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  2. Oregon
  3. Personal Lines
  4. Insurance Regulation

Free Insurance Regulation Practice Questions

Oregon Personal Lines exam — 24 practice questions.

Subtopics: Tort with PIP, Minimum auto limits, Mandatory PIP, UM requirement, Comparative negligence, Guaranty association, Financial responsibility, Proof of insurance, Cancellation notice, License line, Unfair claims practices, Premium tax, Residual market, Insurance fraud, Continuing education, Nonrenewal notice, 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. Oregon's personal auto insurance system is best described as:

A tort (at-fault) system that also requires mandatory personal injury protection (PIP) benefits

Oregon uses an at-fault (tort) liability system but requires drivers to carry mandatory PIP benefits in addition to liability coverage.

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

25/50/20

Oregon's minimum auto liability limits are commonly cited as 25/50/20; verify the current statutory amounts.

3. In addition to liability coverage, Oregon law generally requires personal auto policies to include:

Personal injury protection (PIP) benefits

Oregon requires personal auto policies to provide PIP benefits, which pay an injured insured's medical and certain other expenses regardless of fault.

4. On Oregon auto policies, uninsured motorist (UM) coverage is generally:

Required to be included, generally at limits at least equal to the liability limits (verify)

Oregon generally requires UM coverage on auto policies, commonly at limits at least equal to the liability limits; verify the current rule.

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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.