10 exam-style questions with answers and explanations, straight from our 1,030-question bank. Tap an answer to check yourself. When you're ready, take the scored version in the free practice test.
These 10 free TRIP questions are organized by exam domain, so you can see how each part of the Transportation Risk and Insurance Professional blueprint is tested. Reveal the answer and explanation under each question.
A logistics company arranges shipments for its customers by tendering the freight to unaffiliated motor carriers. It never takes physical possession of the goods and never issues a bill of lading in its own name. Under federal transportation law, this company is BEST classified as a:
Correct answer: B - Property broker, because it arranges for transportation by others without taking possession
A fleet is comparing a $250,000 deductible program with a $250,000 self-insured retention. Which statement describes the MOST significant practical difference under the deductible program?
Correct answer: A - The insurer generally defends and pays from the first dollar, then seeks reimbursement
A motorcoach operator runs vehicles with a seating capacity of 47 passengers in interstate commerce. Under 49 CFR Part 387, the minimum level of financial responsibility for public liability is:
Correct answer: C - $5,000,000
An owner-operator leased to a motor carrier is driving his tractor with no trailer attached to a shipper's facility, where he will pick up a load the carrier has dispatched. He causes an accident on the way. Which policy is intended to respond?
Correct answer: B - The motor carrier's liability policy, since the trip was in the carrier's business
A drayage carrier takes possession of a non-owned trailer under a written trailer interchange agreement, and the trailer is damaged while in the carrier's possession. Under the Motor Carrier Coverage Form, physical damage coverage for that trailer is designated by symbol:
Correct answer: C - 68
A manufacturer wants assurance that it will be reimbursed for the full value of its goods if they are damaged in transit, even in situations where the motor carrier is not legally liable for the loss. The manufacturer should purchase:
Correct answer: A - Shipper's interest cargo insurance
A refrigerated trailer's cooling unit fails during a long haul and the load of produce spoils. Under a typical motor truck cargo policy, this loss is MOST likely:
Correct answer: D - Excluded, unless refrigeration breakdown coverage has been added
A trucking company's umbrella policy covers a liability loss that is excluded by its underlying general liability policy. Before the umbrella responds to that loss, the insured must:
Correct answer: B - Satisfy the self-insured retention shown in the umbrella policy
An Illinois-based motor carrier opens a terminal in Ohio and obtains workers compensation coverage for its Ohio employees from the Ohio state fund. Which exposure remains unaddressed?
Correct answer: D - Employers liability protection against third-party-over actions
A conductor is injured in a rail yard while working for an interstate railroad. His remedy against his employer is governed by:
Correct answer: C - The Federal Employers' Liability Act, which requires proof of employer negligence
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