Florida Statues, Rules and Regulations
Pertinent to Personal Lines Insurance
Exam Questions With 100% Accurate
Answers scored A+
What type of structures are eligible for coverage in the Citizens Property Insurance
Corporation? - CORRECT ANSWER-All types of structures
What organizations offers coverage on properties in areas of Florida deemed especially
susceptible to windstorm damages? - CORRECT ANSWER-Citizens Property
Insurance Corporation
In Florida, no-fault laws exempt an at-fault motorist who causes injury to another from
suits for recovery for noneconomic losses, such as pain and suffering, unless? -
CORRECT ANSWER-There is permanent injury
Al, permanently injured by Jim in an accident, has total damages of $60,000. Al has PIP
and Uninsured Motorist coverage of $100,000. Jim has the minimum limit of liability
required by Florida. How much would Al collect under U/M? - CORRECT ANSWER-
$40,000
All of the following are characteristics of limited sinkhole coverage EXCEPT? -
CORRECT ANSWER-Coverage is mandatory under catastrophic ground cover
collapse.
What is the maximum service charge a general lines agent may charge per day year for
financial insurance premiums on policies issued by the agent? - CORRECT ANSWER-
$36
Which of the following types of health care plans allows the insured/subscriber to
choose health care from any qualified physician ? - CORRECT ANSWER-Commercial
insurance company fee-for-service plan
Pertinent to Personal Lines Insurance
Exam Questions With 100% Accurate
Answers scored A+
What type of structures are eligible for coverage in the Citizens Property Insurance
Corporation? - CORRECT ANSWER-All types of structures
What organizations offers coverage on properties in areas of Florida deemed especially
susceptible to windstorm damages? - CORRECT ANSWER-Citizens Property
Insurance Corporation
In Florida, no-fault laws exempt an at-fault motorist who causes injury to another from
suits for recovery for noneconomic losses, such as pain and suffering, unless? -
CORRECT ANSWER-There is permanent injury
Al, permanently injured by Jim in an accident, has total damages of $60,000. Al has PIP
and Uninsured Motorist coverage of $100,000. Jim has the minimum limit of liability
required by Florida. How much would Al collect under U/M? - CORRECT ANSWER-
$40,000
All of the following are characteristics of limited sinkhole coverage EXCEPT? -
CORRECT ANSWER-Coverage is mandatory under catastrophic ground cover
collapse.
What is the maximum service charge a general lines agent may charge per day year for
financial insurance premiums on policies issued by the agent? - CORRECT ANSWER-
$36
Which of the following types of health care plans allows the insured/subscriber to
choose health care from any qualified physician ? - CORRECT ANSWER-Commercial
insurance company fee-for-service plan
