Free Commercial Automobile Policy Practice Questions
Wyoming Casualty exam — 48 practice questions.
Subtopics: Fleet self-insurance, Self-insurance deposit, 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. In Wyoming, a person may qualify as a motor vehicle self-insurer if more than how many motor vehicles are registered in that person's name?
25
Wyo. Stat. 31-9-414(a) allows a person with more than twenty-five registered vehicles to qualify by filing $200,000 plus $100 for each vehicle over 25.
2. A Wyoming fleet owner qualifying as a motor vehicle self-insurer must file cash, securities or a bond of:
$200,000 plus $100 per vehicle over 25
Wyo. Stat. 31-9-414(a) requires $200,000 plus $100 for each vehicle in excess of twenty-five; the certificate expires three years from issue.
3. 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.
4. 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.
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.