,000 PIP Deductible) x 80% = $19,200 PIP Payout
b) ($25,000 Injuries - $1,000 PIP Deductible) x 80% = $19,200... but the maximum PIP Coverage is a $10,000 Payout
The maximum gross vehicle weight eligible under the PAP is ____ pounds? a) 20,000 b) 10,000 c) 5,000 d) 50,000
b) 10,000
Collision Coverage and Other Thank Collision Coverage for a "newly acquired auto" begins on the date you become the owner. However, for this coverage to apply, you must ask us to insure it within ____ days if the Declarations indicate that collision Coverage applies to at least one auto will have the broadest coverage now provided for any auto shown in the Declaration. a) 7 b) 14 c) 21 d) 30
b) 14
The medical benefits paid under Personal Injury Protection are up to _____% of reasonable expenses for necessary medical services. a) 100 b) 80 c) 50 d) 25
b) 80
The PAP _________ Part D coverage if the covered auto is destroyed or confiscated by governmental or civil authorities. a) Includes with a $10,000 limit b) Excludes c) Includes with a $5,000 limit d) Includes
b) Excludes
A ______ is defined as a private passenger auto, pickup, van or trailer not owned by or furnished to or available for the regular use of the named insured or a family member which the insured hires, rents, leases, or borrows. a) Non-owned auto b) Hired auto c) Non-furnished auto d) Limited-use auto
b) Hired auto
Medical Payments coverage in the PAP is excluded by all BUT which of the following: a) Vehicles used as residence b) If the insured is struck as a pedestrian c) Bracelet Trajectory d)Racing or speed contest
b) If the insured is struck as a pedestrian
The PAP defines a "your covered auto" to include temporary substitutes if an insured vehicle is unavailable due to: a) Business travel b) Loss or destruction c) Vacation d) All options are correct
b) Loss or destruction
An insured has come to the office to file a claim. She expresses concern that the legal fees defending her will probably consume all of her policy limits. You tell her... a) Up to the premium limits b) Not to worry because the PAP's liability coverage includes a defense for her up to her policy limits c) If her defense cost consumes her auto policy limits, she can file a liability claim under her Homeowners policy also d) She is right and her limit will probably be consumed by defense cost
b) Not to worry because the PAP's liability coverage includes a defense for her up to her policy limits
Uninsured Motorists coverage pays for bodily injuries, under one's own policy, for amounts which would otherwise have been _______ from the Liability Insurance of the responsible person in/for the accident. a) Rewritten b) Recoverable c) Required d) Requested
b) Recoverable
All the following are penalties for non-compliance with the compulsory No-Fault law EXCEPT? a) Suspension of driver's license b) Repossession of auto c) No immunities from legal liabilities d) Personal liability for payment of PIP benefits
b) Repossession of auto
Certification of financial responsibility is filed on behalf of an insured by their insurance company using Form _____ certifying that coverage is in effect. a) SR-99 b) SR-22 c) XR-44 d) CLS-44
b) SR-22
Which of the following ARE NOT considered a "motor vehicle" as defined by the No-Fault law? a) Self-propelled vehicles with four or more wheels which are of a type both designed and require to be licensed for use on Florida highways b) Taxicabs c) Mobile home d) School busses
b) Taxicabs c) Mobile home d) School busses
Your insured, Tod, has been involved in an at fault auto accident in which another party was insured. He carries 10/20/10 limits. Has your insured satisfied Florida's Financial Responsibility Law? a) No, he will have to settle the matter in a court of law b) Yes, as he carries liability limits greater than or equal to 10/20/10 c) No, she has injured another party in the automobile accident d) None of the options are correct
b) Yes, as he carries liability limits greater than or equal to 10/20/10
You advise an insured that their PAP provides supplementary payments such as bail bonds and pre-trial interest... a) You have incorrectly advised your client concerning these supplementary payments b) You have correctly advised you client as the PAP does provide supplementary payments for bail bonds and pre-trial interest c) There are no supplementary payments in the PAP d) None of the above
b) You have correctly advised you client as the PAP does provide supplementary payments for bail bonds and pre-trial interest
Bruce was permanently injured in an auto accident by the negligence of Rhonda. Bruce's injuries are valued at $1,000,000. Bruce has PIP and has recovered his full $10,000 limit, and he has $100,000 per person and $300,000 per occurrence UMBI coverage. Rhonda has a Liability insurance policy with limits of $50,000/$100,000/$50,000. How much can Bruce collect under his own UMBI coverage if he has also received $50,000 from Rhonda's insurance company? a) $10,000 b) $40,000 c) $100,000 d) $300,000
