Missouri Property & Casualty Insurance License Exam — All Questions
3 questions
What are Missouri's minimum auto liability limits for a private passenger vehicle?
- a.$15,000 / $30,000 / $10,000
- b.$30,000 / $60,000 / $25,000
- c.$25,000 / $50,000 / $25,000✓
- d.$50,000 / $100,000 / $25,000
Missouri's minimum liability limits are 25/50/25: $25,000 bodily injury per person, $50,000 per accident, and $25,000 property damage, per Mo. Rev. Stat. Sec. 303.190 (verified this session on revisor.mo.gov). The property-damage minimum was raised from $10,000, so the older 25/50/10 figure is outdated. Confirm current figures with the Missouri Department of Commerce and Insurance.
In addition to liability, which coverage does Missouri require on a personal auto policy?
- a.Personal injury protection (PIP)
- b.Uninsured motorist (UM) coverage✓
- c.Collision coverage
- d.Comprehensive coverage
Missouri requires uninsured motorist (UM) bodily injury coverage in addition to liability, protecting the insured when injured by a driver who has no insurance. Missouri does not mandate no-fault PIP. The required UM amounts are set by state law; verify current figures with the Missouri Department of Commerce and Insurance.
How is Missouri's auto insurance system best characterized with respect to the right to sue?
- a.A no-fault state that restricts auto injury lawsuits
- b.An add-on PIP state with mandatory first-party benefits
- c.A tort ('at-fault') state in which the injured party keeps the right to sue the at-fault driver✓
- d.A state with no financial-responsibility requirement
Missouri is a tort, or at-fault, state: it does not mandate no-fault personal injury protection, so an injured person retains the full right to sue the at-fault driver for damages. Compulsory liability and uninsured motorist coverage still apply. Confirm current requirements with the Missouri Department of Commerce and Insurance.