FLORIDA PERSONAL LINES 300 EXAM QUESTIONS AND
ANSWERS UPDATED 2026 COURSE VERIFIED QUESTIONS AND
ANSWERS ACTUAL UPDATED REAL EXAM QUESTIONS GRADED
A+
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:
A.) Coverage A
B.) Coverage B
C.) Coverage E
, D.) Coverage C - CORRECT ANSWER -A.) Coverage A
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 - CORRECT ANSWER -D.) The policy limit
A false statement in the application for insurance is called a:
A.) Warranty
B.) Concealment
C.) Representation
D.) Misrepresentation - CORRECT ANSWER -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 - CORRECT ANSWER -A.) Comparative negligence
ANSWERS UPDATED 2026 COURSE VERIFIED QUESTIONS AND
ANSWERS ACTUAL UPDATED REAL EXAM QUESTIONS GRADED
A+
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:
A.) Coverage A
B.) Coverage B
C.) Coverage E
, D.) Coverage C - CORRECT ANSWER -A.) Coverage A
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 - CORRECT ANSWER -D.) The policy limit
A false statement in the application for insurance is called a:
A.) Warranty
B.) Concealment
C.) Representation
D.) Misrepresentation - CORRECT ANSWER -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 - CORRECT ANSWER -A.) Comparative negligence
