FLORIDA 2-20 AGENT LICENSE ACTUAL EXAM REVIEW AND NEWEST
STUDY GUIDE 2026 COVERING THE RECENT AND MOST TESTED 100
QUESTIONS AND CORRECT ANSWERS WITH CLEAR RATIONALES
1. Who may appoint a Customer Representative?
A. A surplus lines agent holding a general lines license and a surplus lines license
B. A general lines agent or a general lines insurance agency ☑
C. An adjuster
D. An insurance company
Rationale: Only a general lines agent or a general lines insurance agency can officially appoint a
Customer Representative to act on their behalf.
2. Mr. Smith lives in New Jersey but visits Florida each year. When does he come under the Florida
No-Fault system, in any 365-day period?
A. After 60 days in Florida
B. After 30 days in Florida
C. After 14 days in Florida
D. After 90 days in Florida ☑
Rationale: Florida’s No-Fault law applies to any individual residing in the state for more than 90 days in a
365-day period.
3. A Hospital Indemnity Policy covers which of the following expenses?
A. A flat amount per day for hospital room and board ☑
B. Nursing care in the insured's home
C. Medical supplies
D. Surgical fees incurred in the hospital
Rationale: Hospital indemnity policies pay a fixed daily benefit for hospitalization, not actual medical
costs.
4. Under the Garagekeepers coverage, Section III of the Garage policy, the insured suffers a single
vandalism loss to nine (9) vehicles belonging to customers. Damage is $100 per vehicle. How much will
the policy pay?
A. $500
B. $900
C. Nothing
D. $400 ☑
Rationale: The policy limit for vandalism under Section III is $400 per occurrence, regardless of the
number of vehicles damaged.
5. Bob, an accountant of XYZ, drives his own car to the bank to make a deposit for XYZ. Bob has an at-
fault accident. If XYZ carries $1,000,000 Bodily Injury/Property Damage coverage with a Symbol 2 for
covered autos, and Bob carries no insurance, how much coverage is applicable for XYZ?
A. No coverage
B. $10,000/$20,000 Bodily Injury and $10,000 Property Damage
C. $1,000,000
, D. $500,000 ☑
Rationale: Symbol 2 covers only autos owned by the insured. Since Bob’s car is not owned by XYZ, no
coverage applies.
6. Unless properly licensed, a general lines agent cannot:
A. All of these answers are correct ☑
B. Receive any money on account for any insurer or receive money to be transmitted to an insurer for a
policy, renewal, endorsement or certificate
C. Solicit insurance or procure applications for insurance
D. Directly or indirectly represent himself or herself to be an agent or receive, deliver or forward any
insurance policy within the state
Rationale: An unlicensed person cannot conduct any of these activities, as all require a proper insurance
license.
7. At the time of a loss, it is found that the covered building had been vacant for the period
of 75 consecutive days immediately preceding the loss. Which of the following perils would
not be covered?
A. All of these answers are correct
B. Windstorm
C. Fire
D. Vandalism ☑
Rationale: Most property policies exclude coverage for vandalism if the building has been
vacant for more than 60 consecutive days.
8. Homeowner's Coverage C - Personal Property covers each of the following situations
except:
A. The property of a guest anywhere in the world ☑
B. The insured's personal property while in Mexico at a secondary dwelling
C. A resident employee's contents at the insured's dwelling
D. The property of others while located at the insured's dwelling at the insured's request
Rationale: Personal property coverage typically excludes property owned by guests.
9. Under a basic Boiler and Machinery Form, with no special endorsements, which of the
following losses would be covered?
A. The insured suffers loss of income following an accident to a covered object
B. During an accident involving a covered object, a visitor on the insured's premises suffers
injuries and sued the insured
C. During testing, after some repairs, a boiler had a sudden breakdown
D. Property owned by another in the care of the insured was damaged in an accident to an
insured object, resulting in a claim by the owner of the property ☑
Rationale: Standard Boiler & Machinery coverage covers direct physical damage to property of
others caused by a covered object.
