Free Commercial Automobile Policy Practice Questions
Montana Casualty exam — 47 practice questions.
Subtopics: Commercial auto record, 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. For a commercial automobile policy, Montana bars refusing, surcharging, or limiting coverage based solely on adverse loss or driving record information that is:
5 years old or older
Mont. Code Ann. 33-18-210(11)(b) and 33-16-201(4)(c) use a 5-year look-back for commercial auto policies.
2. 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.
3. 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.
4. Hired auto coverage in a business auto policy applies to autos the insured:
Leases, hires, rents, or borrows
Symbol 8 hired autos are those leased, hired, rented or borrowed, excluding autos leased, hired, rented or borrowed from employees or their household members.
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.
