Florida Insurance Licensing Practice Exam

Which of the following is true concerning the extended PIP endorsement?

1. Medical expense reimbursement is raised from 60% to 100%

2. Medical expense reimbursement is raised from 60% to 80%

3. Medical expense reimbursement is raised from 60% to 70%

4. Medical expense reimbursement is raised from 80% to 100%

The correct answer is: Medical expense reimbursement is raised from 80% to 100%

The extended PIP endorsement is an optional coverage for auto insurance policies that increases the amount of medical expense reimbursement coverage from 80% to 100%. This means that if the insured is involved in an accident, their auto insurance will cover 100% of their medical expenses, rather than the standard 80%. The other options are incorrect because they either decrease the coverage (B and C) or keep it the same (A).