c) $100,000
Herbert was permanently injured in an auto accident caused by the negligence of John. Herbert's injuries were valued at $200,000. Herbert has PIP and has recovered his full $10,000 limit, and he has a $300,000 single limit Uninsured Motorist coverage in his Personal Auto Policy (PAP). John has a Personal Auto Policy (PAP) with Bodily Injury Liability limits of $50,000 per person and $100,000 per occurrence. What is the dollar amount of Herbert's Uninsured Motorist Bodily Injury claim? a) $200,000 b) $190,000 c) $140,000 d) $0
c) $140,000 $200,000 of injuries - $10,000 PIP recovery less the $50,000 of Bodily Injury coverage from John's policy
David was permanently injured in an auto accident by the negligence of Goliath. David's injuries are valued at $300,000. David has PIP and has recovered his full $10,000 limit, and he has $300,000 of single limit UM coverage. Goliath has a liability insurance policy with limits of 50,000/100,000/$50,000. How much is David's UM recovery? a) $10,000 b) $50,000 c) $240,000 d) $300,000
c) $240,000 ($300,000 in injuries compensable at $10,000 of PIP; $50,000 of BI coverage from Goliath; with the balance compensable under UMBI)
Kathy was permanently injured in an auto accident by the negligence of Paul. Kathy's injuries are valued at $300,000. Kathy has PIP and has recovered her full $10,000 limit, and she has $300,000 of single limit UM coverage. Paul has a liability insurance policy with limits of 50,000/100,000/$50,000. How much is Kathy's UM recovery? a) $10,000. b) $50,000. c) $240,000. d) $300,000.
c) $240,000 ($300,000 in injuries compensable at $10,000 of PIP; $50,000 of BI coverage from Paul; with the balance compensable under UMBI)
Jerry was permanently injured in an auto accident by the negligence of George. Jerry's injuries are valued at $250,000. Jerry has PIP with a $500 deductible and has recovered the full $10,000 from PIP benefit. Jerry has UMB I coverage of $50,000/$100,000. George has a Liability insurance policy with limits of $10,000/$20,000/$10,000. What amount can Jerry collect under his UMBI coverage? a) $9,500 b) $10,000 c) $50,000 d) $250,000
c) $50,000
Brenda has a PIP claim with $8,000 in injuries and a $0 PIP deductible. How much will Brenda receive as a claims payment from her insurance company? a) $10,000 b) $8,000 c) $6,400 d) $0
c) $6,400 $8,000 injuries - $0 deductible = $8,000 x 80%
Jeremy has three vehicles and carries stacked UMBI coverage with $25,000/$50,000 limits. What is the maximum "per person" his policy will pay in a UMBI claim? a) $25,000 b) $50,000 c) $75,000 d) $100,000
c) $75,000
How many days does the insured have to put the insurer on notice when a substitute vehicle has been purchased which requires Comprehensive coverage if the policy has Comprehensive coverage on at least one vehicle prior to the substitution? a) 30 b) 4 c) 14 d) No time limit
c) 14
Medical Payments are payments (without regard to fault or legal liabilities) for necessary medical and funeral expenses rendered within ____ years from the date of accident to an "insured". a) 1 b) 2 c) 3 d) 4
c) 3
How many days does the insured have to put the insurer on notice when a substitute vehicle has been purchased which requires Collision coverage if the policy does not have any vehicles with Collision coverage prior to the substitution? a) 14 days b) 30 days c) 4 days d) There is no limit
c) 4 days
No-Fault requirements for non-residents who are not required to register their vehicles in Florida ARE subject to the No-Fault law if they have a motor vehicle physically present in Florida for more than ____ of the preceding 365 days. a) 30 b) 60 c) 90 d) 180
c) 90
Which, if any, of the following are covered by PIP? a) A non-permissive user involved in an accident b) Use of an insured vehicle to injure oneself purposefully c) A permissive user involved in an accident d) Use of an insured vehicle in the commission of a felony
c) A permissive user involved in an accident
Your Covered Auto in the PAP is defined as: a) Any motorcycle owned by the insured b) Any vehicle owned by the insured c) Any vehicle shown in the declarations page d) Each statement is correct
c) Any vehicle shown in the declarations page
Your insured has "triggered" Florida Financial Responsibility law. Which below may be that trigger? a) Parking ticket b) Invalid registration c) Automobile accident involving bodily injury d) All statements are correct
c) Automobile accident involving bodily injury
In the Personal Auto Policy (PAP), payment for legal liability on behalf of the insured is for ______ and _______ to others. a) Property injury and medical damage b) Intentional acts and work-related injuries c) Bodily injury and property damage d) Strict and absolute liability
c) Bodily injury and property damage
