Personal Lines exam topics

Home, auto, liability, policy language, and Texas rules tested on this exam.

Showing 331 to 340 of 352 articles · Page 34 of 36

Insurance Defamation as an Unfair Trade PracticeTexas Insurance Code §541.053 treats specified statements about an insurer’s financial condition as an unfair insurance practice when they are false, …
Flood Damage to a Car: Flood Policy or Comprehensive Auto?Flood damage to a covered car is usually handled under the auto policy’s comprehensive or other-than-collision coverage, subject to its deductible and…
Windshield and Glass Damage Under Auto InsuranceWindshield damage is commonly handled under comprehensive or other-than-collision coverage when caused by a covered noncollision event, subject to the…
Original Equipment vs. Aftermarket Parts in an Auto ClaimOEM parts are made by or for the vehicle manufacturer; aftermarket parts are made by other suppliers, and recycled parts are used components. Texas la…
Insurance Policy Effective Date vs. Issue DateThe effective date is when an insurance policy's stated coverage period begins. The issue date is when the insurer prepares or formally issues the doc…
Insurance Risk Avoidance, Reduction, Retention, and TransferAvoidance removes an activity or exposure; reduction lowers the chance or severity of loss; retention leaves the financial consequence with you; and t…
Adverse Selection in Personal Lines InsuranceAdverse selection occurs when people who expect more losses are more inclined to buy or expand insurance than lower-risk people, while the insurer can…
Diminished Value After an Auto Accident in TexasIn Texas, a driver may seek provable post-repair market-value loss from an at-fault driver’s liability insurer, subject to fault, causation, and evide…
When Does an Auto Insurer Total a Car in Texas?Texas does not give every auto insurer one universal repair-cost percentage that automatically totals every car. Insurers compare a covered vehicle’s …
File an Auto Claim With Your Insurer or the Other Driver's?You can report a crash to your own insurer and, when another driver may be responsible, make a separate third-party claim with that driver’s insurer. …