1. Exam Prep
  2. North Dakota
  3. Personal Lines
  4. Insurance Regulation

Free Insurance Regulation Practice Questions

North Dakota Personal Lines exam — 24 practice questions.

Subtopics: No-fault system, Minimum auto limits, UM requirement, Comparative negligence, Tort threshold, Monopolistic workers comp, Guaranty association, Elected commissioner, Cancellation notice, Financial responsibility, License line, Proof of insurance, Unfair claims practices, Residual market, Rate filing, UM offer, Fair Credit Reporting Act, Gramm-Leach-Bliley, Fraud and false statements, Do Not Call, Terrorism Risk Insurance Act, McCarran-Ferguson Act, Anti-money laundering, CAN-SPAM Act

Read the Insurance Regulation study guide

Sample questions & answers

1. North Dakota's personal auto insurance system is best described as:

A no-fault system that requires basic personal injury (no-fault) benefits

North Dakota is a no-fault auto state requiring basic no-fault (PIP-type) benefits, so an injured insured first collects from their own insurer regardless of fault.

2. North Dakota's compulsory auto liability minimum limits are commonly stated as (verify current figures):

25/50/25

North Dakota's minimum auto liability limits are commonly cited as 25/50/25; verify the current statutory amounts.

3. On North Dakota auto policies, uninsured and underinsured motorist coverage is generally:

Required to be included, subject to the insured's rights regarding limits

North Dakota generally requires UM/UIM coverage on auto policies to protect insureds against at-fault drivers lacking adequate coverage.

4. North Dakota allocates fault in liability claims under a modified comparative negligence rule, meaning a claimant:

May recover only if their share of fault does not reach the statutory bar, commonly cited at 50 percent (verify)

Under modified comparative negligence, recovery is barred once the claimant's fault reaches the statutory threshold, commonly cited at 50 percent; verify the current rule.

All Personal Lines topics

Practice: Insurance Regulation

Take a randomized, timed-style practice test. Answer choices are shuffled and your results are scored instantly with an explanation for every question.

Practice questions are study aids generated for exam preparation and are not actual exam questions. Content is provided for educational purposes and is not legal advice. Verify current statutes, rules, and exam specifications with the Insurance Department and the exam administrator before relying on it.