Free Homeowners Policy Concepts Practice Questions
Connecticut Property & Casualty exam (series 12-CT-04) — 91 practice questions.
Subtopics: HO-3, HO-4, HO-6, Loss of use, Personal liability, Medical payments, Ordinance or law, Special limits, Homeowners cancellation, Claims-based nonrenewal, Prior owner claims, Matching, Hurricane deductible, Storm shutters, Coastal market assistance, Coverage forms, Coverage C territory, Liability coverages, Property coverages, Coverage D limit, Coverage E limit, Coverage F limit, HO-4 renters, HO-6 condominium, HO-3 special form, HO-5 comprehensive, HO-8 modified, Coverage F medical payments, Coverage E personal liability, Special limits of liability, Scheduled personal property, Coverage B percentage, Self-storage limit, Section II exclusions, Section I excluded perils, Definitions, Personal property, Additional coverages, Perils insured against, Section I exclusions, Conditions, Section II additional coverages, Selected endorsements, Scheduled property endorsement, HO-6 special coverage, Replacement cost endorsement, HO-5 special limits, HO-5 Coverage C, HO-5 loss settlement
Read the Homeowners Policy Concepts study guide
Sample questions & answers
1. The HO-3 homeowners form generally covers the dwelling on a(n):
Open-perils (special) basis
The HO-3 insures the dwelling on an open-perils basis, covering causes of loss not specifically excluded.
2. The HO-4 homeowners form is intended for:
Tenants who rent their residence
The HO-4 (renters) form covers a tenant's personal property and personal liability, not the building.
3. Which homeowners form is designed to insure the owner of a condominium unit?
HO-6
The HO-6 unit-owners form insures a condominium unit owner's personal property, unit improvements and liability; HO-4 is for tenants and HO-3/HO-8 are for owner-occupied dwellings.
4. Loss of use coverage in a homeowners policy pays for:
Additional living expenses while the home is uninhabitable
Loss of use pays additional living expenses and lost fair rental value while the home is uninhabitable after a covered loss.
All Property & Casualty topics
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.
