Free Homeowners Policy Practice Questions
Delaware Personal Lines exam — 189 practice questions.
Subtopics: HO-3 special form, HO-4 tenants form, HO-5 comprehensive, HO-2 broad form, Coverage A, Coverage B, Coverage C, Coverage D, Coverage E, Replacement cost, Flood exclusion, Earth movement exclusion, Off-premises property, Scheduled property, Unoccupied dwellings, Scope, Declination defined, Reasons for declination, Cancellation notice, Nonpayment cancellation, Nonrenewal notice, Notice method, Failure to give notice, Permissible cancellation, Delinquent taxes, Prohibited declinations, Location-based declinations, Enforcement, Penalties, Nonrenewal for claims, Claims closed without payment, Inquiries, Wind and hurricane deductibles, Deductible notice timing, Statute of limitations notice, Homeowners disclosures, Flood disclosure, Deductible disclosure, Nonrenewal practices disclosure, Homeowners arbitration, Arbitration exemption, HO purpose, HO-4 renters, HO-6 condo, HO-8 modified, Coverage C trailer limit, Coverage F, Medical payments exclusion, Special limits jewelry, Scheduled personal property, Coverage C off-premises, Replacement cost dwelling, Personal property loss settlement, Liability exclusion business, Liability exclusion intentional, Auto exclusion, Additional coverage debris removal, Loss assessment, Ordinance or law, Water backup endorsement, Earthquake exclusion, Section II exclusion own injury, Eligibility owner-occupied, Identity theft endorsement, Coverage B limit, Coverage D duration, Trees shrubs plants limit, Credit card forgery coverage, Fire department service charge, Collapse coverage, Reasonable repairs, Property removed, Special limit money, Special limit securities, Special limit silverware theft, Special limit firearms theft, Special limit business property, Off-premises property limit, Mold limitation, Section I deductible, Damage to property of others, First aid expenses, Claim expenses, Business pursuits endorsement, Permitted incidental occupancy, Watercraft liability, Personal injury endorsement, Insured location definition, Residence premises definition, Property of others under Coverage C, Severability of insurance, Refrigerated property endorsement, Building materials under Coverage A, Coinsurance calculation, Definition of insured, Business definition, Residence premises, Insured location, Coverage B exclusions, Coverage C other residences, Coverage C self-storage, Moving to new residence, Special limits, Property not covered, Debris removal, Tree debris removal, Trees, shrubs and plants, Credit card coverage, Collapse, Landlord's furnishings, Grave markers, Freezing exclusion, Vacancy, Open perils exclusions, Windstorm peril, Falling objects, Theft peril, Electrical current, Earth movement, Water exclusion, Intentional loss, Insurance to value calculation, Insurance to value, Replacement cost settlement, Loss settlement, Duties after loss, Mortgage clause, Abandonment, Volcanic eruption, Motor vehicle liability, Section II exclusions, Business exclusion, Contractual liability, Section II loss assessment, Section II other insurance, Cancellation, Liberalization, Death of insured, HO-4, HO-6, Workers compensation for residence employees, Additional coverages
Read the Homeowners Policy study guide
Sample questions & answers
1. The HO-3 homeowners form is the most common owner-occupied form because it provides:
Open-perils coverage on the dwelling and named-perils coverage on personal property
The HO-3 insures the dwelling on an open-perils basis and personal property on a named-perils basis, which is why it is widely used.
2. The HO-4 homeowners form is designed for:
Renters covering personal property and liability
The HO-4 form covers a tenant's personal property and liability, not the building owned by the landlord.
3. The HO-5 homeowners form differs from the HO-3 mainly because it provides:
Open-perils coverage on both the dwelling and personal property
The HO-5 is a comprehensive form covering both the dwelling and personal property on an open-perils basis.
4. The HO-2 homeowners form covers the dwelling and personal property on a:
Named-perils broad basis
The HO-2 broad form insures the dwelling and personal property against a list of named perils.
Practice: Homeowners 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.
