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Chapter 7 Quiz
This quiz will test your knowledge on the material presented. Some questions may also test your knowledge on material not yet presented.
Martha purchased a new microwave to be used by customers for the debut of her self-serve restaurant. Martha carried commercial general liability insurance for her restaurant. One of the customers, Brian, used the microwave to heat his meal and the defective microwave oven exploded and glass from the microwave cut Brian in the face. Which of the following damages would be covered under the commercial general liability policy?
Damage to the microwave
Emotional distress of witnesses to Brian’s injuries
The electrical wiring in the restaurant
The Commercial building owned by Cross Bros. Inc. leased space to retail shops. Cross Bros. Inc. carried Commercial Glass Coverage on the building. If today is March 15, 2012, at which date will the coverage become suspended because of consecutive days of vacancy?
March 30, 2012
April 15, 2012
May 15, 2012
June 15, 2012
Under "insured contracts", as defined in a commercial general liability policy, all of the following is included, EXCEPT:
Union employment agreement
Elevator maintenance agreement
Lease of premises agreement
On September 1, 2012 all of the businesses moved out of the outlet and the spaces have been vacant since that time. During the time of the vacancy the owner had a loss and tried to file a claim. He thought that he had a year to file the claim, but he discovered that on ___ the Commercial Glass Coverage was suspended because of the vacancy.
December 31, 2012
September 30, 2012
January 1, 2013
October 31, 2012
The businessman opened a company that made clothing using natural plant materials. The owner signed a Commercial Building and Personal Property form that covered "business personal property." The owner had machinery, furniture, stock, and his personal motor scooter in his place of business. Two months after operation, the roof collapsed from the weight of snow and everything in the building was destroyed. What item is not covered by the policy?
Based on the lines of coverage included, which section of the Commercial Package Policy varies?
Common policy conditions
Common policy declarations
Moe’s Used Trucks has purchased a garage policy with dealers physical damage on the trucks owned by the dealership at its location. Moe goes to a vehicle auction 200 miles away, and drives back the trucks he bought. Which endorsement, if any, is necessary to cover this exposure?
Non owned auto coverage.
Driver other car coverage.
Dealers drive away collision.
Hired auto specified as covered autos you own
The symbol for hired auto in a commercial automobile policy is ___.
This is not covered under the comprehensive coverage of a business auto policy.
Electrical wiring in the vehicle catches fire when the ignition is turned on.
All four tires are removed and a truck is put on blocks while it is parked over the weekend, even though there is no evidence of forcible entry into the company parking lot.
A vehicle has its tires slashed by an undetermined person.
After sliding on icy pavement, a driver hits a guardrail.
What symbol or symbols are used to cover hired and non-owned vehicles under the commercial auto policy?
Symbols 8 and 9
Symbols 4 and 5
Symbols 3 and 4
Each of the following would qualify as a "trucker" under the trucker's policy, except:
Smith's, Inc., a department store using its own trucks to deliver merchandise
Jack Trucking, a firm operating only in State B, It hauls goods for the public over set routes at set fees
Fallon Freight, a firm under contract with a quarry to haul gravel
Blackwell Transport, a company operating in States A and B over a set route for set fees and hauling goods for the public at large
Which of the following would the commercial auto policy cover?
Mobile equipment not subject to compulsory auto financial responsibility
Unlicensed three wheeler
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