OPCI - Oklahoma Property and Casualty Insurance Exam

Question 21: An Oklahoma policyholder telephones her insurer to ask how a possible claim would work, then decides not to file anything at all. At renewal the insurer proposes to raise her premium based on that call. What does Oklahoma law say about basing adverse action on such an inquiry?

Any claim contact permits a surcharge

Only written inquiries receive this protection

The inquiry alone cannot justify adverse action

The protection applies only to commercial policies

Question 22: An Oklahoma driver with a difficult record cannot find an insurer willing to write him an automobile liability policy through ordinary channels, though he is otherwise entitled to coverage. Which mechanism exists to make automobile liability coverage available to such applicants in Oklahoma?

The federal automobile reinsurance fund

The guaranty association claims fund

A mandatory self-insurance certificate

The state automobile insurance plan

Question 23: After the Insurance Commissioner approves Oklahoma's automobile insurance plan for hard-to-place drivers, an insurer that writes auto liability in the state would prefer not to take any of the assigned applicants. Under the statute, what is that insurer's obligation regarding the approved plan?

Participation in the approved plan is compulsory

Participation is voluntary for each insurer

Only the largest insurers must participate

An insurer may buy its way out

Question 24: An Oklahoma insured drives into a neighboring state whose required liability limits are higher than Oklahoma's minimums. Oklahoma requires the personal auto policy to contain an out-of-state provision addressing this. How does that provision treat the insured's limits while in the other state?

They drop to a lower minimum

They rise to the higher limits

Coverage ceases at the state line

The insured must buy a separate policy

Question 25: After an Oklahoma insured causes an accident, the insurer discovers a minor policy violation and tries to cancel the coverage as to that accident so it need not pay the injured claimant. Under the financial responsibility features Oklahoma requires, what happens to the insurer's obligation for that loss?

The insurer may rescind the coverage

The claimant must sue the insured directly

Liability is absolute once the injury occurs

Coverage voids because of the violation

Question 26: An Oklahoma applicant tells his agent during the phone application that he does not want uninsured motorist coverage. The agent notes it in the file but no form is signed. Given how Oklahoma treats a decision to forgo uninsured motorist coverage, is that decision effective?

Yes, the agent's note is enough

Yes, once the premium excludes it

No, unless two agents witness it

No, the rejection must be in writing

Question 27: An Oklahoma insured signed a written rejection of uninsured motorist coverage when the policy was first issued, and the policy has since renewed several times with the same insurer. The insured asks whether he must sign a new rejection at each renewal. What does Oklahoma law provide?

The rejection persists through renewals

A new rejection is needed each renewal

The rejection expires after one year

Coverage automatically returns at renewal

Question 28: An Oklahoma insured is injured while occupying a second vehicle he owns but which he chose not to insure, and he tries to claim under the uninsured motorist coverage on his insured car. Which principle typically governs uninsured motorist coverage while occupying an owned but uninsured vehicle?

Coverage extends to every owned vehicle

It is excluded for that vehicle

Coverage applies only to leased vehicles

Coverage doubles for a second owned vehicle

Question 29: An eligible Oklahoma motorist voluntarily completes an approved motor vehicle accident prevention course and asks what benefit Oklahoma law directs the insurer to provide as a result. Which of the following describes the benefit tied to completing such an approved course?

A waiver of every deductible

An automatic increase in coverage limits

A reduction in automobile premium charges

Immunity from any future rate increase

Question 30: An Oklahoma driver completes a defensive driving course, but he attended it only because a court ordered it in connection with a moving violation. He now expects the accident prevention premium discount. Under Oklahoma law, is he entitled to the discount for that course?

Yes, any completed course earns the discount

Yes, once he shows a completion certificate

No, unless the violation was his first

No, a court-ordered course earns no discount

Question 31: An Oklahoma homeowner's personal residential policy has been in force for several months when the insured files a single claim, and the insurer moves to cancel solely because of that first claim. Under Oklahoma law protecting personal residential policyholders, how is that first claim treated?

Barred solely for a first claim

A first claim always permits cancellation

Only weather claims receive this protection

The protection applies only to auto policies

Question 32: An Oklahoma insured is at fault in a collision and injures another motorist and damages that motorist's car. The insured asks which part of the personal automobile policy responds to what he now owes the other driver. Which coverage pays those third-party bodily injury and property damage claims?

Collision coverage

Liability coverage

Medical payments coverage

Comprehensive coverage

Question 33: An Oklahoma insured's parked car is dented when a windstorm blows a tree limb onto it, and separately she wants to know which coverage would pay if she instead struck another vehicle. Which coverage pays for the wind-driven falling-object damage to her own car?

