Free Personal Automobile Policy Practice Questions
New Mexico Casualty exam (series 18-29) — 70 practice questions.
Subtopics: Not-at-fault accidents, Minimum limits, Financial responsibility alternatives, Uninsured vehicle penalty, Permissive users, Permitted exclusions, Driver exclusion, UM/UIM requirement, UM/UIM rejection, UM property damage, Underinsured motorist, UM limits, Uninsured accident citation, Registration and insurance, Liability coverage, Medical payments, Excluded use, Other insurance, Duties after loss, Territory, Persons insured, Physical damage, Uninsured motorists, PAP structure, Your covered auto, Newly acquired auto, Family member, You and your, Part A exclusions, Supplementary payments, Out of state coverage, 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. A New Mexico driver is rear-ended at a stop light, and the accident report finds the driver not at fault. Under New Mexico law, the driver's auto insurer may NOT:
Increase the premium because of that accident
A motor vehicle liability insurer's rates shall not provide for a premium increase based on an accident in which the insured is not at fault.
2. Under New Mexico law, may an auto insurer nonrenew a policy based solely on an accident in which the insured was not at fault in any manner?
No
An insurer shall not cancel or use as a basis for nonrenewal an accident in which the insured is not at fault in any manner.
3. New Mexico's Mandatory Financial Responsibility Act requires liability coverage of at least:
$25,000/$50,000/$10,000
Evidence of financial responsibility means $25,000 per person and $50,000 per accident for bodily injury, and $10,000 for property damage.
4. Under New Mexico's minimum financial responsibility limits, the most required for property damage to others in one accident is:
$10,000
The required property damage amount is ten thousand dollars because of injury to or destruction of property of others in any one accident.
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.
