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  2. South Dakota
  3. Personal Lines
  4. Insurance Regulation

Free Insurance Regulation Practice Questions

South Dakota Personal Lines exam — 24 practice questions.

Subtopics: Producer licensing, Auto minimum limits, Uninsured motorist, Underinsured motorist, Comparative negligence, Comparative negligence effect, Financial responsibility, Unfair claims practices, Guaranty association, Cancellation notice, Rebating, Insurance fraud, Residual market, Director authority, Rate standards, Proof of loss, 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. To sell personal lines property and casualty insurance in South Dakota, an individual generally must hold:

An appropriate property and casualty producer license

Selling personal lines property and casualty insurance requires the appropriate P&C producer license issued by the Division.

2. South Dakota law generally requires private passenger auto liability limits of at least (verify):

25/50/25

South Dakota's minimum auto liability limits are generally 25/50/25 ($25,000/$50,000 bodily injury and $25,000 property damage); verify current law.

3. South Dakota generally requires every private passenger auto liability policy issued in the state to include:

Uninsured motorist bodily injury coverage

South Dakota requires uninsured motorist bodily injury coverage on auto liability policies to protect insureds harmed by uninsured drivers.

4. Coverage that protects a South Dakota insured injured by an at-fault driver who carries some, but not enough, liability insurance is:

Underinsured motorist (UIM) coverage

Underinsured motorist coverage applies when the at-fault driver's liability limits are insufficient to cover the insured's injuries.

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.