FLORIDA PERSONAL LINES 300 EXAM QUESTIONS AND
ANSWERS UPDATED 2026 VERIFIED QUESTIONS AND
ANSWERS ACTUAL UPDATED REAL EXAM QUESTIONS
GRADED A+
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 - CORRECT ANSWER -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 - CORRECT ANSWER -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 -
CORRECT ANSWER -B.) Coverage D of a Homeowners Policy includes
loss of income from an incidental business
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% - CORRECT ANSWER -B.) 66 2/3%
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 - CORRECT ANSWER -B.) Personal
property of a guest
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 - CORRECT ANSWER -D.) To
authorize the agent to insure risks
,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 -
CORRECT ANSWER -B.) Damage to a private garage rented to the
insured, caused by the insured's child driving a covered auto
Which policy provision omits certain risks from coverage?
A.) Conditions
B.) Additional Coverages
C.) Exclusions
D.) Declarations - CORRECT ANSWER -C.) Exclusions
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
C.) Copayment
D.) Commission - CORRECT ANSWER -B.) Self-insured retention
, 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 - CORRECT ANSWER -A.) 20-foot sailing boat
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 - CORRECT ANSWER -C.) The policy limit
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 - CORRECT ANSWER -C.) $400
Under all the Dwelling Forms, the dwelling described in the Declarations is
covered under:
ANSWERS UPDATED 2026 VERIFIED QUESTIONS AND
ANSWERS ACTUAL UPDATED REAL EXAM QUESTIONS
GRADED A+
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 - CORRECT ANSWER -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 - CORRECT ANSWER -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 -
CORRECT ANSWER -B.) Coverage D of a Homeowners Policy includes
loss of income from an incidental business
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% - CORRECT ANSWER -B.) 66 2/3%
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 - CORRECT ANSWER -B.) Personal
property of a guest
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 - CORRECT ANSWER -D.) To
authorize the agent to insure risks
,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 -
CORRECT ANSWER -B.) Damage to a private garage rented to the
insured, caused by the insured's child driving a covered auto
Which policy provision omits certain risks from coverage?
A.) Conditions
B.) Additional Coverages
C.) Exclusions
D.) Declarations - CORRECT ANSWER -C.) Exclusions
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
C.) Copayment
D.) Commission - CORRECT ANSWER -B.) Self-insured retention
, 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 - CORRECT ANSWER -A.) 20-foot sailing boat
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 - CORRECT ANSWER -C.) The policy limit
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 - CORRECT ANSWER -C.) $400
Under all the Dwelling Forms, the dwelling described in the Declarations is
covered under:
