ACA FINAL EXAM LATEST 2023-2024 REAL EXAM
AND QUESTIONS AND CORRECT ANSWERS
(VERIFIED ANSWERS) |AGRADE
Jane is a Florida resident with an auto. She has PIP coverage of $10,000 with no deductible. If she is in an auto accident and has medical bills of $10,000, how much will her PIP pay?
$10,000$8,000$2,000
0 - ANSWER- 8,000
If Jane has work loss of $1000 due to the auto accident, how much will her PIP pay for work loss?
$10,000$1000$800$600 - ANSWER- 600
What if Jane's accident happened during the work day while she was driving a State Farm owned auto and Jane was out adjusting auto claims. How much would Jane's PIP pay for her medical injuries?$10,000$8,000$6,000zero - ANSWER- zero
Jane takes 5 friends to Orlando, all 5 of Jane's friends are Florida residents who own automobiles, how much of Jane's PIP coverage is available for each of the 5 friends riding with Jane in her minivan?
$10,0000$2,000$8,000 - ANSWER- 0
How much would Jane's PIP pay if the auto accident caused injuries to Jane that created $12,000 in medical bills and Jane had a $1000 PIP Deductible?
$10,000$12,000$8600$8800 - ANSWER- 8800
When is the named insured NOT entitled to PIP benefits?
Injured in Florida while a pedestrian struck by a defined motor vehicleInjured outside of Florida in their own insured Florida vehicleInjured outside of Florida while a pedestrian struck by a defined motor vehicleInjured in Florida in a 1 / 2
borrowed defined motor vehicle - ANSWER- Injured outside of Florida while a pedestrian struck by a defined motor vehicle
Which of the following is NOT one of the "thresholds" in the "No-Fault" law?
Death of the insuredThe temporary injury of the insuredA permanent loss of a bodily functionA permanent scarring on the face of an actress - ANSWER- The temporary injury of the insured
The "trigger" of the financial responsibility law is:
Carrying a gun in a personal autoBuying a second personal autoAn accident involving bodily injury or property damage rendering the vehicle inoperable or a serious violation such as DUI.All of the above - ANSWER- An accident involving bodily injury or property damage rendering the vehicle inoperable or a serious violation such as DUI.
An insured had an accident in another state that required liability limits of 25/50/25. Our insured had 10/20/10 limits. What happens if the liability he incurs exceeds 10/20/10?Our insured's license will be revoked since he did not comply with the other state's requirementsOur insured's policy will respond to the higher limit of the other stateOur insured's policy will pay up to its 10/20/10 limits and the insured will be responsible for any balanceNone of the above - ANSWER- Our insured's policy will respond to the higher limit of the other state
Your insured has purchased the minimum split limit policy that meets Financial Responsibility Law in Florida. He causes the following bodily injuries to
passengers:
Carl $12,000 Jeanne $10,000 Charlie $10,000 How much will his policy pay?
Nothing$10,000 each to all that were injured$20,000 for the total BI portion of accident$32,000 total for all injuries from Part A Liability - ANSWER- $20,000 for the total BI portion of accident
An insured has 25/50/25 limits and injured another person. The injured person won a tort claim for $30,000 against the insured and the insured's attorney charged
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