Kelly was driving home from vacation when she was rear ended at a stop sign. The driver who hit Kelly had auto insurance, but at a very low limit. The limit the driver had would not cover the extent of the damage to Kelly's vehicle. Which coverage, if Kelly had it on her own policy, would cover the difference between what the damage cost and what the at-fault driver's limits were?

The topics covered on the Property & Casualty Insurance Exam depend on the specific state board in the United States. Below are some probable categories for this exam. Types of Policies, which includes limited-pay, single-premium life, and ordinary whole life. Parts of a Policy, which includes declarations, agreements, conditions, and exclusions. Policy Riders and Provisions, which includes waiver of premium, accidental death dismemberment, insurance clause, owner’s rights, and payor benefits. Completing the Application, which includes underwriting, warranties, replacement, insurable... Show more

The topics covered on the Property & Casualty Insurance Exam depend on the specific state board in the United States. Below are some probable categories for this exam.

Types of Policies, which includes limited-pay, single-premium life, and ordinary whole life.
Parts of a Policy, which includes declarations, agreements, conditions, and exclusions.
Policy Riders and Provisions, which includes waiver of premium, accidental death dismemberment, insurance clause, owner’s rights, and payor benefits.
Completing the Application, which includes underwriting, warranties, replacement, insurable interest, and the Fair Credit Reporting Act.
Insurance Concepts, which includes life insurance, business insurance, retirement plans, and social security.
Marketing Practices, which includes claims methods, false advertising, rebating, fraud, and misrepresentation.
Basics of Third Party Coverage, which includes liability policies, negligence, and “No Fault” benefits.
Specialty Policies, which includes Fair Plan Coverage, Personal Watercraft, and flood insurance.
Commercial Crimes, which includes extortion, theft, and robbery.
Licensing Laws, which includes limited lines, types of producers, fees, and commissions.

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