Kennedy, your PAP insured, has selected Uninsured Motorists coverage with 10/20 limits even though her BI limits are 250/500. She has advised you that she has "great" health insurance and really doesn't need UMBI coverage. What is your response? a) You advise your insured that UMBI covers lost wages b) You advise your insured that UMBI covers non-economic damages such as pain and suffering c) Both statements are correct d) Neither statement is correct
c) Both statements are correct
Exclusions under Part D Physical Damage include all BUT which of the following? a) Radar detectors b) Trailers not shown on the Declarations page c) Camper bodies shown on the Declarations page d) Awnings or cabanas used for additional living facilities
c) Camper bodies shown on the Declarations page
On the PAP declarations page there is no premium amount corresponding to Comprehensive and Collision coverages. What does this mean? a) Comprehensive and Collision are free when Liability coverages are elected b) Comprehensive and Collision premiums are included in the total premium even if they are not listed on the declarations page c) Comprehensive and Collision have not been purchased by the insured and are not included in the policy d) None of these options are correct
c) Comprehensive and Collision have not been purchased by the insured and are not included in the policy
Liability limits include __________ in the policy limits. a) Pageant Bonds b) Tax Liability c) Defense Cost d) Personal Injury
c) Defense Cost
Jack has PIP coverage, and his neighbor Jill has PIP coverage. Jack and Jill are involved in a car accident; Jack was at fault in the accident. Jill's injuries total $3,000. a) Jill can sue Jack in court to recover the $3,000 b) Jill can make a claim against Jack's PIP c) Jack is exempt from any claim or suit d) None of these apply
c) Jack is exempt from any claim or suit
The naming of a Loss Payee on the PAP Declarations ensures; claims payments under Coverage D will be paid? a) To the Claimant only b) To the Name Insured only c) Jointly to the Name Insured and Loss Payee d) To the Loss Payee only
c) Jointly to the Name Insured and Loss Payee
The Florida Financial Responsibility Law can be satisfied by which of the following: a) Qualified self-insurer for $10,000 PIP and $10,000 PD b) Auto liability limits of $10,000 PIP and $10,000 PD c) Neither statement is correct d) Both statements are correct
c) Neither statement is correct Can be satisfied by (1) 10/20/10 auto liability limits at the time of an occurrence (2) being a qualified self-insurer for 10/20/10 limits (3) posting a cash bond that guarantees responsibility to 10/20/10 limits.
This PAP definition means: in, upon, getting in, on, out, or off. a) Property Damage b) Bodily Injury c) Occupying d) Medical Payments
c) Occupying
A collision with an animal is normally covered by which Physical Damage coverage? a) Corrosion b) Collision c) Other Than Collision d) Open Perils
c) Other Than Collision
Kennedy was injured in an accident that was Fred's fault. Fred did not carry any insurance on his vehicle. Kennedy was in the course and scope of his employment at the time fo the accident. He has collected against his employer's Workers Compensation carrier. Which of the following statements is true? a) Kennedy can collect against his PIP, Medical Payments, and UM b) Kennedy can collect against his UM coverage c) UM is not available to Kennedy if he has collected for his injuries with is employer's Workers Compensation d) Kennedy can collect against his PIP and UM
c) UM is not available to Kennedy if he has collected for his injuries with is employer's Workers Compensation
Susan Studip has been convicted of driving under the influence of alcohol. Has she pierced Florida's Financial Responsibility Law? a) Alcohol related offenses do not trigger Florida's financial Responsibility Law b) Yes, she must carry liability limits of $10,000/$20,000/$10,000 or higher c) Yes, she may post a $350,000 bond if she does not carry the prescribed liability limits d) Yes, she must carry liability limits of $25,000/$50,000/$25,000 or higher
c) Yes, she may post a $350,000 bond if she does not carry the prescribed liability limits
Chris was permanently injured in an auto accident by the negligence of Melanie. Chris' injuries are valued at $1,000,000. Chris has PIP and has recovered his full $10,000 limit, and he carries $100,000 per person and $300,000 per occurrence UMBI coverage. Melanie has a Liability insurance policy with limits of $50,000/$100,000/$50,000. How much can Chris recover under his own UMBI coverage? a) $40,000 b) $10,000 c) $300,000 d) $100,000
d) $100,000
Kevin has four vehicles, and he insures all of them with $10,000 per person and $20,000 per occurrence of "stacked" Uninsured Motorists Bodily Injury. Kevin was involved in an auto accident with a hit and run driver (accident was the other driver's fault). Kevin was alone in his car, what is the maximum recoverable amount Kevin could receive under his Uninsured Motorist Bodily Injury coverage? a) $10,000 b) $20,000 c) $30,000 d) $40,000
d) $40,000
