West Virginia Personal Lines Insurance License Exam — All Questions

What minimum auto liability limits must a West Virginia personal auto policy carry?

• a.$15,000 per person / $30,000 per accident bodily injury and $10,000 property damage
• b.$25,000 per person / $50,000 per accident bodily injury and $25,000 property damage✓
• c.$20,000 per person / $40,000 per accident bodily injury and $10,000 property damage
• d.$50,000 per person / $100,000 per accident bodily injury and $50,000 property damage

West Virginia requires minimum auto liability limits of 25/50/25 — $25,000 bodily injury per person, $50,000 bodily injury per accident, and $25,000 property damage. Note the property-damage minimum ($25,000) is higher than in many states. These are minimums; producers should offer higher limits. Source: West Virginia Offices of the Insurance Commissioner (https://www.wvinsurance.gov).

West Virginia mandates uninsured motorist (UM) coverage on personal auto policies. At what limits?

• a.UM is not required in West Virginia
• b.A flat $10,000 regardless of the policy's liability limits
• c.At least equal to the state minimum liability limits (25/50/25)✓
• d.Only $5,000 property damage, with no bodily injury component

West Virginia is one of the states that require uninsured motorist coverage. The mandatory UM limits are at least equal to the minimum liability limits — 25/50 for bodily injury and $25,000 for property damage. This protects an insured hit by an at-fault driver who has no insurance. Source: West Virginia Offices of the Insurance Commissioner (https://www.wvinsurance.gov).

How does West Virginia treat fault after a covered auto accident?

• a.It is a pure no-fault state where each insurer pays its own insured
• b.It bars all lawsuits arising from auto accidents
• c.It requires a full-tort/limited-tort election like Pennsylvania
• d.It is a tort ('at-fault') state — the at-fault driver and insurer are responsible for the other party's damages✓

West Virginia is a traditional tort (at-fault) state. The driver who causes the crash — and that driver's liability insurer — is responsible for the injuries and property damage suffered by the other party. West Virginia is not a no-fault state and does not use a tort-option election. Source: West Virginia Offices of the Insurance Commissioner (https://www.wvinsurance.gov).

How are cancellation and nonrenewal of a personal auto or homeowners policy regulated in West Virginia?

• a.An insurer may cancel any personal policy at any time for any reason with no notice
• b.Only the policyholder may ever cancel; insurers can never cancel mid-term
• c.There are no notice rules; cancellation is governed solely by the contract
• d.State law limits the reasons an insurer may cancel or nonrenew and requires advance written notice to the insured; confirm the exact notice period with the Offices of the Insurance Commissioner✓

West Virginia restricts mid-term cancellation of personal auto and homeowners policies to specified reasons (such as nonpayment or material misrepresentation) and requires advance written notice of cancellation or nonrenewal. The exact number of days varies by reason and line — verify current West Virginia notice periods with the Offices of the Insurance Commissioner.

A West Virginia client asks why their required property-damage liability limit seems higher than a neighbor's in another state. What is the best answer?

• a.West Virginia's minimum property-damage liability limit is $25,000, higher than the $10,000 minimum common in many states✓
• b.West Virginia has no property-damage requirement at all
• c.Property-damage limits are set by the vehicle manufacturer
• d.The federal government sets a national $5,000 property-damage minimum

West Virginia's minimum property-damage liability is $25,000 — part of its 25/50/25 requirement — noticeably higher than the $10,000 property-damage minimum used in many states. Producers should still recommend higher limits because repair and replacement costs often exceed the minimum. Source: West Virginia Offices of the Insurance Commissioner (https://www.wvinsurance.gov).