Pearson Vue Property Insurance Exam
Practice Questions with Verified Answers
100% Guarantee passing score of 90% or higher
Consist of 80 multichoice Questions with Answers
1. One of the following policies covers Mobile Homes:
a. Dp-1
b. Dp-2
c. Dp-3
d. Ho-4
Answer Dp-1
2. On a dwelling policy, personal property would be covered at:
a. ACV
b. Replacement Cost
c. Not covered
d. 80% of Value
Answer ACV
,3. DP-1 would cover all of the following without endorsement except:
a. other structures
b. personal property
c. rental value
d. additional living expense
Answer additional living expense
4. One of the following would be covered on a dwelling policy without an
endorsement:
a. Theft
b. Earthquake
c. Personal Liability
d. Mobile Home
Answer Mobile Home
5. Coverage C on the dwelling policy would be:
a. Personal property
b. Other structures
c. rental value
d. dwelling
Answer Personal property
,6. Broadest coverage is found in:
a. Dp-1
b. Dp-2
c. Dp-3
d. None of these
Answer Dp-3 (Special is the broadest)
7. One of the following does not provide dwelling coverage:
a. ho-1
b.ho-2 (Broad)
c.ho-4 (Tenant)
d. ho-6 (Condo)
Answerho-4 (tenant)
8. When the insured is needed to help defend a claim, a homeowners policy
would pay the insured daily for attending court:
a.$25
b.$ 50
c.$75
d.$ 100
Answer$50
, 9. all of the following businesses are excluded on a business owners policy
except:
a. retail store
b.garage
c.liquor store
d.service station
Answer retail store
10. Business risk coverage will cease for the following reasons except:
a.builder sells property
b. day after construction is complete
c.policy is cancelled
d. builder abandons and will not complete
Answer day after construction is complete
11. to purchase flood insurance you must live in:
a. flood prone area
b.proximity of water
c.mobile home
d.none of theses
Answer flood prone area
Practice Questions with Verified Answers
100% Guarantee passing score of 90% or higher
Consist of 80 multichoice Questions with Answers
1. One of the following policies covers Mobile Homes:
a. Dp-1
b. Dp-2
c. Dp-3
d. Ho-4
Answer Dp-1
2. On a dwelling policy, personal property would be covered at:
a. ACV
b. Replacement Cost
c. Not covered
d. 80% of Value
Answer ACV
,3. DP-1 would cover all of the following without endorsement except:
a. other structures
b. personal property
c. rental value
d. additional living expense
Answer additional living expense
4. One of the following would be covered on a dwelling policy without an
endorsement:
a. Theft
b. Earthquake
c. Personal Liability
d. Mobile Home
Answer Mobile Home
5. Coverage C on the dwelling policy would be:
a. Personal property
b. Other structures
c. rental value
d. dwelling
Answer Personal property
,6. Broadest coverage is found in:
a. Dp-1
b. Dp-2
c. Dp-3
d. None of these
Answer Dp-3 (Special is the broadest)
7. One of the following does not provide dwelling coverage:
a. ho-1
b.ho-2 (Broad)
c.ho-4 (Tenant)
d. ho-6 (Condo)
Answerho-4 (tenant)
8. When the insured is needed to help defend a claim, a homeowners policy
would pay the insured daily for attending court:
a.$25
b.$ 50
c.$75
d.$ 100
Answer$50
, 9. all of the following businesses are excluded on a business owners policy
except:
a. retail store
b.garage
c.liquor store
d.service station
Answer retail store
10. Business risk coverage will cease for the following reasons except:
a.builder sells property
b. day after construction is complete
c.policy is cancelled
d. builder abandons and will not complete
Answer day after construction is complete
11. to purchase flood insurance you must live in:
a. flood prone area
b.proximity of water
c.mobile home
d.none of theses
Answer flood prone area
