Florida Insurance Claims Adjuster License Practice Exam

The insured is an owner and is insured for PIP. She is injured in an accident and has the following damages. How much will PIP pay if there is a $1,000 deductible?

1. A. $11,200

2. B. $12,400

3. C. $9,600

4. D. $10,000

The correct answer is: D. $10,000

Pip, or personal injury protection, is a type of car insurance that helps cover medical expenses and lost wages for the insured and their passengers in case of an accident. In this question, the insured is the owner of the car and has PIP coverage. The question asks how much PIP will pay if there is a $1,000 deductible. The answer is $10,000. Option A, $11,200, is incorrect because it does not take into account the $1,000 deductible that reduces the amount PIP will pay. Option B, $12,400, is incorrect because it is the same amount as the PIP coverage without taking into account the $1,000 deductible. Option C, $9,600, is incorrect because it does not factor in the $1,000 deductible that decreases the amount PIP will pay. Therefore,