FLHSMV Insurance & Financial Responsibility 3

Question 1

Florida's no-fault PIP coverage includes a death benefit. What is the maximum death benefit payable under the minimum required PIP policy?

Accepted Answer

$5,000

Answer

Florida PIP coverage provides a death benefit of up to $5,000 as part of the $10,000 minimum policy limit.

Question 2

Under Florida law, which of the following is NOT required insurance coverage for a private passenger vehicle?

Accepted Answer

Bodily Injury Liability (BIL)

Answer

Florida does not mandate Bodily Injury Liability (BIL) coverage for most private passenger vehicle owners, though PIP and PDL are required.

Question 3

The FLHSMV's online insurance verification system allows the agency to do which of the following?

Accepted Answer

Cross-check vehicle registrations against active insurance records in real time

Answer

The FLHSMV uses an electronic insurance verification system that cross-references active vehicle registrations with insurers' records to detect coverage lapses.

Question 4

When must a vehicle owner in Florida notify the FLHSMV to avoid a registration suspension if their insurance is cancelled?

Accepted Answer

Surrender the license plate before or at the time the insurance is cancelled

Answer

To avoid suspension, a Florida vehicle owner must surrender their license plate before or at the time their insurance is cancelled, removing the obligation to maintain coverage.

Question 5

Which Florida government entity is primarily responsible for administering and enforcing the state's financial responsibility laws?

Accepted Answer

Florida Highway Safety and Motor Vehicles (FLHSMV)

Answer

The FLHSMV is the state agency responsible for administering Florida's financial responsibility laws, including license and registration suspensions for insurance lapses.

(FLHSMV) Florida Highway Safety and Motor Vehicles Practice Test

(FLHSMV) Florida Highway Safety and Motor Vehicles Practice Test

FLHSMV Insurance & Financial Responsibility 3