Free Homeowners Policy Concepts Practice Questions
Alabama Property exam — 151 practice questions.
Subtopics: FORTIFIED discount, FORTIFIED certification, FORTIFIED discount scope, FORTIFIED roof endorsement, FORTIFIED ineligible property, New construction discount, Strengthen Alabama Homes, SAH grant purpose, SAH eligibility, SAH grant amount, SAH not entitlement, SAH inspections, Money limit, Jewelry theft limit, Firearms theft limit, Watercraft limit, Trees and shrubs, Fire department charge, Loss assessment, Damage to property of others, Eligibility, HO-3 special, HO-4 renters, HO-6 condo, HO-8 modified, Coverage C limit, Coverage B limit, Loss of use, Coverage E liability, Coverage F medical payments, Replacement cost requirement, Special limits, Standard mortgage clause, Vacant vs unoccupied, Open vs named perils, Debris removal, Ordinance or law, Appraisal condition, Business pursuits, Home day care, Personal injury, Watercraft endorsement, Fungi limitation, Permitted incidental occupancies, Identity fraud, Earthquake endorsement, Scheduled personal property, Water and sewer backup, HO-2 broad form, HO-5 comprehensive form, Coverage A dwelling, Section I vs Section II, Medical payments exclusions, Credit card and forgery coverage, Collapse additional coverage, Glass or safety glazing, Landlords furnishings, Fire department service charge, Reasonable repairs, Property removed coverage, Money special limit, Volcanic eruption, Business property on-premises limit, Personal property replacement cost, Grave markers, Refrigerated food spoilage, Concealment or fraud condition, Intentional loss exclusion, Neglect exclusion, Power failure exclusion, Nuclear hazard exclusion, Motor vehicle liability exclusion, Aircraft liability exclusion, Severability of insurance, Loss payment condition, Our option to repair or replace, Definition of insured, Full-time student, Residence premises, HO civil authority, HO-4 Coverage C, HO-4 additions and alterations, HO-6 Coverage A, HO-3 Coverage C perils, Theft from dwelling under construction, Theft - rented to others, Watercraft property limit, Securities limit, Silverware theft limit, Business property off premises, Property not covered, Coverage C worldwide, Personal property at other residence, Debris removal additional amount, Tree removal, Trees perils, Loss assessment limit, Ordinance or law limit, Grave markers limit, Landlord furnishings limit, Property removed duration, Replacement cost holdback, HO underinsured RC calc, Loss settlement - contents, Medical payments time limit, Section II additional - claim expenses, First aid expenses, Watercraft liability exclusion, Business exclusion, Coverage E exclusion - insured injury, Rented property liability, Expected or intended, Section II other insurance, Section I other insurance, HO cancellation - new policy, HO nonrenewal notice, Death of named insured, Mold exclusion HO-3, Animals owned exclusion, Vacancy - vandalism HO, Inflation guard HO, Additional living expense example, Section II, HO-5 vs HO-3, HO-5 special limits, HO-8 loss settlement, HO-8 theft, HO-8 perils, Water backup, Identity fraud expense
Read the Homeowners Policy Concepts study guide
Sample questions & answers
1. Alabama law requires insurers to provide a premium discount or rate reduction to homeowners who:
Retrofit their homes to IBHS FORTIFIED standards
Insurers must provide a premium discount or rate reduction for insurable property retrofitted to FORTIFIED Home standards or other approved mitigation.
2. For a FORTIFIED Home discount in Alabama, the property must be certified as meeting the standard by:
An IBHS certified inspector
Conformity with FORTIFIED Home requirements is certified only after inspection by an IBHS certified inspector, and the certificate must be presented to the insurer.
3. An Alabama FORTIFIED premium discount applies:
Only to policies that provide wind coverage
The adjustment applies only to policies providing wind coverage, either to the wind portion or to total premium if wind is not separately rated.
4. Insurers writing Alabama homeowners insurance must offer an endorsement that, when a covered loss requires the roof to be replaced, will:
Upgrade an eligible home's roof to a FORTIFIED standard
Homeowners insurers must offer a FORTIFIED Bronze roof endorsement at new business and first renewal, upgrading the roof to FORTIFIED when a covered loss requires replacement.
Practice: Homeowners Policy Concepts
Answer choices are shuffled every time, and every question comes with an explanation.
Practice questions are study aids generated for exam preparation and are not actual exam questions. Content is provided for educational purposes and is not legal advice. Verify current statutes, rules, and exam specifications with the Insurance Department and the exam administrator before relying on it.
