Free Personal Auto Policy Practice Questions
Minnesota Personal Lines exam — 199 practice questions.
Subtopics: No-fault system, Mandatory PIP, PIP minimum amount, PIP benefit split, Minimum liability limits, Uninsured and underinsured motorist, Tort threshold, Bodily injury liability, Property damage liability, Collision coverage, Comprehensive coverage, Coverage relationships, Financial responsibility, Named insured, 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, 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, Part A liability, Part B medical payments, Part C UM, Part D collision, Other than collision, Covered persons liability, Newly acquired auto, Temporary substitute, Supplementary payments, Liability exclusion intentional, Liability exclusion livery, Split limits, Transportation expenses, Towing and labor, Loss settlement physical damage, Duties after accident, Territory, Covered auto definition, Trailers coverage, Non-owned auto, 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, Racing exclusion, Flying vehicles, Split limits calculation, Limit of liability, Other insurance, Medical payments, 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, Duties after loss, 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. Minnesota's personal automobile insurance system is best described as which type?
A no-fault system
Minnesota is a no-fault auto insurance state, meaning an injured person's own insurer pays certain economic losses regardless of who caused the accident.
2. Because Minnesota is a no-fault state most personal auto policies must include which mandatory coverage?
Basic economic loss (PIP) benefits
Every plan of reparation security must provide basic economic loss benefits, paid regardless of fault, along with liability and UM/UIM coverages.
3. What minimum personal injury protection benefit per person does Minnesota require?
$40,000
Basic economic loss benefits must provide a minimum of $40,000 per person.
4. How is Minnesota's minimum per-person PIP benefit split between medical and nonmedical loss?
$20,000 medical and $20,000 nonmedical
The $40,000 minimum consists of $20,000 for medical expense and $20,000 for income loss, replacement services, funeral, and survivors' losses.
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.
