OPCI Oklahoma Property and Casualty Insurance Exam - Set 2 - Part 3

Test your knowledge of technical writing concepts with these practice questions. Each question includes detailed explanations to help you understand the correct answers.

Question 41: An Oklahoma agent explains the meaning of the three numbers in a split-limit auto policy to a new client, using the state minimums as the example. In the notation twenty-five, fifty, twenty-five, what does the middle number, fifty thousand, represent?

The most for one person's injuries

The property damage limit per accident

Total bodily injury per accident

The deductible the insured must pay

Question 42: An Oklahoma insured is paid by his own uninsured motorist coverage after being injured by an at-fault uninsured driver. The insured then wonders whether his insurer may pursue the at-fault driver to recover what it paid. Which principle allows the insurer to do so?

Coinsurance

Contribution

Salvage

Subrogation

Question 43: An Oklahoma insured, angry after a dispute, deliberately drives his covered auto into another person's parked car to damage it. He then files a claim expecting his policy to pay for the harm he intentionally caused. How does the personal automobile policy respond to intentionally caused damage?

It excludes intentional loss

It pays but adds a surcharge

It pays only the property damage

It pays after a waiting period

Question 44: An Oklahoma insured's covered car is in the shop for repairs, so she drives a loaner provided by the garage while hers is being fixed. She wonders whether her personal auto liability coverage follows her into that borrowed car. Personal auto policies typically treat such a vehicle as which of the following?

An excluded nonowned vehicle

A temporary substitute covered vehicle

A permanently added vehicle

A commercial fleet vehicle

Question 45: An Oklahoma resident who owns no vehicle of his own still drives borrowed and rented cars regularly and wants liability protection that follows him as a driver rather than attaching to a specific car. Which type of motor vehicle liability policy is designed for this driver?

An owner's policy

A garage policy

An operator's policy

A commercial fleet policy

Question 46: An Oklahoma driver receives a ticket for exceeding a newly lowered speed limit, though his speed did not exceed the limit that had been in force at that location before the change. His insurer wants to surcharge him for the ticket. What does Oklahoma law provide about using such a ticket?

It may surcharge any speeding ticket

It applies only after two tickets

The insured must contest the ticket first

It may not raise rates

Question 47: An Oklahoma insured with high uninsured and underinsured limits is hurt by an at-fault driver whose liability limits are lower than the insured's damages but higher than the insured's own underinsured limits. Under Oklahoma's underinsured test, what determines whether the other driver is underinsured?

Whether his limits trail the claim

Whether below the insured's own limits

Whether he carries any collision coverage

Whether the insured was partly at fault

Question 48: An Oklahoma insured's covered automobile is stolen from a Tulsa parking garage and never recovered. He asks which coverage on his personal automobile policy would respond to the loss of the vehicle by theft. Which coverage pays for a stolen covered auto?

Liability coverage

Comprehensive coverage

Medical payments coverage

Uninsured motorist coverage

Question 49: An Oklahoma insured, his resident spouse, and a passenger are all injured when an uninsured driver runs a red light and strikes the insured's covered car. The insured asks who among them his uninsured motorist coverage is designed to protect for their bodily injuries. Which group does it cover?

Only the named insured personally

Only occupants who are strangers

The insured, resident family, and occupants

Only the at-fault uninsured driver

Question 50: An Oklahoma insured rents a car for a week while on vacation and wonders whether his personal automobile liability coverage will apply while he drives the rental, since it is not his own vehicle. Under a typical personal auto policy, how does liability coverage generally treat such use?

It excludes all but the owned auto

It applies only to titled vehicles

It requires a separate commercial policy

It follows the insured into rentals

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