Free Personal Automobile Policy Practice Questions
Minnesota Casualty exam — 115 practice questions.
Subtopics: No-fault purpose, Basic economic loss benefits, Income loss benefits, Replacement services, Funeral benefits, Survivors benefits, Property damage exclusion, Senior election, Motorcycles, Priority of benefits, Stacking of PIP, Compulsory security, Self-insurance, Liability limits, Liability territory, UM/UIM requirements, UM/UIM stacking, UM/UIM excess, UM/UIM exclusions, Rental vehicles, Time limits, Tort threshold, Collateral benefits, Mandatory arbitration, Payment of claims, Claim notice, Coordination of benefits, Assigned claims plan, Minnesota Automobile Insurance Plan, Auto cancellation, Auto cancellation notice, Auto nonrenewal, Right to complain, Unsafe driving reports, Policy term, Underwriting restrictions, Antitheft discount, Proof of insurance, Comparative fault, Auto claims, Auto glass claims, Unearned premium, Minimum coverages, Persons insured, Physical damage, Uninsured motorists, Medical payments, PAP structure, Your covered auto, Newly acquired auto, Family member, You and your, Part A exclusions, Supplementary payments, Out of state coverage, Other insurance, Part B medical payments, Part C uninsured motorists, Underinsured motorists, Part D collision vs OTC, Part D transportation expenses, Part D nonowned auto, Part D exclusions, Part D limit of liability, Part D appraisal, Part E duties, Policy territory, Part F termination, Part F two-or-more autos, Auto financial responsibility, No-fault concepts, Auto insurance plans, Part D coverage
Read the Personal Automobile Policy study guide
Sample questions & answers
1. Which is a stated purpose of the Minnesota No-Fault Automobile Insurance Act?
Paying basic economic loss regardless of fault
The act aims to relieve the economic distress of accident victims by requiring prompt payment of basic economic loss benefits regardless of fault, and to restrict general damages to serious injuries.
2. What is the minimum basic economic loss (PIP) benefit per person required in Minnesota?
$40,000
Basic economic loss benefits must provide a minimum of $40,000 per person: $20,000 for medical expense and $20,000 for income loss, replacement services, funeral, and survivors' losses.
3. How is Minnesota's minimum $40,000 PIP benefit divided?
$20,000 medical and $20,000 for nonmedical losses
The minimum consists of $20,000 for medical expense and a total of $20,000 for income loss, replacement services, funeral expense, and survivors' losses.
4. Minnesota no-fault disability and income loss benefits pay what share of lost gross income, up to what weekly maximum?
85 percent, up to $500 per week
Income loss benefits compensate 85% of the injured person's lost gross income from inability to work, subject to a maximum of $500 per week.
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.
