Florida Insurance Licensing Practice Exam

If the insured's incurred liability exceeds their policy limits in another state that requires higher limits, the insured's policy will respond to the higher limit of that state. Option A is incorrect because revocation of license is not directly related to exceeding policy limits. Option C is incorrect because the insured's policy will not only pay up to its 10/20/10 limits, but also the higher limit required by the other state. Option D is also incorrect because the insured's policy will still respond to the higher limit, even though it may not specifically be mentioned in the options.