Georgia Casualty Law

Question 1

Notice of cancellation or nonrenewal of a Worker's Compensation policy requires notice of cancellation be sent at a minimum of how many days prior to cancellation or nonrenewal date
?
A. 10 days
B. 75 days
C. 30 days
D. 45 days

Answer 1

Answer: B. 75 days

Question 2

The minimum limits required on an automobile under the State of Georgia's Financial Responsibility Law are which of the following?
A. $15,000/$30,000/$5,000
B. $25,000/$50,000/$25,000
C. $10,000/$20,000/$5,000
D. $25,000/$50,000/$10,000

Answer 2

Answer: B

Question 3

All of the following are true EXCEPT:
A. Automobile policies must allow for the spouse of a deceased insured to continue coverage for a minimum of 90 days of the insured’s death
B. A complying combined single limit policy would be $75,000
C. An insurer can require that the insured use a specific auto repair facility
D. All auto insurers in Georgia are required to collect an advance premium for the first 30 days of coverage

Answer 3

Answer: C

Question 4

All of the following are true regarding the nonrenewal of a Personal Auto Policy in this State EXCEPT:
A. The notification must contain the reason for nonrenewal
B. The insurer must notify the insured of his possible eligibility for insurance through the Georgia Automobile Insurance Plan
C. 30 days’ advance written notice must be given to the named insured
D. Nonrenewal may be based upon the insured’s age, residence location, race, creed, national origin, ancestry or marital status.

Answer 4

Answer: D

Question 5

The minimum limits for Uninsured Motorist coverage that may be written in this State are:
A. $15,000/$30,000/$5,000
B. $10,000/$20,000/$5,000
C. $25,000/$50,000/$25,000
D. $25,000/$50,ooo/$10,000

Answer 5

Answer: C

Question 6

On a Personal Auto Policy, insurers must offer a Good Student Discount of at least \_\_\_ % to those students who qualify.
A. 7 1/2
B. 5
C. 2 1/2
D. 10

Answer 6

Answer: D. 10%