Free Personal Automobile Policy Practice Questions
Iowa Property & Casualty exam — 100 practice questions.
Subtopics: Split limits, Total loss, Deductible, Newly acquired auto, Trailers, Other insurance, Appraisal, Permissive user, Named driver exclusion, Underinsured motorist, Supplementary payments, Coverage territory, Loan lease gap, Minimum limits, 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/UIM required, 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 plan, 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, Policy structure, Physical damage, Definition of insured, Optional coverages, Exclusions, Liability coverage, Medical payments, Uninsured motorist, Collision coverage, Other than collision, Transportation expenses, Towing and labor, Newly acquired autos, Definitions, Liability exclusions, Uninsured motorists, Physical damage exclusions, Duties after loss, Policy territory, Termination, Residual market
Read the Personal Automobile Policy study guide
Sample questions & answers
1. In a 20/40/15 auto liability limit, the first number is the maximum paid for:
Bodily injury per person
In split limits, the first number is the bodily injury liability limit per injured person.
2. When a covered auto is a total loss under actual cash value coverage, the insurer pays:
The vehicle's actual cash value at the time of loss
Physical damage coverage pays the actual cash value of the vehicle at the time of a total loss.
3. A $500 collision deductible means that on a covered collision loss the insured:
Pays the first $500 of the repair cost
A deductible is the portion of a covered loss the insured pays before the insurer pays the remainder.
4. A newly acquired auto is generally covered under the PAP if the insured:
Reports it to the insurer within the required time
A newly acquired auto is generally covered if the insured reports it to the insurer within the time the policy allows.
All Property & Casualty topics
Practice: Personal 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.
