Florida Personal Lines Exam | Most Recent Exam
2026 Actual Complete 300 Questions And Correct
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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 insured
D.) Damage to the home the insured owns
B.) Damage to a neighbor's parked car
,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
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 incidental 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
,If an owner-occupied home is totally destroyed without fraud by a
fire, the amount of the loss is based on:
A.) The coinsurance value
B.) The replacement value
C.) The market value
D.) The policy limit
D.) The policy limit
A false statement in the application for insurance is called a:
A.) Warranty
B.) Concealment
C.) Representation
D.) Misrepresentation
D.) Misrepresentation
When a claimant brings a negligence claim against the insured, the
court determines that the claimant is partially responsible for the
loss, and the
damages they are owed is reduced by the amount of their responsibility.
This describes which defense against negligence?
A.) Comparative negligence
B.) Contributory negligence
C.) Contributory risk
D.) Comparative risk
A.) Comparative negligence
, All of the following statements about liability are true, except:
A.) The burden of proof is on the injured party to prove that the other
party was negligent
B.) Liability policies pay costs incurred by an insured to sue
negligent third parties
C.) An insured may be liable for damages to an injured party, even if they
are not deemed negligent
D.) Breach of contract is not considered an act of negligence
B.) Liability policies pay costs incurred by an insured to sue
negligent third parties
Which of the following is incorrect with regard to commissions and
compensation?
A.) Commissions may be shared with a person who is licensed and
appointed in a different line of business
B.) An insurer and producer must keep a copy of their producer
compensation agreement for 3 years
C.) Commissions are a percentage of the first year premium, and
thereafter, a percentage of subsequent renewal premiums
D.) An agent may not share a commission with anyone who does
not have a license and appointment for the type of insurance sold
A.) Commissions may be shared with a person who is licensed and
appointed in a different line of business
2026 Actual Complete 300 Questions And Correct
Answers (Verified Answers) Already Graded A+
|Guaranteed Success!! Newest Exam | Just
Released!!
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 insured
D.) Damage to the home the insured owns
B.) Damage to a neighbor's parked car
,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
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 incidental 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
,If an owner-occupied home is totally destroyed without fraud by a
fire, the amount of the loss is based on:
A.) The coinsurance value
B.) The replacement value
C.) The market value
D.) The policy limit
D.) The policy limit
A false statement in the application for insurance is called a:
A.) Warranty
B.) Concealment
C.) Representation
D.) Misrepresentation
D.) Misrepresentation
When a claimant brings a negligence claim against the insured, the
court determines that the claimant is partially responsible for the
loss, and the
damages they are owed is reduced by the amount of their responsibility.
This describes which defense against negligence?
A.) Comparative negligence
B.) Contributory negligence
C.) Contributory risk
D.) Comparative risk
A.) Comparative negligence
, All of the following statements about liability are true, except:
A.) The burden of proof is on the injured party to prove that the other
party was negligent
B.) Liability policies pay costs incurred by an insured to sue
negligent third parties
C.) An insured may be liable for damages to an injured party, even if they
are not deemed negligent
D.) Breach of contract is not considered an act of negligence
B.) Liability policies pay costs incurred by an insured to sue
negligent third parties
Which of the following is incorrect with regard to commissions and
compensation?
A.) Commissions may be shared with a person who is licensed and
appointed in a different line of business
B.) An insurer and producer must keep a copy of their producer
compensation agreement for 3 years
C.) Commissions are a percentage of the first year premium, and
thereafter, a percentage of subsequent renewal premiums
D.) An agent may not share a commission with anyone who does
not have a license and appointment for the type of insurance sold
A.) Commissions may be shared with a person who is licensed and
appointed in a different line of business
