New York Personal Lines Final Exam 100% Solved correct |Assured Pass A passenger is injured while getting into a friend’s car. Which of the following statements would apply if both the passenger an... d the driver had medical payments coverage under the auto policy? {{Correct Ans- The drivers policy would be primary. Adverse selection is a concept best described as: {{Correct Ans- Risks with higher probability of loss, seeking insurances more often than other risks. An example of an alien insurer doing business in NY is one formed under the laws of {{Correct Ans- Mexico According to the NY motor vehicle financial responsibility law what are the required limits of liability on auto policies issued in this state? {{Correct Ans- 25/50/10 [Show More]
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