Free Commercial Automobile Policy Practice Questions
Mississippi Casualty exam — 48 practice questions.
Subtopics: Commercial exclusion, Assigned risk commercial, Business auto coverage, Covered auto symbols, Hired autos, Non-owned autos, MCS-90 form, Lessor additional insured, Drive other car, Mobile equipment, Physical damage commercial, Symbol 2 owned autos, Symbol 7 specified autos, Symbol 8 hired autos, Garagekeepers, Who is an insured, Trailer coverage, Auto pollution exclusion, Rental reimbursement, Motor truck cargo, Newly acquired autos, Supplementary payments, Liability exclusions, Physical damage, Coverage territory, Other insurance, Individual named insured, Employees as insureds, Hired auto physical damage, Business auto duties, Business auto vs PAP
Read the Commercial Automobile Policy study guide
Sample questions & answers
1. An auto repair shop's garage policy in Mississippi is cancelled mid-term. The statutory auto cancellation reasons in 83-11-3:
Do not apply to garage operation policies
Miss. Code 83-11-1 states the article does not apply to any policy covering garage, automobile sales agency, repair shop, service station or public parking place operation hazards.
2. Besides private passenger vehicles, the Mississippi Automobile Insurance Plan may issue policies for:
Commercial motor vehicles
Rule 3.01 provides that the Plan may issue private passenger and commercial motor vehicle policies, with commercial risks handled through the Commercial Automobile Insurance Procedure (CAIP).
3. The Business Auto Coverage Form provides a business with:
Liability and physical damage coverage for autos used in the business
The Business Auto Coverage Form (BACF) provides auto liability and physical damage coverage for a business's vehicles.
4. In the business auto form, covered auto symbol 1 designates:
Any auto, the broadest liability designation
Symbol 1 (any auto) is the broadest covered-auto designation and is commonly used for liability coverage.
Practice: Commercial 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.
