Free Homeowners Policy Practice Questions
Florida Personal Lines (20-44) exam (series 20-44) — 173 practice questions.
Subtopics: Hurricane deductible, Hurricane deductible application, Catastrophic ground cover collapse, Hurricane deductible disclosure, Hurricane-damaged property, Cancellation during hurricane, Hurricane duration, Hurricane coverage interior rain, Deductible above 10 percent, Hurricane deductible dollar value, Lower deductible timing, All other perils deductible offer, Roof deductible cap, Mitigation deductible option, Mitigation features, Roof age under 15 years, Older roof inspection, Total loss replacement cost, Personal property replacement cost, Valued policy law mixed causes, Catastrophic ground cover collapse elements, Settling and cracking, Sinkhole deductibles, Sinkhole coverage offer, HO-6 loss assessment, HO-6 assessment deductible, Fungus coverage, HO purpose, HO-3 special form, HO-5 comprehensive, HO-4 renters, HO-6 condo, HO-8 modified, Coverage A, Coverage B, Coverage C trailer limit, Coverage D, Coverage E, 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, Flood exclusion, Section II exclusion own injury, Eligibility owner-occupied, Identity theft endorsement, HO-2 broad form, 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. Before issuing a personal lines residential property policy, a Florida insurer must offer hurricane deductible options of:
500 dollars and 2, 5, and 10 percent of the dwelling limits
Florida requires insurers to offer hurricane deductibles of 500 dollars and 2, 5, and 10 percent of the dwelling limits, unless a percentage is less than 500 dollars.
2. A Florida personal lines hurricane deductible generally applies:
On a calendar-year basis to covered hurricane losses with the same insurer
Florida's hurricane deductible is applied on a calendar-year (annual) basis to hurricane losses covered under policies issued by the same insurer or insurer group.
3. Which coverage must a Florida homeowners policy include, as opposed to optional sinkhole loss coverage?
Catastrophic ground cover collapse
Florida homeowners policies must cover catastrophic ground cover collapse; broader sinkhole loss coverage is offered separately as an option.
4. A Florida policy that contains a separate hurricane deductible must display the statutory warning on its face in boldfaced type no smaller than:
18 points
A policy with a separate hurricane deductible must display, in boldfaced 18-point type, the statutory warning that the deductible may result in high out-of-pocket expense.
All Personal Lines (20-44) topics
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.