Mr. Kettle is purchasing an automobile insurance policy. He advises he does not wish to carry Liability insurance, but wants Uninsured Motorist's Bodily Injury liability coverage. How will you respond? a) Sell him the policy with UMBI and no Liability insurance coverage b) Place the No-Liability endorsement on is policy c) Sell him the Extended PIP endorsement d) Advise him that a policy must have Liability insurance coverage if UMBI coverage is to be purchased
d) Advise him that a policy must have Liability insurance coverage if UMBI coverage is to be purchased
Under the No-Fault law, which of the following are defined as an owner? a) Lessee b) Debtor in possession c) Holder of legal title d) All of these are defined as an owner under the Florida No-Fault law
d) All of these are defined as an owner under the Florida No-Fault law
Which, if any, of the following are "elements" of the No-Fault Law? a) Those that are subject to the law, and comply with the law, are immune from legal liability for causing bodily injuries to others b) Personal Injury Protection (PIP), is the first party coverage which affords coverage to those injured in automobile accidents without regard to fault c) The No-Fault law requires PIP coverage be carried by the owners of motor vehicles; and imposes penalties for failing to do so d) All the above
d) All the above
Which, if any, of the following are non-compliance penalties for not complying with the Florida No-Fault Law? a) No "immunity" from legal liabilities which are granted to those who do not comply b) Personally responsible for payment of PIP benefits to those entitled to receive such benefits c) Suspension of driver's license and vehicle registration d) All the above
d) All the above
If financial responsibility did not exist at the time of an accident what must happen to avoid penalties? a) Legal claims of others must be satisfied b) Owner must carry SR-22 c) Neither statement is correct d) Both statements are correct
d) Both statements are correct
Your insured has had one vehicle accident with a tree. Which Personal Auto Policy coverage will provide physical damage coverage to compensate (pay) the insured for their loss? a) Other Than Collision b) Specific Perils c) Added Perils d) Collision
d) Collision
The PAP defines a "your covered auto" to include temporary substitutes if an insured vehicle is unavailable due to (choose the overall best answer) a) Breakdown or repair b) Loss or destruction c) Servicing d) Each of these are correct
d) Each of these are correct
Ms. Jones' auto insured has "triggered" Florida's Financial Responsibility law. Which of the following may be that trigger? a) Conviction of Driving Under the Influence of Alcohol b) An automobile accident involving bodily injury c) An automobile accident where a vehicle was rendered inoperative from the accident scene d) Each of these has triggered Florida's Financial Responsibility law
d) Each of these has triggered Florida's Financial Responsibility law
Florida law requires stacked UMBI with limits equal to the policy's Liability limits unless the... a) Insured rejects UMBI coverage b) Insured elects UMBI coverage lower than the policy's Liability limits c) Insured elects non-stacked UMBI d) Each of these statements is correct
d) Each of these statements is correct
Gracie has an auto policy with $100,000 per person and $300,000 per accident of Bodily Injury coverage. If Gracie does not make any UMBI election in writing what will the default UMBI limits be on her policy? a) Her UMBI limits will be $300,000 per occurrence b) Her UMBI limits will be $100,000 per person c) Her UMBI will be "stacked" d) Each of these statements is correct
d) Each of these statements is correct
Reba Roadhouse, your PAP insured, has just purchased a policy. What are her options for Uninsured Motorists Bodily Injury coverage on her policy? (choose overall best answer) a) Endorse her UMBI coverage to Non-Stacked b) Endorse UMBI to lower limits than her BI limits c) Exclude UMBI coverage from the policy completely d) Each of these statements is correct
d) Each of these statements is correct
The UM law requires every auto policy to provide STACKED UMBI at the same limits as the Liability coverage, unless the insured, in writing does which of the following? a) Elects to obtain UMBI coverage lower than the Liability coverage b) Elects non-stacked UMBI coverage c) Rejects UMBI coverage completely d) Each of these statements is correct
d) Each of these statements is correct
PIP exceptions aka "thresholds" permit the recovery of non-economic loss (i.e. action for pain, suffering, mental anguish, inconvenience) if the injury results in all EXCEPT which of the following? a) Significant and permanent loss of a bodily function b) Permanent injury other than scarring and disfigurement c) Significant and permanent scarring or disfigurement d) Loss of work longer than 21 days
d) Loss of work longer than 21 days
A collision with a falling object is normally covered by the following Physical Damage coverage: a) Perils of the Sea b) Open Perils c) Collision d) Other Than Collision
d) Other Than Collision
