Subro Quiz Q2 2014

10 Questions | Total Attempts: 22

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Subro Quiz Q2 2014

Questions and Answers
  • 1. 
    You are the applicant and have received an email stating an arbitration decision was rendered. Which of the filling is not a clerical error?
    • A. 

      Math error in calculating award

    • B. 

      Switching parties when recording decision

    • C. 

      Liability decision incorrect

    • D. 

      Missing submitted evidence

  • 2. 
    You need to review the arbitration decisions as applicant or respondent for clerical or jurisdictional errors as you only have _______ days from the publication date of the Automobile Decision to file your complaint
  • 3. 
    You have received an auto arbitration application from State Farm. Your insured's vehicle was stolen. When you file your answer, you can plead an "Affirmative Defense" of no coverage?
    • A. 

      True

    • B. 

      False

  • 4. 
    You receive an Arbitration Hearing Notice listing NYCM  as the respondent. The file number listed is not an NYCM file number and the listed insured is not an NYCM insured. You should call the adverse carrier and advise them and do not have to file a respondent answer.
    • A. 

      True

    • B. 

      False

  • 5. 
    You have a claim where your insured had a not at fault accident against an at fault adverse carrier and sustained auto damages as well as damages to his laptop that was in the vehicle at the time of the loss. Your insured does have an auto and homeowner policy with NYCM. If settlement is disputed, you can file for auto and homeowner damages under the Auto Arbitration application.
    • A. 

      True

    • B. 

      False

  • 6. 
    If "0" is entered in the " I admit ___% of liability" field but no liability arguments are made in the contentions, the arbitrator is free to deem that liability is not an issue and resolve any damage dispute.
    • A. 

      True

    • B. 

      False

  • 7. 
    The arbitrator ruled that you proved your case at 75% as applicant. You note that there is a property damage reserve still open for the adverse carriers insured.  You are obligated to pay the adverse carrier's insured 25% of their claim.
    • A. 

      True

    • B. 

      False

  • 8. 
    Your insured is the innnocent party involved in a 3 car accident. Vehicle A is a member of arbitration and vheicle B is not a member of Arbitration. You file your auto arbitration against vehicle A insurer only and the decision comes back putting 80% liability against Vehicle A insurer and 20 % against vehicle B insurer.  You can pursue vehicle B insurer for the remaining 20% balance.
    • A. 

      True

    • B. 

      False

  • 9. 
    To "Raise an Affirmative Defense" or " Request a Deferment " you only need to select "yes" in the appropriate section on the auto application.
    • A. 

      True

    • B. 

      False

  • 10. 
    Proof of payment is a requirement when filing as an applicant to prove damages.
    • A. 

      True

    • B. 

      False

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