Texas Property/casualty Study Guide Rated A+

Define "Bodily Injury" {Ans: Physical pain, illness, or any impairment of physical condition.}How old does an adjuster have to be to acquire a license? {Ans: An adjuster has to be 18 years of age to acquire a license.}What is the most common percentage of co-insurance? {Ans: 18%}What percent of coverage A is coverage B on an HO 3 policy? {Ans: Personal Injury Protection}Are losses in Mexico covered under a personal auto policy? {Ans: No, no losses in Mexico are covered.}List the time restraints for response and payment of claims in Texas - {Ans: 15 Days to acknowledge the claim, 15 days to review the claim, and 5 days to pay out any money owed, if that is the case. (15 / 15 / 5 - Acknowledge, Review, Pay)}