Florida Personal Lines Exam Questions ACTUAL
EXAM (TESTING REAL EXAM QUESTIONS) AND
VERIFIED ANSWERS (MULTIPLE CHOICES)
|COMPLETE SOLUTIONS |A+ GRADED |100%
CORRECT!!
Save
Terms in this set (300)
Under Part A of a Personal Auto B.) Damage to a neighbor's parked car
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
,Which of the following is true C.) It provides automatic coverage on newly
regarding the Fine Arts Floater? acquired items for 90 days
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
All of the following statements are B.) Coverage D of a Homeowners Policy includes
correct about a Homeowners loss of income from an incidental business
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
Under disability income insurance, a B.) 66 2/3%
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%
,All of the following items of B.) Personal property of a guest
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
Which of the following is NOT a D.) To authorize the agent to insure risks
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
, Liability coverage provided by a B.) Damage to a private garage rented to the
Personal Auto policy would cover insured, caused by the insured's child driving a
which of the following damages? covered auto
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
Which policy provision omits C.) Exclusions
certain risks from coverage?
A.) Conditions
B.) Additional Coverages
C.) Exclusions
D.) Declarations
When an underlying policy does B.) Self-insured retention
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
EXAM (TESTING REAL EXAM QUESTIONS) AND
VERIFIED ANSWERS (MULTIPLE CHOICES)
|COMPLETE SOLUTIONS |A+ GRADED |100%
CORRECT!!
Save
Terms in this set (300)
Under Part A of a Personal Auto B.) Damage to a neighbor's parked car
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
,Which of the following is true C.) It provides automatic coverage on newly
regarding the Fine Arts Floater? acquired items for 90 days
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
All of the following statements are B.) Coverage D of a Homeowners Policy includes
correct about a Homeowners loss of income from an incidental business
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
Under disability income insurance, a B.) 66 2/3%
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%
,All of the following items of B.) Personal property of a guest
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
Which of the following is NOT a D.) To authorize the agent to insure risks
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
, Liability coverage provided by a B.) Damage to a private garage rented to the
Personal Auto policy would cover insured, caused by the insured's child driving a
which of the following damages? covered auto
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
Which policy provision omits C.) Exclusions
certain risks from coverage?
A.) Conditions
B.) Additional Coverages
C.) Exclusions
D.) Declarations
When an underlying policy does B.) Self-insured retention
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
