- Exam Prep
- New Mexico
- Property & Casualty
- Commercial Auto
Free Commercial Auto Practice Questions
New Mexico Property & Casualty exam — 40 practice questions.
Subtopics: Symbols, Symbol 1, Hired autos, Non-owned autos, Physical damage, Trucking, Garagekeepers, MCS-90, Drive other car, Cargo, UM commercial, Rating basis, Coverage forms, Property coverages, Liability coverages, HO-4 renters, HO-6 condominium, HO-3 special form, HO-5 comprehensive, HO-8 modified, Coverage F medical payments, Coverage E personal liability, Special limits of liability, Loss of use, Scheduled personal property, Coverage B percentage, Coverage C percentage, Section II exclusions, Section I excluded perils
Sample questions & answers
1. On a New Mexico business auto policy the covered auto designation symbols are used to:
Indicate which autos are covered for each coverage
Covered auto symbols on the business auto policy indicate which vehicles are covered for each type of coverage.
2. Business auto symbol 1 on a New Mexico policy generally refers to:
Any auto
Symbol 1 means any auto and provides the broadest description of covered autos for liability.
3. Hired auto coverage on a New Mexico business auto policy applies to autos the business:
Leases, hires, rents, or borrows
Hired auto coverage applies to autos the business leases, hires, rents, or borrows for use in the business.
4. Non-owned auto coverage on a New Mexico business auto policy protects the business when:
Employees use their own cars on company business
Non-owned auto coverage protects the business for liability arising when employees use their own vehicles on company business.
All Property & Casualty topics
Practice: Commercial Auto
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.