Free Commercial Automobile Policy Practice Questions
Wisconsin Property & Casualty exam — 39 practice questions.
Subtopics: Commercial auto, Commercial liability exemption, Motor vehicle handler, Covered auto symbols, Hired and non-owned, Federal motor carrier, Physical damage, Mobile equipment, Carrier regulations, Hired auto physical damage, Symbol 2 owned autos, Liability coverage, Trailer interchange, Garagekeepers, Drive other car, Rental reimbursement, Pollution liability, Who is an insured, Specified causes of loss, Symbol 8 hired autos, Newly acquired autos, Supplementary payments, Liability exclusions, Motor carriers
Read the Commercial Automobile Policy study guide
Sample questions & answers
1. A business auto policy is designed to cover:
Vehicles owned, hired, or used in the business
The business auto policy covers liability and physical damage for vehicles owned, hired, or used in the insured's business.
2. A Wisconsin commercial package policy whose only auto coverage is for non-owned vehicles:
Need not include uninsured motorist or medical payments coverage
Commercial liability policies with auto coverage limited to non-owned vehicles are exempt; if they provide UM or med pay it must meet minimum limits.
3. A Wisconsin auto policy issued to an individual may limit coverage for a repair shop using the insured’s car to:
The statutory minimum limits, and only when no other valid insurance applies
Section 632.32(5)(b) allows policies to limit coverage for motor vehicle handlers to s. 344.01(2)(d) limits and to cases with no other valid and collectible insurance.
4. On the Business Auto Coverage Form, covered-auto symbol 1 designates:
Any auto
Symbol 1 means any auto and provides the broadest description of covered autos, typically used for liability.
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Practice: Commercial 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.
