Personal Auto PolicyCâu 377 / 474
With 100/300/50 limits, an at-fault insured injures four people whose claims are valued at $90,000, $120,000, $150,000 and $60,000. Part A bodily injury pays:
a.$350,000, after the per-person caps
b.$300,000, the per-accident limit
c.$420,000, the four claims in full
d.$400,000, four times the per-person cap
Giải thích
Apply the per-person cap first: $90,000 + $100,000 + $100,000 + $60,000 = $350,000. That total then runs into the $300,000 per-accident limit, so $300,000 is the most payable for all bodily injury in the accident and the claimants share it. The $350,000 answer stops after the per-person step, and $420,000 is the untrimmed sum of the four claims.
Luyện miễn phí toàn bộ 474 câu hỏi — không cần đăng ký.
Own the complete Personal Lines Insurance Producer guide — PDF + EPUB, $19.99 →
Câu hỏi liên quan cùng chủ đề
- The duty to defend under Part A of the personal auto policy means the insurer:
- An insured with a $100,000 per-person bodily injury limit is sued, a $100,000 judgment is entered, and the insurer spent $30,000 defending the case. In total the insurer pays:
- A driver with 100/300/50 limits is at fault. One person's injuries are valued at $150,000, a second person's at $80,000, and a car is damaged to the extent of $12,000. Part A pays:
- An insured with 100/300/50 limits runs off the road and destroys a $65,000 car and a $10,000 fence. Part A property damage pays:
- A combined single limit differs from split limits because a combined single limit:
- An insured carries a $300,000 combined single limit. In one at-fault accident, two people are injured with claims valued at $200,000 and $50,000, and $80,000 of property is destroyed. Part A pays:
Cập nhật gần nhất: · quy trình kiểm tra
Đội ngũ PrepPass · Đối chiếu với California Personal Lines Insurance License Exam · Quy trình kiểm tra