Free Personal Auto Policy Practice Questions
Iowa Personal Lines exam (series 12-IA-55) — 181 practice questions.
Subtopics: Minimum auto limits, At-fault system, Financial responsibility, SR-22, UM/UIM rejection, Assigned risk, Liability coverage, Medical payments, Uninsured motorist, Collision, Comprehensive, Covered auto, Family member, Temporary substitute, Non-owned auto, Livery exclusion, Racing exclusion, Transportation expenses, Towing and labor, Duties after loss, Proof of coverage card, No proof of insurance, Insurance card contents, Security after accident, Security exceptions, Forms of proof, Certified policy cancellation, Duration of proof, Unpaid judgments, Motor vehicle liability policy, Binder as proof, UM rejection form, UM at renewal, UM limits, Insolvent insurer, UM stacking, UM notice, Hit-and-run, UM reimbursement, Auto cancellation scope, Auto cancellation reasons, Auto cancellation notice, Driver exclusion notice, Hearing on cancellation, Prohibited nonrenewal, Assigned risk notice, Deductible change, Renewal waiver, New auto policies, Aftermarket parts, Aftermarket parts notice, Auto total loss, Auto total loss recourse, Assigned risk policies, Assigned risk fees, TNC coverage period 1, TNC coverage period 2, Prearranged ride, Personal auto exclusion, TNC insurance lapse, TNC disclosure, TNC insurers, TNC lienholder notice, Part A liability, Part B medical payments, Part C UM, Part D collision, Other than collision, Covered persons liability, Newly acquired auto, Supplementary payments, Liability exclusion intentional, Liability exclusion livery, Split limits, Loss settlement physical damage, Duties after accident, Territory, Covered auto definition, Trailers coverage, Rented auto coverage, Glass breakage, Exclusion racing, Exclusion few wheels, Exclusion auto business, Exclusion owned property, Exclusion no reasonable belief, Out of state coverage, Other insurance non-owned, UM dispute resolution, Electronic equipment limit, Appraisal physical damage, No-fault PIP, Right to recover, Collision settlement, Total loss settlement, Definitions - spouse, Definitions - leased autos, Definitions - family member, Definitions - occupying, Temporary substitute auto, Part A insureds, Part A insuring agreement, Part A exclusions, Ridesharing, Livery exclusion exceptions, Auto business exclusion, Business use exclusion, Reasonable belief exclusion, Vehicle sharing, Fewer than four wheels, Regular use exclusion, Flying vehicles, Split limits calculation, Limit of liability, Other insurance, Medical payments insureds, Medical payments exclusions, Medical payments other insurance, Uninsured motor vehicle, Hit and run, UM exclusions, UM arbitration, Collision definition, Non-owned auto deductible, Part D exclusions, Custom equipment, Part D limits, Trailers and campers, Governmental confiscation, Part D valuation, Betterment, Payment of loss, Other sources of recovery, Rental car exclusion, Cancellation, Nonrenewal, Automatic termination, Policy territory, Limited Mexico coverage, Transfer of interest, Two or more auto policies, Subrogation, Legal action, Residual markets, Medical payments calculation, Part D coverage, Uninsured motorists, Extended non-owned coverage, Miscellaneous type vehicle
Read the Personal Auto Policy study guide
Sample questions & answers
1. Iowa's minimum auto liability limits for proof of financial responsibility are:
20/40/15
Iowa Code 321A.1(11) sets proof of financial responsibility at $20,000 bodily injury per person, $40,000 per accident, and $15,000 property damage per accident.
2. For automobile accident claims Iowa generally follows which system?
A tort (at-fault) system in which the at-fault driver is liable
Iowa auto injury claims are resolved by fault: under Iowa Code 668.3 a claimant recovers damages from the parties at fault, reduced by the claimant's own share of fault.
3. Iowa's financial responsibility law generally requires a driver to:
Demonstrate the ability to pay for damage they cause, typically by maintaining liability insurance
Iowa Code 321.20B requires financial liability coverage on any vehicle driven on Iowa highways, and chapter 321A requires proof of ability to pay damages after certain accidents or convictions.
4. An Iowa driver required to prove financial responsibility after certain violations may be required to file a:
SR-22 certificate
An SR-22 is a certificate filed to verify that a driver maintains the required financial responsibility.
Practice: Personal Auto 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.
