Question 1 of 5 Share Facebook Twitter LinkedIn WhatsApp Email Copy Link Under the Personal Automobile Policy, trailers would NOT be covered when towed by a A. private passenger vehicle B. pickup truck used on a farm C. customized van taken on a vacation D. dump truck used to haul trash Submit Answer
Question 2 of 5 Share Facebook Twitter LinkedIn WhatsApp Email Copy Link What level of agent authority is given when the principal gives the agent authority in writing? A. Express B. Implied C. Apparent D. Direct Submit Answer
Question 3 of 5 Share Facebook Twitter LinkedIn WhatsApp Email Copy Link When an insured and an insurer CANNOT agree on the amount of indemnification, what stipulation provides either party with an assessment of the loss? A. Arbitration B. Coinsurance C. Subrogation D. Appraisal Submit Answer
Question 4 of 5 Share Facebook Twitter LinkedIn WhatsApp Email Copy Link The director may deny, suspend, revoke, or refuse to renew a license for all of the following actions EXCEPT A. demonstrating incompetence in the conduct of business B. having been arrested on a felony charge C. having admitted to committing fraud D. providing incorrect, misleading, or materially untrue information in the license application Submit Answer
Question 5 of 5 Share Facebook Twitter LinkedIn WhatsApp Email Copy Link A special limitation applies to business income losses under a businessowners policy (BOP). This limitation applies to losses resulting from loss or damage to A. foundations and retaining walls B. security systems C. electronic media and records D. outdoor signs Submit Answer