Free Personal Automobile Policy Practice Questions
South Carolina Property & Casualty exam — 113 practice questions.
Subtopics: Binders, Tort system, Driving uninsured, Property damage liability, Bodily injury liability, Comprehensive deductible, Gap exposure, Rating factors, SR-22, Medical payments, Permissive use, Stacking, Unearned premium, Minimum limits, Required territory, Uninsured motorist, Underinsured motorist, Unknown driver, Offer of optional coverage, Named driver exclusion, Deductibles, Physical damage, Assigned risk, Auto cancellation notice, Director review, New business period, Auto cancellation reasons, Auto nonrenewal, Records, Underwriting restrictions, Unfair discrimination, Rating restrictions, Reduction in coverage, Financial responsibility, Proof of insurance, Registration security, Lapse of insurance, Operating uninsured, Accident reporting, Certified policies, Claim payments, Permitted exclusions, First-party benefits, UM and UIM, Policy structure, Definition of insured, Optional coverages, Exclusions, Liability coverage, Collision coverage, Other than collision, Transportation expenses, Towing and labor, Newly acquired autos, Definitions, Supplementary payments, Liability exclusions, Uninsured motorists, Physical damage exclusions, Duties after loss, Policy territory, Termination, Residual market
Read the Personal Automobile Policy study guide
Sample questions & answers
1. Under South Carolina's Motor Vehicle Financial Responsibility Act, a legal binder issued while a motor vehicle liability policy is pending:
Is considered to fulfill the policy requirements
Section 56-9-20(5)(g) states a legal binder issued pending issuance of a motor vehicle liability policy is considered as fulfilling the requirements for the policy.
2. South Carolina's auto insurance system is generally based on:
An at-fault system based on legal liability
South Carolina requires auto policies to insure against liability imposed by law for damages arising from use of the vehicle (38-77-140), an at-fault (tort) system rather than no-fault.
3. A South Carolina driver who fails to maintain required auto liability insurance may face:
Fines and license suspension
Section 56-10-520 makes operating an uninsured vehicle a misdemeanor with fines or jail, and the DMV suspends the driver's license and registrations until a reinstatement fee is paid.
4. Property damage liability under an auto policy pays for damage the insured causes to:
Another person's property, such as a car
Part A liability pays property damage for which the insured becomes legally responsible because of an auto accident; damage to the insured's own car is a physical damage (Part D) matter.
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Practice: Personal Automobile Policy
Answer choices are shuffled every time, and every question comes with an explanation.
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.
