Free Commercial Automobile Policy Practice Questions
Arkansas Casualty exam — 48 practice questions.
Subtopics: Premium increase notice, Commercial auto cancellation, Business auto coverage, Covered auto symbols, Hired autos, Non-owned autos, MCS-90 form, Lessor additional insured, Drive other car, Mobile equipment, Physical damage commercial, Symbol 2 owned autos, Symbol 7 specified autos, Symbol 8 hired autos, Garagekeepers, Who is an insured, Trailer coverage, Auto pollution exclusion, Rental reimbursement, Motor truck cargo, Newly acquired autos, Supplementary payments, Liability exclusions, Physical damage, Coverage territory, Other insurance, Individual named insured, Employees as insureds, Hired auto physical damage, Business auto duties, Business auto vs PAP
Read the Commercial Automobile Policy study guide
Sample questions & answers
1. Under Arkansas law as amended in 2025, a 25%-or-greater premium increase on a commercial auto renewal (term of 12 months or less) caused by a rate revision requires notice to the agent at least:
60 days before renewal
Ark. Code 23-79-307(a)(6)(A), as amended by Act 22 of 2025: notice to the agent not less than 60 days and to the insured not less than 30 days before renewal.
2. Which statute governs mid-term cancellation of an Arkansas commercial property policy but does NOT govern personal auto policies?
Ark. Code 23-66-206(15)
Ark. Code 23-66-206(15)(D) excludes personal auto liability, physical damage and collision coverage, and workers' compensation, from its cancellation rules; personal auto cancellations are governed by 23-89-303 to 23-89-305.
3. The Business Auto Coverage Form provides a business with:
Liability and physical damage coverage for autos used in the business
The Business Auto Coverage Form (BACF) provides auto liability and physical damage coverage for a business's vehicles.
4. In the business auto form, covered auto symbol 1 designates:
Any auto, the broadest liability designation
Symbol 1 (any auto) is the broadest covered-auto designation and is commonly used for liability coverage.
Practice: Commercial Automobile Policy
Answer choices are shuffled every time, and every question comes with an explanation.
Practice questions are study aids generated for exam preparation and are not actual exam questions. Content is provided for educational purposes and is not legal advice. Verify current statutes, rules, and exam specifications with the Insurance Department and the exam administrator before relying on it.
