Pennsylvania Property & Casualty Insurance License Exam — All Questions

What are Pennsylvania's minimum bodily-injury auto liability limits?

• a.$15,000 per person / $30,000 per accident✓
• b.$25,000 per person / $50,000 per accident
• c.$50,000 per person / $100,000 per accident
• d.$30,000 per person / $60,000 per accident

Under 75 Pa.C.S. Section 1702, Pennsylvania's minimum motor-vehicle bodily-injury limits are $15,000 per person and $30,000 per accident (confirmed via codes.findlaw.com). Because minimums can change, verify the current limits with the Pennsylvania Insurance Department.

What is Pennsylvania's minimum property-damage liability limit for an auto policy?

• a.$25,000 per accident
• b.$5,000 per accident✓
• c.$10,000 per accident
• d.$20,000 per accident

75 Pa.C.S. Section 1702 sets Pennsylvania's minimum property-damage liability limit at $5,000 per accident, alongside the 15/30 bodily-injury minimums, for the 15/30/5 requirement. These are statutory minimums that can change; confirm current figures with the Pennsylvania Insurance Department.

What is the minimum first-party medical benefit a Pennsylvania auto policy must provide?

• a.$1,000
• b.$2,500
• c.$10,000
• d.$5,000✓

Under 75 Pa.C.S. Section 1711, a Pennsylvania auto policy must include a first-party medical benefit of at least $5,000 (confirmed via codes.findlaw.com). Higher medical-benefit limits may be purchased. Verify the current requirement with the Pennsylvania Insurance Department.

A Pennsylvania insured selects the LIMITED-tort option on a personal auto policy. What is the main effect of that choice?

• a.The insured cannot recover any damages from an at-fault driver
• b.The insured pays a lower premium but generally cannot sue for pain-and-suffering (noneconomic) damages except for serious injury✓
• c.The insured gives up all liability coverage
• d.The insured must carry double the minimum limits

Pennsylvania is a 'choice' no-fault state. A limited-tort insured pays a lower premium but generally may recover only economic damages (medical bills, lost wages) and is barred from suing for noneconomic pain-and-suffering damages except in cases of serious injury or other statutory exceptions. A full-tort insured keeps the unrestricted right to sue. Confirm the current framework with the Pennsylvania Insurance Department.