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9 Cards in this Set
- Front
- Back
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Nonresidents must comply with the Florida No Fault Law: A. They do not ever come under this law. B. If they are driving in Florida. C. If their auto is in Florida 30 consecutive days. D. If their auto is in Florida over 90 of the last 365 days. |
D. If their auto is in Florida over 90 of the last 365 days.
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An insured and his spouse have two cars insured under a Personal Auto Policy. What coverage is available for a car that the wife borrows from a friend to use for the weekend? A. There is no automatic coverage. B. The borrowed car would have the same coverage as the least covered vehicle. C. The borrowed car would have the broadest coverage available on the policy. D. The coverage would extend to the borrowed car if notified her insurer prior to use. |
C. The borrowed car would have the broadest coverage available on the policy.
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The Financial Responsibility Law may be satisfied by which of the following? I. Buying liability auto insurance in the amount of 10/20/5 split limits. II. Buying liability auto insurance in the amount of 10/20/10 split limits. III. Buying liability auto insurance in the amount of $30,000 single limit A. I only B. II only C. I and II only D. II and III only |
D. II and III only
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An insured had an accident in another state that required liability limits 25/50/10. Our insured had 10/20/10 limits. What happens if the liability he incurs exceeds 10/20/10? A. Our insured's license will be revoked since he did not comply with the other state's requirements. B. Our insured's policy will respond to the higher limit of the other states. C. Our insured's policy will pay up to its 10/20/10 limits and the insured will be responsible for any balance. D. None of the above. |
B. Our insured's policy will respond to the higher limit of the other states.
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How do Worker's Compensation benefits apply when work related injuries are also covered by PIP? A. WC excess over PIP B. PIP excess over WC C. Coverage shared on a pro rata basis D. PIP excludes coverage if WC is available |
B. PIP excess over WC
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In Florida, Pt. B, Medical Payments (Med Pay) will pay: A. Primary benefits. B. Excess benefits after PIP is exhausted. C. Excess benefits above the liability payment. D. Primary or excess depending upon the option selected. |
B. Excess benefits after PIP is exhausted.
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An insured purchases Extended PIP; this changes his medical reimbursement to : A. A higher dollar limit B. 100% C. 80% D. 60% |
B. 100%
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All of the following are "Thresholds" of the No-Fault Law, Except: A. Death. B. Permanent injury other than scarring. c. Permanent loss of bodily function. D. Temporary Injury |
D. Temporary Injury
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Jack is involved in an accident -- he is driving his car when hit by an at-fault driver, Sam. (Florida residents). Jack has two more cars at home. Both Jack and Sam have Basic PIP with no deductible, Med Pay coverage of $5,000, Liability of 50/100/50, and stacked UM of $50,000 on each car that they own. Jack has a medical claim of $215,000. How much will Jack's UM pay for this claim? A. -0- B. 50,000 C. 100,000 D. 150,000 |
D. 150,000
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