Free Personal Auto Policy Practice Questions
New Mexico Personal Lines exam (series 18-38) — 154 practice questions.
Subtopics: Financial responsibility, Minimum limits, Per person limit, Proof of insurance, Uninsured motorist, UM purpose, SR-22, Penalty for no insurance, Nonrenewal, Total limit per accident, Liability coverage, Collision, Comprehensive, Medical payments, Deductible, Loss settlement math, Newly acquired auto, Transportation expenses, Excluded use, Other insurance, Duties after loss, Territory, Loss payable, Not-at-fault accidents, Financial responsibility alternatives, Uninsured vehicle penalty, Permissive users, Driver exclusion, UM/UIM requirement, UM/UIM rejection, Underinsured motorist, UM on renewal, Uninsured accident citation, Registration and insurance, Part A liability, Part B medical payments, Part C UM, Part D collision, Other than collision, Covered persons liability, Temporary substitute, Supplementary payments, Liability exclusion intentional, Liability exclusion livery, Split limits, Towing and labor, Loss settlement physical damage, Duties after accident, 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, 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, Cancellation, 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. New Mexico's Mandatory Financial Responsibility Act requires owners of registered motor vehicles to maintain at least:
Liability coverage at the minimum limits
The Mandatory Financial Responsibility Act requires owners to maintain at least liability coverage meeting state minimum limits.
2. New Mexico's minimum auto liability limits are 25/50/10. What does the 10 represent?
Property damage liability per accident
Under the Mandatory Financial Responsibility Act the 10 is $10,000 of property damage liability per accident; 25 and 50 are bodily injury per person and per accident.
3. Under New Mexico minimum limits of 25/50/10, the most the policy would pay for bodily injury to one person in an accident is generally:
$25,000
The first number, 25 (in thousands), is the bodily injury liability limit per person, so up to $25,000 for one person.
4. A New Mexico driver is generally required to show evidence of financial responsibility:
On request of police or when registering
Drivers must provide proof of financial responsibility when registering a vehicle and on request by law enforcement.
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.
