Free Dwelling Policy Practice Questions
California Personal Lines Broker-Agent exam (series Personal Lines) — 82 practice questions.
Subtopics: Earthquake offer timing, Earthquake offer methods, CEA eligibility, CEA nature, Purpose, No liability, DP-1 basic form, DP-3 special form, Coverage A, Coverage B, Coverage C, Coverage D, Coverage E, Coverage A eligibility, Loss settlement, Extended coverage perils, Vandalism endorsement, Other coverages debris removal, Improvements by tenant, Personal liability supplement, Excluded perils, DP-2 broad form, Coverage C optional, Automatic increase, Theft endorsement, Reasonable repairs, Trees shrubs and plants, Fire department service charge, Property removed, Worldwide personal property, Definition of insured, Coinsurance clause, DP-3 loss settlement, Collapse coverage, Seasonal dwelling, Other structures rented, Lightning peril, Glass coverage, Fair rental value vs ALE, Ordinance or law, DP-1 perils, DP-1 vehicles peril, Windstorm peril, DP-1 vandalism, Other structures, Rental value and ALE, Civil authority, Tenant improvements, Coverage C location, Property not covered, Coverage A scope, Coverage B exclusions, DP-3 open perils exclusions, Vacancy, DP-3 Coverage C perils, DP-2 perils, DP-1 trees exclusion, Fire department charges, Collapse, Replacement cost settlement, Cancellation, Nonrenewal, Mortgagee notice, Other insurance, Earth movement, Water exclusion, Freezing, Eligibility, Guest property, Newly acquired residence, Intentional loss, Glass breakage, DP forms, Dwelling liability
Read the Dwelling Policy study guide
Sample questions & answers
1. A California insurer may make the required offer of earthquake coverage before, at the same time as, or within how many days after the residential policy is issued?
60 days
Section 10083 permits the earthquake offer before, concurrently with, or within 60 days after issuance or renewal; the offer is presumed declined if not accepted within 30 days of mailing.
2. A California residential property insurer may satisfy the earthquake offer requirement by:
Arranging the coverage through an affiliated insurer
Section 10084 lets the insurer underwrite earthquake directly, arrange it through an affiliate, or arrange it through an agent or broker with a nonaffiliated insurer.
3. A California homeowner can buy a California Earthquake Authority policy only if the homeowner:
Insures the home with a CEA participating insurer
Section 10089.26 requires the CEA to issue basic residential earthquake policies to owners who have residential property insurance from a participating insurer.
4. The California Earthquake Authority is best described as:
A state authority that sells only residential earthquake policies
Section 10089.6 created the California Earthquake Authority, governed by its board under the Commissioner's authority, and limits it to selling basic residential earthquake insurance.
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Practice: Dwelling Policy
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.