Collision coverage

Liability coverage

Comprehensive coverage

Uninsured motorist coverage

Question 34: An Oklahoma insured and her passenger are both hurt in an accident, and the insured wants a coverage that will pay their reasonable medical expenses promptly regardless of who was at fault. Which part of the personal automobile policy is designed to pay those medical expenses on that basis?

Property damage liability coverage

Comprehensive coverage

Uninsured motorist property damage

Medical payments coverage

Question 35: After a serious violation, an Oklahoma driver is told he must file a form through his insurer certifying to the state that he carries the required liability coverage, or lose his driving privilege. Which of the following best describes the purpose of that filing?

It proves financial responsibility to the state

It transfers his liability to the state

It exempts him from carrying insurance

It converts his policy to commercial coverage

Question 36: An Oklahoma insured chooses to keep uninsured motorist coverage but wants only the least amount the state allows on that coverage. The insurer explains the lowest uninsured motorist limits available. Which figures represent the minimum uninsured motorist limits in Oklahoma?

Ten, twenty thousand

Twenty-five, fifty thousand

Fifty, one hundred thousand

Fifteen, thirty thousand

Question 37: An Oklahoma producer writes a commercial automobile liability policy covering motor trucks for a company whose truck-operating employees are already covered by workers' compensation on the policy's effective date. Regarding the uninsured motorist offer, how does Oklahoma law treat this particular commercial trucking policy?

Double uninsured motorist limits are required

Uninsured motorist coverage must be mandatory

The offer requirement does not apply

The policy cannot be written at all

Question 38: An Oklahoma named insured's resident teenage daughter, listed on the household policy, borrows a friend's car with permission and is involved in an accident. Personal automobile policies extend coverage to family members in this situation through which of the following broad categories of insured?

Only the vehicle listed on the declarations

Only drivers who own their own vehicles

Only commercially employed drivers

The named insured and resident family members

Question 39: An Oklahoma driver is stopped and cannot show any valid security for the vehicle, and the officer confirms there is no coverage in force. Beyond any fine, which additional consequence does Oklahoma's compulsory insurance law attach to operating a vehicle without the required security?

Suspension of the driving privilege

Permanent loss of vehicle title

Mandatory community service only

Automatic increase of state minimum limits

Question 40: An Oklahoma officer stops a driver who cannot find a paper insurance card, but the officer checks the state's online insurance verification system and it confirms the vehicle is currently insured. Under Oklahoma law, what is the effect of that online confirmation on the compulsory insurance violation?

A citation issues at half fine

There is no violation and no citation

The driver must still appear in court

The vehicle is impounded pending proof

OPCI Oklahoma Property and Casualty Insurance Exam - Set 2 - Part 2

Question 21: An Oklahoma policyholder telephones her insurer to ask how a possible claim would work, then decides not to file anything at all. At renewal the insurer proposes to raise her premium based on that call. What does Oklahoma law say about basing adverse action on such an inquiry?

Question 26: An Oklahoma applicant tells his agent during the phone application that he does not want uninsured motorist coverage. The agent notes it in the file but no form is signed. Given how Oklahoma treats a decision to forgo uninsured motorist coverage, is that decision effective?

Question 27: An Oklahoma insured signed a written rejection of uninsured motorist coverage when the policy was first issued, and the policy has since renewed several times with the same insurer. The insured asks whether he must sign a new rejection at each renewal. What does Oklahoma law provide?

Question 29: An eligible Oklahoma motorist voluntarily completes an approved motor vehicle accident prevention course and asks what benefit Oklahoma law directs the insurer to provide as a result. Which of the following describes the benefit tied to completing such an approved course?

Question 30: An Oklahoma driver completes a defensive driving course, but he attended it only because a court ordered it in connection with a moving violation. He now expects the accident prevention premium discount. Under Oklahoma law, is he entitled to the discount for that course?

Question 33: An Oklahoma insured's parked car is dented when a windstorm blows a tree limb onto it, and separately she wants to know which coverage would pay if she instead struck another vehicle. Which coverage pays for the wind-driven falling-object damage to her own car?

Question 35: After a serious violation, an Oklahoma driver is told he must file a form through his insurer certifying to the state that he carries the required liability coverage, or lose his driving privilege. Which of the following best describes the purpose of that filing?

Question 36: An Oklahoma insured chooses to keep uninsured motorist coverage but wants only the least amount the state allows on that coverage. The insurer explains the lowest uninsured motorist limits available. Which figures represent the minimum uninsured motorist limits in Oklahoma?

Question 39: An Oklahoma driver is stopped and cannot show any valid security for the vehicle, and the officer confirms there is no coverage in force. Beyond any fine, which additional consequence does Oklahoma's compulsory insurance law attach to operating a vehicle without the required security?

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