Under current Ohio law, is a personal auto insurer required to offer uninsured motorist (UM) or underinsured motorist (UIM) coverage to an applicant?
A. No, offering UM/UIM coverage is optional for the insurer since S.B. 97 amended the statute effective October 31, 2001
B. Yes, every personal auto policy must include UM/UIM coverage unless the state insurance director grants a waiver
C. Yes, but only for policies with liability limits above the state minimum of 25/50/25
D. No, UM/UIM coverage was abolished entirely in Ohio and may not be sold on any personal auto policy
Source: Ohio Rev. Code 3937.18(A) (as amended by S.B. 97, eff. 10/31/2001)
Before S.B. 97 took effect on October 31, 2001, how did Ohio courts historically treat UM/UIM coverage when a policy was silent on the subject?
A. Coverage was denied automatically absent an express written offer from the insurer
B. Ohio law had, as a matter of law, implied UM/UIM coverage into policies where none was properly rejected, a result S.B. 97 was intended to eliminate
C. The Ohio Department of Insurance retroactively added the coverage to the policy for a prorated additional premium
D. Silence was treated as an automatic waiver enforceable against the insured without judicial review
Source: Ohio Rev. Code 3937.18 (S.B. 97 uncodified law/legislative intent, eff. 10/31/2001)
Under ORC 3937.18(F), a policy that includes UM/UIM coverage may include terms and conditions precluding stacking of that coverage under what condition?
A. Only if the insured pays an additional stacking-waiver premium at each renewal
B. Only if the named insured has fewer than three vehicles listed on the declarations page
C. Without regard to any premiums involved, meaning the anti-stacking terms are valid regardless of how premium was charged for the coverage
D. Only for policies with combined single limits below $100,000
Source: Ohio Rev. Code 3937.18(F)
As defined in ORC 3937.18(F), 'intrafamily stacking' refers to the aggregating of UM/UIM coverage limits by:
A. Two or more persons who are not members of the same household
B. A single insured combining limits from two unrelated policies with different insurers
C. An employer aggregating limits across a commercial fleet policy
D. The same person or two or more family members of the same household
Source: Ohio Rev. Code 3937.18(F)
Under ORC 3937.182, what type of damages may NOT be covered by an Ohio automobile or motor vehicle insurance policy, including UM/UIM coverage?
A. Punitive or exemplary damages
B. Compensatory medical expense damages
C. Property damage repair costs
D. Lost wages resulting from the accident
Source: Ohio Rev. Code 3937.182
