Free Personal Automobile Policy Practice Questions
Minnesota Property & Casualty exam — 121 practice questions.
Subtopics: No-fault system, Basic economic loss benefits, Uninsured motorist, Underinsured motorist, Liability limits, Tort threshold, Split limits, Bodily injury liability, Collision deductible, Comprehensive coverage, Towing and labor, Permissive use, Proof of financial responsibility, No-fault purpose, 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 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, Policy structure, Physical damage, Definition of insured, Optional coverages, Exclusions, Liability coverage, Medical payments, Collision coverage, Other than collision, Transportation expenses, Newly acquired autos, Definitions, Supplementary payments, Liability exclusions, Uninsured motorists, Physical damage exclusions, Duties after loss, Policy territory, Termination, Residual market
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Sample questions & answers
1. Under which auto insurance system does an injured Minnesota motorist's own insurer pay certain economic losses regardless of fault?
A no-fault system
Minnesota uses a no-fault auto system, so an injured person's own insurer pays certain economic losses regardless of who caused the accident.
2. Minnesota's mandatory no-fault benefits that pay an insured's own medical expense and wage loss are called what?
Basic economic loss (PIP) benefits
Basic economic loss benefits (personal injury protection) reimburse medical expense, income loss, and related losses regardless of fault, with a $40,000 minimum per person.
3. Coverage that protects an insured injured by an at-fault driver who has no insurance is called what?
Uninsured motorist coverage
Uninsured motorist coverage protects the insured for injuries caused by an at-fault driver with no liability insurance; Minnesota requires it at $25,000/$50,000 minimum.
4. Coverage that applies when an at-fault driver has insurance but not enough to cover the injury is called what?
Underinsured motorist coverage
Underinsured motorist coverage applies when the at-fault driver's liability limits are too low; Minnesota requires it on every plan of reparation security.
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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.
