AUTO UW QUIZ 1

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Auto Underwriting Quiz

Test your knowledge on auto underwriting with our comprehensive quiz designed for professionals in the insurance industry.

This quiz consists of 10 multiple-choice questions covering key aspects of underwriting policies, deadlines, and regulations.

10 challenging questions
Instant feedback on your answers
Improve your underwriting skills

10 Questions2 MinutesCreated by EvaluatingEagle102

ARIZONA NEW BUSINESS POLICY -EFFECTIVE DATE - 1/01/2023 - The UW PERIOD for the policy is

60 days from 1/01/23

60 days from 1/01/2023

59 days from 1/01/23

60 days after 1/01/2023

All of the following would be COURTESTY LETTERS that do NOT required the policy to be placed in PENDING - EXCEPT (which ONE requires the policy to be placed in PENDING) Assume there are no other issues with the policy

Range Rover with Comp/Coll

Suspended OH DL with SR-22 Rated Valid

Suspended TEXAS DL rated Suspended

AZ Suspended DL with SR-22

TEXAS NEW BUSINESS POLICY EFFECTIVE 1/11/2023 is missing PROOF OF PRIOR INSURANCE DISCOUNT. The LAST day to remove the discount is what date?

MARCH 10th

MARCH 12th

MARCH 9th

MARCH 11th

An UNVERIFIABLE DRIVER was added to a policy by a PENDING UW in the UW period. Which ONE of the following may be the reason?

MISSING PROOF OF VALID DL - NO-HIT MVR

MISSING SIGNED NDE DURING UW PERIOD

MISSING PROOF OF VALID DL - TEXAS ID RATED VALID

MISSING PROOF OF VALID DL -AZ SUSPENDED RATED VALID

The above policy is PENDING for PROOF OF GARAGING. Which one of the below actions would the PENDING UW take?

Forward policy for UW cancellation

Issue policy, Add Non-Renew flag, update info required flag, comment poss recon with proof of garaging

Issue policy , comment policy subject to non-renew 12/17/2023, update info required flag, poss recon with proof

ISSUE policy, place back into PENDING to give NI additional time

NEW BUSINESS policy shows no chargeable accidents. You notice the above accident on the CLUE, that is is within the time limits to be chargeable. What action should be taken?

No action

PROOF OF NAF REQUEST, info required, at fault accident flag

AT FAULT ACCIDENT FLAG, NO UW REQUEST, ACCIDENT TO BE ADDED AT RENEWAL/REISSUE

ADD THE ACCIDENT SINCE WITHIN THE UW PERIOD

If already sent, Renewals may be uprated by the PENDING AUTO UW for which of the following?

MISSING POP

MISSING SIGNED NDE -DRIVERS ADDED AS UNVERIFIABLE TO RENEWAL

MISSING INTL DL, DRIVERS ADDED AS UNVERIFIABLE TO RENEWAL

MISSING PROOF OF VALID DL - TX - ID CARD RATED VALID, UPDATE DL TO ID CARD ON RENEWAL

The PENDING UW would REMOVE the INFO REQUIRED FLAG for all of the below EXCEPT for: (assume no other requests are outstanding)

No response to UW REQ- SIGNED PIP/UM/UIM REJ

MISSING NO RESPONSE TO UW REQ-SIGNED NDE - during the UW Period

NO RESPONSE TO UW REQ - MISSING PROOF OF INTL DL - AFTER THEUW PERIOD

NO RESPONSE TO UW REQ - POP AND MULTI-POL -UW PERIOD

SUSPENDED LICENSE with SR-22 is acceptable (if rated correctly) and not subject to non-renew/non-reissue in what state(s)

OHIO AND TEXAS

ARIZONA AND OHIO

TEXAS AND ARIZONA

OHIO ONLY

AUTO UW QUIZ 1

Auto Underwriting Quiz

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