Free Homeowners Policy Concepts Practice Questions
North Carolina Property & Casualty exam — 105 practice questions.
Subtopics: Coverage A, Coverage C, Loss of use, Personal liability, Flood exclusion, Coastal windstorm, Medical payments to others, HO-3 form, NC Coverage D limit, NC Coverage B limit, NC Coverage C limit, Insurance to value, Land value, Homeowners required?, Sections I and II, Coverage D extra expense, Coverage F exclusions, Tree removal, Replacement cost claim window, Roof matching, Neighbor tree, Car under tree, Percentage deductible, Named storm defined, Named storm period, Wind policy claims, Refrigerated property, Water backup, Inflation guard, Guaranteed replacement cost, Watercraft endorsement, Renters loss of use, Renters landlord coverage, 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, 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. Coverage A of a homeowners policy insures:
The dwelling
Coverage A insures the dwelling structure; other coverages address other structures, personal property, loss of use, liability, and medical payments.
2. Coverage C of a homeowners policy insures:
Personal property (contents)
Coverage C insures the insured's personal property (contents), often on a named-perils basis and frequently at a percentage of the Coverage A limit.
3. Coverage D (loss of use) in a homeowners policy pays for:
Extra living costs if the home is unlivable
Coverage D pays additional living expenses above normal costs when a covered loss makes the home uninhabitable; in North Carolina it is normally 20% of Coverage A.
4. Section II personal liability coverage of a homeowners policy protects the insured against:
Claims for injury or damage the insured causes
Section II liability coverage responds to claims that the insured is legally liable for bodily injury or property damage to others, and provides a defense.
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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.