STUDY GUIDE 2026 COVERING THE RECENT AND MOST TESTED 100
QUESTIONS AND CORRECT ANSWERS WITH CLEAR RATIONALES
1. Who may appoint a Customer Representative?
A. A surplus lines agent holding a general lines license and a surplus lines license
B. A general lines agent or a general lines insurance agency ☑
C. An adjuster
D. An insurance company
Rationale: Only a general lines agent or a general lines insurance agency can officially appoint a
Customer Representative to act on their behalf.
2. Mr. Smith lives in New Jersey but visits Florida each year. When does he come under the Florida
No-Fault system, in any 365-day period?
A. After 60 days in Florida
B. After 30 days in Florida
C. After 14 days in Florida
D. After 90 days in Florida ☑
Rationale: Florida’s No-Fault law applies to any individual residing in the state for more than 90 days in a
365-day period.
3. A Hospital Indemnity Policy covers which of the following expenses?
A. A flat amount per day for hospital room and board ☑
B. Nursing care in the insured's home
C. Medical supplies
D. Surgical fees incurred in the hospital
Rationale: Hospital indemnity policies pay a fixed daily benefit for hospitalization, not actual medical
costs.
4. Under the Garagekeepers coverage, Section III of the Garage policy, the insured suffers a single
vandalism loss to nine (9) vehicles belonging to customers. Damage is $100 per vehicle. How much will
the policy pay?
A. $500
B. $900
C. Nothing
D. $400 ☑
Rationale: The policy limit for vandalism under Section III is $400 per occurrence, regardless of the
number of vehicles damaged.
5. Bob, an accountant of XYZ, drives his own car to the bank to make a deposit for XYZ. Bob has an at-
fault accident. If XYZ carries $1,000,000 Bodily Injury/Property Damage coverage with a Symbol 2 for
covered autos, and Bob carries no insurance, how much coverage is applicable for XYZ?
A. No coverage
B. $10,000/$20,000 Bodily Injury and $10,000 Property Damage
C. $1,000,000
, D. $500,000 ☑
Rationale: Symbol 2 covers only autos owned by the insured. Since Bob’s car is not owned by XYZ, no
coverage applies.
6. Unless properly licensed, a general lines agent cannot:
A. All of these answers are correct ☑
B. Receive any money on account for any insurer or receive money to be transmitted to an insurer for a
policy, renewal, endorsement or certificate
C. Solicit insurance or procure applications for insurance
D. Directly or indirectly represent himself or herself to be an agent or receive, deliver or forward any
insurance policy within the state
Rationale: An unlicensed person cannot conduct any of these activities, as all require a proper insurance
license.
7. At the time of a loss, it is found that the covered building had been vacant for the period
of 75 consecutive days immediately preceding the loss. Which of the following perils would
not be covered?
A. All of these answers are correct
B. Windstorm
C. Fire
D. Vandalism ☑
Rationale: Most property policies exclude coverage for vandalism if the building has been
vacant for more than 60 consecutive days.
8. Homeowner's Coverage C - Personal Property covers each of the following situations
except:
A. The property of a guest anywhere in the world ☑
B. The insured's personal property while in Mexico at a secondary dwelling
C. A resident employee's contents at the insured's dwelling
D. The property of others while located at the insured's dwelling at the insured's request
Rationale: Personal property coverage typically excludes property owned by guests.
9. Under a basic Boiler and Machinery Form, with no special endorsements, which of the
following losses would be covered?
A. The insured suffers loss of income following an accident to a covered object
B. During an accident involving a covered object, a visitor on the insured's premises suffers
injuries and sued the insured
C. During testing, after some repairs, a boiler had a sudden breakdown
D. Property owned by another in the care of the insured was damaged in an accident to an
insured object, resulting in a claim by the owner of the property ☑
Rationale: Standard Boiler & Machinery coverage covers direct physical damage to property of
others caused by a covered object.
