Free Personal Automobile Policy Practice Questions
Oregon Property & Casualty exam (series 12-04) — 113 practice questions.
Subtopics: Split limits, Each person limit, Per accident limit, Underinsured motorist, Non-owned auto, Towing and labor, Temporary substitute, Supplementary payments, Glass damage, Custom equipment, Bodily injury definition, Vandalism, Trailers, Property damage minimum, DUII limits, Ways to comply, Proof in vehicle, Electronic proof, Omnibus insureds, Future responsibility after accident, Insurer report to DOT, PIP required, PIP medical, PIP medical window, PIP income loss, PIP income cap, PIP disability period, PIP essential services, PIP funeral, PIP child care, PIP deductible, PIP persons covered, PIP primary or excess, PIP exclusions, PIP tort, PIP disputes, PIP reimbursement, PIP managed care, UM required, UM limits, UM rejection, UIM included, Lower UM election, Hit-and-run, UM property damage, UMPD deductible, Auto cancellation reasons, Auto cancellation notice, Auto nonpayment notice, Auto nonrenewal, Auto policy scope, Short-term policies, Affiliate replacement, Pool eligibility notice, Nondriving suspension, Credit history, Credit declination, Credit rerating, Credit inquiries, Aftermarket crash parts, Crash part warranty, Crash part estimate, Choice of repair shop, Total loss disclosure, Total loss reopen, Undisputed amount, Total loss taxes, Totaled vehicle definition, Totaled title, Subrogation and deductible, Comparative negligence, Policy structure, Physical damage, Definition of insured, Optional coverages, Exclusions, Liability coverage, Medical payments, Uninsured motorist, Collision coverage, Other than collision, Transportation expenses, Newly acquired autos, Definitions, Liability exclusions, Uninsured motorists, Physical damage exclusions, Duties after loss, Policy territory, Termination, Residual market
Read the Personal Automobile Policy study guide
Sample questions & answers
1. In a 25/50/20 split-limit auto policy, the third number represents the maximum the insurer will pay for:
Property damage liability per accident
In split limits, the third number is the property damage liability limit per accident; Oregon's minimum property damage limit is $20,000 (ORS 806.070).
2. Under a 25/50/20 auto policy, if one person is injured and incurs 40,000 dollars in covered bodily injury, the most the insurer pays that person is:
25,000 dollars
The per-person bodily injury limit caps payment for any one person at 25,000 dollars, so the insurer pays 25,000 and the rest is unrecovered from this coverage.
3. Under 25/50/20 limits, the most the insurer will pay in total for bodily injury to all persons in one accident is:
50,000 dollars
The second number is the per-accident bodily injury limit, capping total bodily injury payments for all persons at 50,000 dollars.
4. Underinsured motorist coverage is designed to protect the insured when the at-fault driver:
Has liability limits too low to cover the insured's injuries
Underinsured motorist coverage applies when the at-fault driver has some liability insurance but not enough to fully cover the insured's injuries.
All Property & Casualty topics
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.
