Free Homeowners Policy Concepts Practice Questions
Kansas Property & Casualty exam (series 12-KS-06) — 80 practice questions.
Subtopics: Coinsurance, Other structures, Condo form, Older home form, Ordinance or law, Loss assessment, Water backup, Broad form, 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, Loss of use, Scheduled personal property, Coverage B percentage, Self-storage limit, Section II exclusions, Section I excluded perils, Definitions, Special limits, 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. To settle dwelling losses at replacement cost, a homeowners policy commonly requires insuring to at least:
80 percent of replacement cost
Most homeowners policies require insuring to at least 80 percent of replacement cost to settle losses at replacement cost.
2. Coverage B of a homeowners policy covers:
Other structures, such as a shed or fence
Coverage B insures other (detached) structures such as a shed, fence, or detached garage.
3. Which homeowners form is written specifically for a condominium unit owner?
HO-6
The HO-6 form is tailored to condominium unit owners and their interior and personal property.
4. The HO-8 form is intended for older homes and often settles dwelling losses on a(n):
Actual cash value or functional repair
The HO-8 form settles older-home dwelling losses on an actual cash value or functional repair basis.
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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.
