Florida Insurance Licensing Practice Exam

Which vehicle would NOT be insured with a business auto policy?

1. Autos used for business related purposes on a regular basis

2. Autos weighing 12,000 lbs. gross vehicle weight

3. Autos titled in the name of a corporation or other business interest

4. All of the above would qualify for a business auto policy

The correct answer is: All of the above would qualify for a business auto policy

A Insuring autos used for business purposes on a regular basis is one of the main objectives of a business auto policy so this option would be incorrect. B: Autos weighing 12,000 lbs. gross vehicle weight would in fact be insured under a business auto policy, therefore this option is incorrect. C: Autos titled in the name of a corporation or other business interest would also typically qualify for a business auto policy, making this option incorrect. Overall, option D is incorrect because all of the other options would actually be insured under a business auto policy. This highlights the importance of carefully understanding the terms and coverage of an insurance policy before making assumptions or decisions about coverage.