HOMEOWNERS INSURANCE PRACTICE EXAM
QUESTIONS & CORRECT ANSWERS LATEST 2025
What is a homeowners policy? - ANSWER-multi-line policies with six different
policy forms, only significant difference is the perils.
What is Section I of the homeowners policy? - ANSWER-Property
What is Section II of the homeowners policy? - ANSWER-Casualty aka Liability
What is Section I-Property Coverage A? - ANSWER-Dwelling
What is Section I- Property Coverage B? - ANSWER-Other Structures
What is Section I- Property Coverage C? - ANSWER-Personal Property
What is Section I- Property Coverage D? - ANSWER-Loss of Use
What is Section II- Casualty Coverage E? - ANSWER-Personal Liability
What is Section II- Casualty Coverage F? - ANSWER-Medical Payments to Others
What is the Homeowners Tenants form? - ANSWER-HO-4
, Coverage A or B will not be on what homeowners policy form? - ANSWER-Tenant
form HO-4
There is only enough coverage of A and B to offset betterment's and
improvements on what form? - ANSWER-The Condominium Owners form HO-6
Coverage A-Dwelling in the homeowners policies insures what? - ANSWER-the
building in which you live and any permanently attached property such as water
heaters, furnaces, central units and carpeting.
Coverage B-Other Structures in the homeowners policies insures what? -
ANSWER-protects structures on your property other than your house, such as
sheds, detached garages, and swimming pool
How is Coverage B calculated? - ANSWER-10% of Coverage A
Coverage C-Personal Property in the homeowners policies insures what? -
ANSWER-Covers your stuff on and off the residence premises...anywhere on
earth.
How is Coverage C calculated? - ANSWER-50% of Coverage A but can be raised
What are some exclusions on Coverage C? - ANSWER-Property insured elsewhere,
animals, electronics designed to be operated from a motor vehicle and tapes,
property of tenants, business data on paper
QUESTIONS & CORRECT ANSWERS LATEST 2025
What is a homeowners policy? - ANSWER-multi-line policies with six different
policy forms, only significant difference is the perils.
What is Section I of the homeowners policy? - ANSWER-Property
What is Section II of the homeowners policy? - ANSWER-Casualty aka Liability
What is Section I-Property Coverage A? - ANSWER-Dwelling
What is Section I- Property Coverage B? - ANSWER-Other Structures
What is Section I- Property Coverage C? - ANSWER-Personal Property
What is Section I- Property Coverage D? - ANSWER-Loss of Use
What is Section II- Casualty Coverage E? - ANSWER-Personal Liability
What is Section II- Casualty Coverage F? - ANSWER-Medical Payments to Others
What is the Homeowners Tenants form? - ANSWER-HO-4
, Coverage A or B will not be on what homeowners policy form? - ANSWER-Tenant
form HO-4
There is only enough coverage of A and B to offset betterment's and
improvements on what form? - ANSWER-The Condominium Owners form HO-6
Coverage A-Dwelling in the homeowners policies insures what? - ANSWER-the
building in which you live and any permanently attached property such as water
heaters, furnaces, central units and carpeting.
Coverage B-Other Structures in the homeowners policies insures what? -
ANSWER-protects structures on your property other than your house, such as
sheds, detached garages, and swimming pool
How is Coverage B calculated? - ANSWER-10% of Coverage A
Coverage C-Personal Property in the homeowners policies insures what? -
ANSWER-Covers your stuff on and off the residence premises...anywhere on
earth.
How is Coverage C calculated? - ANSWER-50% of Coverage A but can be raised
What are some exclusions on Coverage C? - ANSWER-Property insured elsewhere,
animals, electronics designed to be operated from a motor vehicle and tapes,
property of tenants, business data on paper
