Free Personal Automobile Policy Practice Questions
Oklahoma Casualty exam — 97 practice questions.
Subtopics: Binders, Minimum auto limits, Named driver exclusion, Financial responsibility, Compulsory insurance, Proof of insurance, Security verification form, Out-of-state limits, Auto underwriting limits, Traffic charges, Accident prevention discount, Auto assigned risk plan, Policy expiration time, Uninsured motorist, Auto total loss, Auto claim settlement, Persons insured, Physical damage, Uninsured motorists, Medical payments, PAP structure, Your covered auto, Newly acquired auto, Family member, You and your, Part A exclusions, Supplementary payments, Out of state coverage, Other insurance, 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. Under Oklahoma's financial responsibility law, a binder issued while a motor vehicle liability policy is pending:
Satisfies the requirements for such a policy
47 O.S. 7-324(k) provides that a binder issued pending issuance of a motor vehicle liability policy fulfills the requirements for such a policy.
2. Oklahoma's minimum motor vehicle liability limits are:
$25,000 / $50,000 / $25,000
47 O.S. 7-324(b)(2) sets the owner's policy minimums at $25,000 per person and $50,000 per accident for bodily injury and $25,000 for property damage.
3. What is the minimum property damage liability limit required for an Oklahoma owner's auto policy?
$25,000 per accident
47 O.S. 7-324(b)(2) requires $25,000 because of injury to or destruction of property of others in any one accident.
4. An Oklahoma driver with minimum limits causes an accident injuring three people. The most the policy pays for bodily injury to all three combined is:
$50,000
47 O.S. 7-324(b)(2) sets $50,000 for bodily injury to two or more persons in one accident, subject to $25,000 per person.
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.
