Insurance Coverage Quiz

Front

Which of the following is considered a collision under Part D coverage?

Back

B) A vehicle hitting a rock in the middle of the road

Front

What is the waiting period for transportation expenses coverage for losses arising out of total theft of the auto?

Back

C) 48 hours

Front

Which of the following is NOT considered an uninsured motor vehicle?

Back

C) A vehicle owned by a government unit

Front

What is the purpose of medical payments coverage under Part B?

Back

B) To pay for medical expenses for the insured and family members in case of an auto accident

Front

Which of the following is excluded from Part D coverage?

Back

C) Damage due to wear and tear

Front

What is the maximum daily amount paid for transportation expenses under Part D?

Back

C) $20

Front

Which of the following is NOT a peril covered under comprehensive coverage?

Back

C) Collision with another vehicle

Front

What is the primary purpose of umbrella/excess liability insurance?

Back

B) To offer additional coverage beyond the limits of an underlying policy

Front

Which of the following is NOT typically covered by a personal umbrella policy?

Back

C) Intentional acts

Front

What is the principle of indemnity in insurance?

Back

B) To restore the insured to their financial position before the loss