Ohio Insurance Laws and Regulations Practice Exam

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Prepare for the Ohio Insurance Laws Exam. Study with comprehensive materials, including flashcards and quizzes. Each question is detailed with explanations. Set yourself up for success!

Each practice test/flash card set has 50 randomly selected questions from a bank of over 500. You'll get a new set of questions each time!

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Within how many days must written notice of a claim be given after a covered loss starts?

10 days
15 days
20 days
30 days

The correct answer is: 20 days

After a covered loss starts, written notice of a claim must be given within 20 days. This allows the insurance company to promptly investigate the circumstances surrounding the loss and determine the appropriate course of action. Options A, B, and D are all incorrect because they provide shorter or longer time frames for notifying the insurance company, which could delay the claims process and potentially result in denial of coverage. It is important to familiarize oneself with the specific notice requirements outlined in their insurance policy to ensure proper and timely reporting of a loss.