Pearson VUE Property Insurance Practice Test 2026
with 200 Questions and Correct Answers/ 2026
Pearson VUE Property & Casualty Practice exam
If 3 volcanic eruptions happened within 48 hours, and each contributes to property
damage, how many deductibles will apply in the dwelling policy? -
SOLUTION=One deductible all instances of volcanic eruptions that occur within a
72 hour period. Are considered 1 occurrence
Which dwelling policy coverage will provide protection for contents damaged by
fire in an insured dwelling? - SOLUTION=Coverage C personal property
Why does the H04 form not provide dwelling coverage? - SOLUTION=Is written
for a tenant residing in a rented dwelling; the tenant does not own the dwelling.
Which dwelling coverage forms will pay for the replacement costs of a dwelling? -
SOLUTION=DP2 broad and DP3 special
,Assuming the insurer and the insured agree on the amount payable for a loss
covered under a dwelling policy, how soon after receiving the proof of loss must
the insurer pay the claim? - SOLUTION=60 days
What are the major coverages included in a homeowner's policy? -
SOLUTION=Coverage A: Dwelling
Coverage B: Other Structures
Coverage C: Personal Property
Coverage D: Loss of Use
Which dwelling form provides open peril coverage on the building? -
SOLUTION=DP-3 (Special)
How are the dwelling and other structures covered in an H03 policy form? -
SOLUTION=On an open peril bases
According to the liberation condition, if an insurer makes a change to broaden
coverage and newly issued dwelling policies, how will that change affect policies
already in force? - SOLUTION=The change will apply automatically
Losses caused by vandalism and malicious mischief are excluded from coverage if
a dwelling has been vacant for how many days? - SOLUTION=60 days.
,Under what conditions can broad theft coverage be added to a dwelling policy? -
SOLUTION=If the insured is the owner occupant of the dwelling
What are some of the exclusions from coverage in all of the homeowners forms? -
SOLUTION=land, structures used for business purposes, animals, birds, fish,
aircraft, rented property, electronic data, and motor vehicles
In dwelling policies, what is the purpose of the automatic increase in insurance
endorsement that increases the amount of insurance by an annual percentage? -
SOLUTION=To offset the effects of inflation
An insured house becomes uninhabitable due to damage by a fire. As a result, the
insured has to rent an apartment until repairs are made. Which type of coverage
under the dwelling policy will pay for the expense of renting the apartment? -
SOLUTION=Coverage E additional living expenses
DP3 is an open peril form what does that mean? - SOLUTION=All perils are
insured unless specifically excluded
What type of property can be covered under inland marine insurance? -
SOLUTION=Any type of property that is portable on land, as well as means of
transportation and communication
, What type of coverage is included in homeowner's policies, but is not available in
dwelling policies? - SOLUTION=Liability coverage
Which dwelling policy coverage will insure a garage not attach to the primary
insured dwelling? - SOLUTION=Coverage B other structures
Under coverage C personal property in the dwelling policy, when will a guest's
property be covered - SOLUTION=Only when the property is at the insured
location
Which of the 3 DP forms provides the most limited coverage? - SOLUTION=DP1
basic
What is the maximum number of units in residential dwellings insurable by a
dwelling policy? - SOLUTION=Up to 4 units
What is mysterious disappearance? - SOLUTION=Misplacement or loss of
property without knowledge as to the location, time and cause of the loss
S is purchasing a Commercial Property policy to cover a commercial building with
a replacement cost of $100,000. The policy includes an 80 percent Coinsurance
with 200 Questions and Correct Answers/ 2026
Pearson VUE Property & Casualty Practice exam
If 3 volcanic eruptions happened within 48 hours, and each contributes to property
damage, how many deductibles will apply in the dwelling policy? -
SOLUTION=One deductible all instances of volcanic eruptions that occur within a
72 hour period. Are considered 1 occurrence
Which dwelling policy coverage will provide protection for contents damaged by
fire in an insured dwelling? - SOLUTION=Coverage C personal property
Why does the H04 form not provide dwelling coverage? - SOLUTION=Is written
for a tenant residing in a rented dwelling; the tenant does not own the dwelling.
Which dwelling coverage forms will pay for the replacement costs of a dwelling? -
SOLUTION=DP2 broad and DP3 special
,Assuming the insurer and the insured agree on the amount payable for a loss
covered under a dwelling policy, how soon after receiving the proof of loss must
the insurer pay the claim? - SOLUTION=60 days
What are the major coverages included in a homeowner's policy? -
SOLUTION=Coverage A: Dwelling
Coverage B: Other Structures
Coverage C: Personal Property
Coverage D: Loss of Use
Which dwelling form provides open peril coverage on the building? -
SOLUTION=DP-3 (Special)
How are the dwelling and other structures covered in an H03 policy form? -
SOLUTION=On an open peril bases
According to the liberation condition, if an insurer makes a change to broaden
coverage and newly issued dwelling policies, how will that change affect policies
already in force? - SOLUTION=The change will apply automatically
Losses caused by vandalism and malicious mischief are excluded from coverage if
a dwelling has been vacant for how many days? - SOLUTION=60 days.
,Under what conditions can broad theft coverage be added to a dwelling policy? -
SOLUTION=If the insured is the owner occupant of the dwelling
What are some of the exclusions from coverage in all of the homeowners forms? -
SOLUTION=land, structures used for business purposes, animals, birds, fish,
aircraft, rented property, electronic data, and motor vehicles
In dwelling policies, what is the purpose of the automatic increase in insurance
endorsement that increases the amount of insurance by an annual percentage? -
SOLUTION=To offset the effects of inflation
An insured house becomes uninhabitable due to damage by a fire. As a result, the
insured has to rent an apartment until repairs are made. Which type of coverage
under the dwelling policy will pay for the expense of renting the apartment? -
SOLUTION=Coverage E additional living expenses
DP3 is an open peril form what does that mean? - SOLUTION=All perils are
insured unless specifically excluded
What type of property can be covered under inland marine insurance? -
SOLUTION=Any type of property that is portable on land, as well as means of
transportation and communication
, What type of coverage is included in homeowner's policies, but is not available in
dwelling policies? - SOLUTION=Liability coverage
Which dwelling policy coverage will insure a garage not attach to the primary
insured dwelling? - SOLUTION=Coverage B other structures
Under coverage C personal property in the dwelling policy, when will a guest's
property be covered - SOLUTION=Only when the property is at the insured
location
Which of the 3 DP forms provides the most limited coverage? - SOLUTION=DP1
basic
What is the maximum number of units in residential dwellings insurable by a
dwelling policy? - SOLUTION=Up to 4 units
What is mysterious disappearance? - SOLUTION=Misplacement or loss of
property without knowledge as to the location, time and cause of the loss
S is purchasing a Commercial Property policy to cover a commercial building with
a replacement cost of $100,000. The policy includes an 80 percent Coinsurance
