Marianela,
Thanks for your feedback and congratulations on passing the exam on your first attempt!
Jan
Your answer : 19000
Please compare your answer to the correct answer:
$10,400
The Question:
Pete has a Personal Auto Policy with basic PIP. Pete is driving his car and Pete takes his son, Jim and his and son’s friend, Joe, on a trip to Texas. Pete is involved in an auto accident. Pete suffers $8,000 in injuries, Jim suffers $5,000 in injuries, and Joe suffers $6,000 in injuries. How much will Pete's PIP pay for all injuries
PIP doesn't cover injuries to the 100%.
I will recomend you to read about how pip coverage covers for injuries for household members and no household members out of state.
In this case PIP won't cover for Joe.
so it is:
Pete = $8000 x 80%
Jim $5000 x 80%
and Joe $6000 x 0 ( no covered under FL pip law)
Pete $6400 and Jim $4000, Joe $0 = $10,400.
David - You are absolutely right! Good job - Jan
Thank you David, I well explained. Great!
Estella,
Pete and his son are covered under Pete's policy for PIP. Pete's medical expenses are $8000 X 80% = $6400 and his son's medical expense is $5000 X 80% = $4000.
$10,400 + $4000 = $10,400
Jan
Marianela:thanks for the head up! and congratulations!!. I am going to schedule mine probably for next week. I am nervous as well, and how did you do with the time? did you have enough time to answer all the questions?
thanks!!. did you use the flashcards ? what else did you used to help you out before going to test?
Thanks for everything!! . Let's see how it goes.
Just to clarify...the only statutes on the state exam are in the state manual.
Jan
Joana,
Good question! You should focus on the statutes that are discussed in the online training materials. Many of the statutes deal with the same issues as they apply to various segments of the insurance industry. The online materials summarize and emphasize the statutes known to be on the state exam in the past.
Jan
The Florida Statutes section is the last unit in all of the P&C courses. The number of units vary with each course, but it is always the last section.
Jan
Thanks Marianela. This is good advice for students who are preparing for the state exam.
Jan
Thanks for the tips. ;o)