Exam topics

Property, casualty, contract, and Texas-specific concepts in the published outline.

Showing 61–70 of 280 articles · Page 7 of 28

Drive Other Car Coverage endorsementDrive Other Car Coverage is a commercial-auto endorsement used to extend selected protections to a specifically identified individual—often an executi…
Replacement cost vs. market value in property insuranceReplacement cost is the current cost to repair or rebuild insured property with materials of similar kind and quality, without subtracting depreciatio…
Individual Named Insured endorsementAn Individual Named Insured endorsement modifies an auto policy so an identified individual is treated as the named insured under the terms of that en…
Basic, Broad, and Special causes of loss formsBasic and Broad commercial property causes of loss forms generally cover direct physical loss caused by specified named perils; the Broad form usually…
Garagekeepers coverage for customers’ autosGaragekeepers coverage can insure customers’ autos left with a garage business for repair, storage, or similar work. It may use legal-liability or dir…
Auto dealers coverage under a garage policyAuto dealers coverage addresses several different risks created by selling, servicing, storing, and demonstrating vehicles. A garage policy can combin…
Building and business personal property coverageCommercial property insurance separates buildings from business personal property (BPP), such as a business’s furniture, machinery, equipment, stock, …
Texas Automobile Insurance Plan Association (TAIPA)The Texas Automobile Insurance Plan Association (TAIPA) is an assigned-risk mechanism for eligible Texas drivers who have difficulty obtaining require…
Other structures coverage in homeowners insuranceOther structures coverage generally protects qualifying structures on the insured residence premises that are separated from the dwelling by clear spa…
Period of restoration in business income coverageThe period of restoration is the policy-defined time span used to measure business income loss after covered direct physical damage interrupts operati…