VA P&C EXAM REVIEW QUESTIONS
WITH ACCURATE SOLUTIONS 2026
▶ Under Equipment Breakdown Protection insurance, which of the
following is considered one breakdown?
A
The first accident, when there is more than one accident causing a loss
B
All breakdowns occurring at the same time that are the direct result of the
same cause
C
All breakdowns that occur within 48 hours after the first instance of
breakdown
D
The last accident, when there is more than one accident causing a loss.
Answer: All breakdowns occurring at the same time that are the direct
result of the same cause
▶ All of the following are covered under a Homeowners policy, except:
A
Property of guests and domestic employees, when requested by the
insured
B
Equipment that is used to maintain the property
C
All living expenses incurred when a dwelling becomes uninhabitable after a
covered loss
D
Vandalism to a dwelling that has been vacant for 30 days. Answer: All
living expenses incurred when a dwelling becomes uninhabitable after a
covered loss
▶ Virginia's Amendment of Policy Provisions endorsement for personal
auto policies adds which of the following coverages?
, A
Prejudgement interest
B
Personal Injury Protection
C
Medical Payments
D
Rental Reimbursement. Answer: Prejudgement interest
▶ Under the Dwelling Program, Special Form (DP-3) dwelling coverage:
A
Is limited by the named exclusions
B
Includes coverage for catastrophic perils
C
Provides coverage against scheduled risks
D
Provides coverage against named perils. Answer: Is limited by the named
exclusions
▶ The purpose of a Workers' Compensation Assigned Risk Plan is to:
A
Compete with private insurers to place Workers' Compensation insurance
in the voluntary market
B
Write Workers' Compensation coverage for employers who are unable to
purchase coverage in the voluntary market
C
Be the exclusive provider of Workers' Compensation insurance in
monopolistic states
D
Provide coverage for employees who are otherwise exempt from receiving
Workers' Compensation benefits. Answer: Write Workers' Compensation
coverage for employers who are unable to purchase coverage in the
voluntary market
WITH ACCURATE SOLUTIONS 2026
▶ Under Equipment Breakdown Protection insurance, which of the
following is considered one breakdown?
A
The first accident, when there is more than one accident causing a loss
B
All breakdowns occurring at the same time that are the direct result of the
same cause
C
All breakdowns that occur within 48 hours after the first instance of
breakdown
D
The last accident, when there is more than one accident causing a loss.
Answer: All breakdowns occurring at the same time that are the direct
result of the same cause
▶ All of the following are covered under a Homeowners policy, except:
A
Property of guests and domestic employees, when requested by the
insured
B
Equipment that is used to maintain the property
C
All living expenses incurred when a dwelling becomes uninhabitable after a
covered loss
D
Vandalism to a dwelling that has been vacant for 30 days. Answer: All
living expenses incurred when a dwelling becomes uninhabitable after a
covered loss
▶ Virginia's Amendment of Policy Provisions endorsement for personal
auto policies adds which of the following coverages?
, A
Prejudgement interest
B
Personal Injury Protection
C
Medical Payments
D
Rental Reimbursement. Answer: Prejudgement interest
▶ Under the Dwelling Program, Special Form (DP-3) dwelling coverage:
A
Is limited by the named exclusions
B
Includes coverage for catastrophic perils
C
Provides coverage against scheduled risks
D
Provides coverage against named perils. Answer: Is limited by the named
exclusions
▶ The purpose of a Workers' Compensation Assigned Risk Plan is to:
A
Compete with private insurers to place Workers' Compensation insurance
in the voluntary market
B
Write Workers' Compensation coverage for employers who are unable to
purchase coverage in the voluntary market
C
Be the exclusive provider of Workers' Compensation insurance in
monopolistic states
D
Provide coverage for employees who are otherwise exempt from receiving
Workers' Compensation benefits. Answer: Write Workers' Compensation
coverage for employers who are unable to purchase coverage in the
voluntary market
