Georgia Property and Casualty Practice
Test Review Practice Questions with
Complete Solutions (Latest 2025)
Which of the following losses would NOT be covered by the
dwelling policy if the dwelling is vacant for over 60 days? -
Correct Answers ✅Vandalism
In commercial auto insurance, what type of coverage will pay
for loss or damage to a covered auto by any cause other than
collision or overturn? - Correct Answers ✅Comprehensive
All of the following are supplemental payments found in
liability policies EXCEPT - Correct Answers ✅Automatically
transfer to a legal representative
Which of the following homeowners forms is designed for
individuals that own and reside in a condominium? - Correct
Answers ✅HO-6
Which of the following is defined as a covered cause of loss in
a businessowners property coverage? - Correct Answers
✅Leakage from fire-extinguishing equipment
What method of loss valuation is contrary to the basic
concept of indemnity? - Correct Answers ✅Replacement
Cost
,Georgia Property and Casualty Practice
Test Review Practice Questions with
Complete Solutions (Latest 2025)
The main difference between an Ho-4 And an HO-6 is -
Correct Answers ✅HO-6 provides limited dwelling
coverage as well as contents coverage.
A tow truck was stolen from the insured's premises. The
insured has loss of use coverage on his commercial auto
policy. How much will the insured be able to collect from the
coverage if unable to use the town truck in its operations for
40 days? - Correct Answers ✅$600
Which of the following IS covered under the theatrical
property floater of an Inland Marine policy? - Correct
Answers ✅Vehicles used on stage
A specific coverage part is listed on the commercial package
policy declaration page, but there is no premium shown.
What does that mean? - Correct Answers ✅There is no
coverage.
How many hours of continuing education are producers
required to complete every licensing period? - Correct
Answers ✅24
Insurance is the transfer of - Correct Answers ✅Risk.
, Georgia Property and Casualty Practice
Test Review Practice Questions with
Complete Solutions (Latest 2025)
How many days before a policy is nonrenewed must an
insurer deliver or mail written notice to the insured? -
Correct Answers ✅30 days
What type of compensatory damages will pay for pain and
suffering and disfigurement? - Correct Answers ✅General
If an insurer fails to return unearned premiums for a policy
that has been cancelled within a specified number of days,
the insurer must pay a penalty of - Correct Answers ✅25%
If an insurance premium is paid by the policyowner to the
agent, and the agent fails to remit that premium to the
insurer, which of the following statements is true? - Correct
Answers ✅The policy will not lapse since payment to the
agent is the same as a payment to the insurer.
Which of the following statements is true regarding the
premium computation for workers compensation insurance? -
Correct Answers ✅A premium auditor has the right to
examine the insured's compensation records at the end of
the policy period to determine the actual premium basis.
The part of a property policy that shows the amount of
insurance, premium, and policy terms is the - Correct
Answers ✅Declarations.
Test Review Practice Questions with
Complete Solutions (Latest 2025)
Which of the following losses would NOT be covered by the
dwelling policy if the dwelling is vacant for over 60 days? -
Correct Answers ✅Vandalism
In commercial auto insurance, what type of coverage will pay
for loss or damage to a covered auto by any cause other than
collision or overturn? - Correct Answers ✅Comprehensive
All of the following are supplemental payments found in
liability policies EXCEPT - Correct Answers ✅Automatically
transfer to a legal representative
Which of the following homeowners forms is designed for
individuals that own and reside in a condominium? - Correct
Answers ✅HO-6
Which of the following is defined as a covered cause of loss in
a businessowners property coverage? - Correct Answers
✅Leakage from fire-extinguishing equipment
What method of loss valuation is contrary to the basic
concept of indemnity? - Correct Answers ✅Replacement
Cost
,Georgia Property and Casualty Practice
Test Review Practice Questions with
Complete Solutions (Latest 2025)
The main difference between an Ho-4 And an HO-6 is -
Correct Answers ✅HO-6 provides limited dwelling
coverage as well as contents coverage.
A tow truck was stolen from the insured's premises. The
insured has loss of use coverage on his commercial auto
policy. How much will the insured be able to collect from the
coverage if unable to use the town truck in its operations for
40 days? - Correct Answers ✅$600
Which of the following IS covered under the theatrical
property floater of an Inland Marine policy? - Correct
Answers ✅Vehicles used on stage
A specific coverage part is listed on the commercial package
policy declaration page, but there is no premium shown.
What does that mean? - Correct Answers ✅There is no
coverage.
How many hours of continuing education are producers
required to complete every licensing period? - Correct
Answers ✅24
Insurance is the transfer of - Correct Answers ✅Risk.
, Georgia Property and Casualty Practice
Test Review Practice Questions with
Complete Solutions (Latest 2025)
How many days before a policy is nonrenewed must an
insurer deliver or mail written notice to the insured? -
Correct Answers ✅30 days
What type of compensatory damages will pay for pain and
suffering and disfigurement? - Correct Answers ✅General
If an insurer fails to return unearned premiums for a policy
that has been cancelled within a specified number of days,
the insurer must pay a penalty of - Correct Answers ✅25%
If an insurance premium is paid by the policyowner to the
agent, and the agent fails to remit that premium to the
insurer, which of the following statements is true? - Correct
Answers ✅The policy will not lapse since payment to the
agent is the same as a payment to the insurer.
Which of the following statements is true regarding the
premium computation for workers compensation insurance? -
Correct Answers ✅A premium auditor has the right to
examine the insured's compensation records at the end of
the policy period to determine the actual premium basis.
The part of a property policy that shows the amount of
insurance, premium, and policy terms is the - Correct
Answers ✅Declarations.
