Chapter 16: Commercial Auto Insurance
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- 1.Which of the following coverages are provided by Business Auto Physical Damage coverage?
- A.
Collision
- B.
Transportation Expenses
- C.
Comprehensive
- D.
Garagekeepers Insurance
- 2.Which portion of the Garage coverage form covers liability for damage to property of others in the insured's care, custody, or control?
- A.
Liability
- B.
Garagekeepers
- C.
Physical Damage
- D.
Both A and B
- 3.The Garage coverage form covers liability arising out of which of the following?
- A.
Ownership, maintenance, or use of covered autos
- B.
Garage operations
- C.
A trailer interchange agreement
- D.
Advertising injury
- 4.Which of the following perils are included in the Business Auto coverage form's Specified Causes of Loss coverage?
- A.
Collision
- B.
Earthquake
- C.
Flood
- D.
Theft
- 5.Which of the following statements concerning Business Auto Liability coverage are correct?
- A.
It covers BI or PD caused by an accident.
- B.
It does not cover pollution losses.
- C.
It only covers sums for which the insured is legally liable.
- D.
The BI or PD must result from the ownership, maintenance, or use of a covered auto.
- 6.Who of the following would be considered an insured under Business Auto Liability coverage?
- A.
The named insured
- B.
Others while using a covered auto with permission
- C.
The owner of a borrowed auto
- D.
Others who become liable for the conduct of an insured
- 7.Which of the following are excluded under Business Auto Liability coverage?
- A.
Liability assumed under a contract that is considered an insured contract
- B.
Damage to the insured's own auto
- C.
Injury to employees covered by workers compensation laws
- D.
Liability for property in the insured's custody
- 8.Which of the following losses would be paid under the Business Auto coverage form's Comprehensive coverage?
- A.
Gradual corrosion of the grillwork on a covered auto because of continuous exposure to salt air
- B.
Overturn of a covered auto
- C.
Collision damage to a covered auto
- D.
Theft of a covered auto
- 9.Which of the following businesses might be covered under a Garage coverage form?
- A.
Used car dealer
- B.
Catering company
- C.
Auto body shop
- D.
Service station
- 10.Which of the following coverages are included in an unendorsed Garage coverage form?
- A.
Garagekeepers
- B.
Uninsured Motorists
- C.
Liability
- D.
Physical Damage
- 11.Which of the following can be considered covered autos only under the Garage coverage form?
- A.
Customers' autos left with the insured for service
- B.
Autos the insured has leased to use in the business
- C.
Autos held for sale by a dealer
- D.
Autos owned by the insured and used in the insured's business
- 12.Which of the following Commercial Auto coverage forms does not offer liability coverage?
- A.
Business Auto
- B.
Business Auto Physical Damage
- C.
Garage
- D.
Trucker's
- 13.Which of the following would be included in an unendorsed Business Auto coverage policy? Select all that apply.
- A.
Liability coverage
- B.
Physical Damage coverage
- C.
Uninsured Motorists coverage
- D.
Medical Payments coverage
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