Florida Insurance Claims Adjuster License Practice Exam

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Which is the largest limit available for commercial vehicles in the residual market?

  1. A. Any higher limits required by any law

  2. B. 100/300/50

  3. C. 250/500/250

  4. D. 250/500/100

The correct answer is: A. Any higher limits required by any law

In the commercial vehicle market, there are several limit options available for insurance coverage. Option B, 100/300/50, represents a limit of $100,000 for bodily injury coverage per person, $300,000 for bodily injury coverage per accident, and $50,000 for property damage coverage. Option C, 250/500/250, represents a limit of $250,000 for bodily injury coverage per person, $500,000 for bodily injury coverage per accident, and $250,000 for property damage coverage. Option D, 250/500/100, represents a limit of $250,000 for bodily injury coverage per person, $500,000 for bodily injury coverage per accident, and $100,000 for property damage coverage. However, the largest limit available for commercial vehicles in the residual market is any higher limits required by law, as stated in option

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