Auto Insurance Exam FX Questions and Answers 100% Pass

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Auto Insurance Exam FX Questions and Answers 100% Pass Owned Autos ✔✔Eligible vehicles titled by the insured or acquired during the policy period Non Owned Autos ✔✔any private passenger aut... o, pickup van or trailer operated by or in the custody of the named insured or family member, but are not titled by or furnished for the regular use of the insured. Hired Autos ✔✔leased hired, rented or borrowed from someone other than an employee or partner Liability coverage protects the insured against loss arising from legal liability when an auto that the insured owns, operates or maintains is involved in an accident ✔✔*Bodily Injury & property damage due to an accident *Defense cost as long as the policy covers a particular loss *Costs for settling or defending the insured as deemed appropriate An insured is the person named in an insurance policy that is protected under the contract and to whom the insurer pay benefits or provide services ✔✔ Bodily injury per person/ All Bodily Injuries/property damage per accident ✔✔25/50/25 Split Limit coverage uses 3 dollar amounts ✔✔Bodily injury per person/ All Bodily Injuries/property damage per accident Combined Single Limit ✔✔uses one dollar amount indicating the max coverage for all losses regardless of the number of people involved or the amount of property damaged Out of State COverage ✔✔if a covered auto is involved in an auto accident that occurs in any state or Canadian province other that then one in which the auto is principally garaged, the out of state coverage will apply. Personal Auto Policy (PAP) Purpose Definitions Types of Autos A B [Show More]

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