Florida Personal Lines Exam Questions
1. Under Part A of a Personal Auto Policy, which of the following losses would
be covered?
A.) Damage to property being transported by the insured
B.) Damage to a neighbor's parked car
C.) Damage to a neighbor's lawn mower in the care of the insuredD.)
D.) Damage to the home the insured owns: B.) Damage to a neighbor's parked car
, Florida Personal Lines Exam Questions
2. Which of the following is true regarding the Fine Arts Floater?
A.) Coverage is limited to the United States, Canada, and Mexico
B.) Coverage is primarily for stamps and coins
C.) It provides automatic coverage on newly acquired items for 90 days
D.) It settles losses on an ACV basis: C.) It provides automatic coverage on newly acquired
items for 90 days
3. All of the following statements are correct about a Homeowners Policy,
except:
A.) Home schooling is covered under a Homeowners Policy
B.) Coverage D of a Homeowners Policy includes loss of income from an inci-
dental business
C.) A Homeowners Policy will not cover theft of a boat away from premises
D.) Coverage D of a Homeowners Policy covers additional living expenses: B.)
Coverage D of a Homeowners Policy includes loss of income from an incidental business
4. Under disability income insurance, a monthly benefit will be ________ of the
insured's monthly income.
A.) 80 1/2%
B.) 66 2/3%
C.) 70 2/3%
D.) 50 3/4%: B.) 66 2/3%
5. All of the following items of property are considered property not covered
under Coverage C of a Homeowners policy, except:
A.) Credit cards
B.) Personal property of a guest
C.) Pets
D.) Personal property of a tenant: B.) Personal property of a guest
, Florida Personal Lines Exam Questions
6. Which of the following is NOT a purpose of licensing?
A.) For the applicant to be familiar with the Florida insurance laws
B.) To authorize and enable the licensee to actively and in good faith engage in the
insurance business as an agent
C.) To facilitate the public supervision of such activities in the public interest
D.) To authorize the agent to insure risks: D.) To authorize the agent to insure
risks
7. Liability coverage provided by a Personal Auto policy would cover which of
the following damages?
A.) Damage to property being transported by the insured in a covered auto
B.) Damage to a private garage rented to the insured, caused by the insured's
child driving a covered auto
C.) Damage to a neighbor's riding lawn mower that is in the care of the insured
D.) Damage to a storefront caused by a valet driver operating a covered auto: B.)
Damage to a private garage rented to the insured, caused by the insured's child driving a
covered auto
8. Which policy provision omits certain risks from coverage?
A.) Conditions
B.) Additional Coverages
C.) Exclusions
D.) Declarations: C.) Exclusions
9. When an underlying policy does not cover a particular loss, the insured's
Umbrella Liability policy will drop down and cover the entire loss, after
payment by the insured of a:
A.) Deductible
B.) Self-insured retention
, Florida Personal Lines Exam Questions
C.) Copayment
D.) Commission: B.) Self-insured retention
10. Liability coverage may be provided by a Homeowners policy for the
insured's use of which of the following watercraft?
A.) 20-foot sailing boat
B.) Private yacht owned by the insured
C.) Rented pontoon boat to entertain business clients
D.) Racing cruiser: A.) 20-foot sailing boat
11. An insured owns a home with a replacement cost of $300,000 and a
market value of $250,000. What is the most a valued policy will pay in the
event of a total loss without a deductible?
A.) $240,000
B.) $250,000
C.) The policy limit
D.) $300,000: C.) The policy limit
12. Policyholder J hit a deer with their Honda. J has collision coverage with a
$250 deductible and other than collision coverage with a $50 deductible. The
damage to J's car was $450. How much will the policy pay?
A.) $200
B.) Nothing
C.) $400
D.) $150: C.) $400
13. Under all the Dwelling Forms, the dwelling described in the Declarations is
covered under:
A.) Coverage A
B.) Coverage B
1. Under Part A of a Personal Auto Policy, which of the following losses would
be covered?
A.) Damage to property being transported by the insured
B.) Damage to a neighbor's parked car
C.) Damage to a neighbor's lawn mower in the care of the insuredD.)
D.) Damage to the home the insured owns: B.) Damage to a neighbor's parked car
, Florida Personal Lines Exam Questions
2. Which of the following is true regarding the Fine Arts Floater?
A.) Coverage is limited to the United States, Canada, and Mexico
B.) Coverage is primarily for stamps and coins
C.) It provides automatic coverage on newly acquired items for 90 days
D.) It settles losses on an ACV basis: C.) It provides automatic coverage on newly acquired
items for 90 days
3. All of the following statements are correct about a Homeowners Policy,
except:
A.) Home schooling is covered under a Homeowners Policy
B.) Coverage D of a Homeowners Policy includes loss of income from an inci-
dental business
C.) A Homeowners Policy will not cover theft of a boat away from premises
D.) Coverage D of a Homeowners Policy covers additional living expenses: B.)
Coverage D of a Homeowners Policy includes loss of income from an incidental business
4. Under disability income insurance, a monthly benefit will be ________ of the
insured's monthly income.
A.) 80 1/2%
B.) 66 2/3%
C.) 70 2/3%
D.) 50 3/4%: B.) 66 2/3%
5. All of the following items of property are considered property not covered
under Coverage C of a Homeowners policy, except:
A.) Credit cards
B.) Personal property of a guest
C.) Pets
D.) Personal property of a tenant: B.) Personal property of a guest
, Florida Personal Lines Exam Questions
6. Which of the following is NOT a purpose of licensing?
A.) For the applicant to be familiar with the Florida insurance laws
B.) To authorize and enable the licensee to actively and in good faith engage in the
insurance business as an agent
C.) To facilitate the public supervision of such activities in the public interest
D.) To authorize the agent to insure risks: D.) To authorize the agent to insure
risks
7. Liability coverage provided by a Personal Auto policy would cover which of
the following damages?
A.) Damage to property being transported by the insured in a covered auto
B.) Damage to a private garage rented to the insured, caused by the insured's
child driving a covered auto
C.) Damage to a neighbor's riding lawn mower that is in the care of the insured
D.) Damage to a storefront caused by a valet driver operating a covered auto: B.)
Damage to a private garage rented to the insured, caused by the insured's child driving a
covered auto
8. Which policy provision omits certain risks from coverage?
A.) Conditions
B.) Additional Coverages
C.) Exclusions
D.) Declarations: C.) Exclusions
9. When an underlying policy does not cover a particular loss, the insured's
Umbrella Liability policy will drop down and cover the entire loss, after
payment by the insured of a:
A.) Deductible
B.) Self-insured retention
, Florida Personal Lines Exam Questions
C.) Copayment
D.) Commission: B.) Self-insured retention
10. Liability coverage may be provided by a Homeowners policy for the
insured's use of which of the following watercraft?
A.) 20-foot sailing boat
B.) Private yacht owned by the insured
C.) Rented pontoon boat to entertain business clients
D.) Racing cruiser: A.) 20-foot sailing boat
11. An insured owns a home with a replacement cost of $300,000 and a
market value of $250,000. What is the most a valued policy will pay in the
event of a total loss without a deductible?
A.) $240,000
B.) $250,000
C.) The policy limit
D.) $300,000: C.) The policy limit
12. Policyholder J hit a deer with their Honda. J has collision coverage with a
$250 deductible and other than collision coverage with a $50 deductible. The
damage to J's car was $450. How much will the policy pay?
A.) $200
B.) Nothing
C.) $400
D.) $150: C.) $400
13. Under all the Dwelling Forms, the dwelling described in the Declarations is
covered under:
A.) Coverage A
B.) Coverage B
