The year Erie Insurance was formed
A. 1215
B. 1974
C. 1925
D. 1968
What is C, 1925
100
What are the current state minimum auto liability limits for Ohio.
A. 12,500K/25K/7.5K
B. 25/50/25
C. 50/100/25
D. 100/300/100
B 25/50/25
100
What does CGL stand for?
Commercial General Liability
100
What is a contract and legal document which establishes the terms of agreement between the insured and insured.
A. Loss Ratio
B. Indemnity
C. Insurance Policy
D. Tort Feasor
C. Insurance Policy
200
How many children does Brad have?
A. 6
B. 2
C. 3
D. 1
What is 3 (Ryan, Alex & Reagan)
200
The name of Erie's Business Owner Policy (BOP)
A. Erie Delight
B. Ultra Pack Plus
C. Erie Secure Home
D. Erie Family Life
What is B. Ultra Pack Plus
200
On a Personal Auto Policy in the state of Ohio, a deductible applies to:
A. Liability & Collision
B. Uninsured Motorist Property Damage
C. Medical Payments
D. Towing
B Uninsured Motorist Property Damage
200
Does a CGL policy provide coverage for Business Personal Property? (Yes or No)
No
200
What is professional liability coverage that protects the insured against liability for committing and error or omission in performance of professional duties.
A. Bond
B. Comparative Negligence
C. Endorsement
D. Errors & Omissions
D. Errors & Omissions
300
Where did Brad go to College/University?
A. Antioch College
B. The Ohio State University
C. Bowling Green University
D. Miami University of Ohio
What is D Miami University of Ohio
300
What is the unique part of Erie's Homeowner Product
A. Guaranteed Replacement Cost Settlement for Dwelling
B. Replacement Cost Settlement for Dwelling
C. Med Pay
D. Other Structures
What is A, Guaranteed Replacement Cost Settlement
300
A Personal Auto Policy provides coverage in any US state but not:
A: Canada
B. Mexico
C. Guam
D. Alaska
B. Mexico
300
This is a generalized insurance term for insurance with losses caused by injury to persons and legal liability imposed upon the insured for such injury or damage to property of others.
A. Casualty Insurance
B. Inland Marine Insurance
C. Employers Liability Coverage
D. Property Insurance
A. Casualty Insurance
300
In property insurance, what is a clause under which the insured shares in losses to the extent that the insured is underinsured at the time of loss.
A. Deductible
B. Co-Insurance
C. Actual Cash Value
D. Loss Ratio
B Co-Insurance
400
Brad's Favorite Rock Power Trio
A. Cream
B. Emerson, Lake, & Palmer
C. Blue Cheer
D. Rush
What is Rush
400
A proprietary endorsement for Erie's Auto Policy which locks in your premium year after year.
A. Towing
B. Comprehensive
C. Collision
D. Rate Protection Endorsement
What is D, Rate Protection Endorsement
400
Your car is stolen. Which type of coverage pays for your damage?
A. Collision
B. Other than Collision (Comprehensive)
C. Medical Payments
D. Uninsured Property Damage
B. Other than Collision (Comprehensive)
400
A type of commercial package policy designed for primarily small businesses. Combines Business Property and Business liability. Does not include business auto.
A. Business Owners' Policy (BOP)
B. Boiler & Machinery Policy
C. Compulsory Insurance
D. Tort Feasor
What is A, Business Owners Policy (BOP)
400
What is the cost to replace a property item at the time of loss, less an allowance for depreciation. Often used to determine amount of reimbursement for a loss (replacement cost minus depreciation)
A. Actual Cash Value
B. Appraisal
C. Warranty
D. Surety
A. Actual Cash Value
500
The year Brad started his insurance agency.
What is 2009
500
Where is Erie Insurance Company's Headquarters
A. Ulaanbaatar, Mongolia
B. Achill Island, Ireland
C. Katmandu, Nepal
D. Erie, PA
What is D, Erie Pennsylvania
500
Common Law doctrine which applies to auto insurance in Ohio. This dictates that an individual must be 51% or more at fault in order to be held liable for damages. Meaning that if both parties are equally at fault (50/50), each pays for half of the other's damages.
A. Pure Comparative Negligence
B. Modified Comparative Negligence - 51% Bar Rule
C. Pure Contributory Negligence
D. Modified Comparative Negligence - 50% Bar Rule
What is B Modified Comparative -51% Bar Rule
500
Insurance that covers the insured against loss (liability and physical damage) arising out of the use of steam boilers or other machinery. May be written as a separate policy or as part of a commercial package policy.
A. Personal Auto Policy
B. Condo Insurance
C. Boiler & Machinery Policy
D. Deductible
What is C Boiler & Machinery Policy
500
What word defines the concept of restoring a policyholder to the same financial condition prior to the loss, but not to profit from the loss. Also known as to "make whole"
A. Indemnification
B. Floater
C. Endorsement
D. Tort Feasor