Free Homeowners Policy Concepts Practice Questions
New Jersey Property exam — 141 practice questions.
Subtopics: Domestic employees, Domestic coverage filing, Coverage inquiries, Weather claims, Criminal acts of others, Hurricane trigger, Hurricane math, Wind/hail deductible, Uniform hurricane language, Expedited rate change, Eligibility, HO-3 special, HO-4 renters, HO-6 condo, HO-8 modified, Coverage C limit, Coverage B limit, Loss of use, Coverage E liability, Coverage F medical payments, Replacement cost requirement, Special limits, Standard mortgage clause, Vacant vs unoccupied, Open vs named perils, Loss assessment, Debris removal, Trees and shrubs, Ordinance or law, Appraisal condition, Business pursuits, Home day care, Personal injury, Watercraft endorsement, Fungi limitation, Permitted incidental occupancies, Identity fraud, Earthquake endorsement, Scheduled personal property, Water and sewer backup, HO-2 broad form, HO-5 comprehensive form, Coverage A dwelling, Section I vs Section II, Medical payments exclusions, Credit card and forgery coverage, Collapse additional coverage, Glass or safety glazing, Landlords furnishings, Fire department service charge, Reasonable repairs, Property removed coverage, Damage to property of others, Money special limit, Volcanic eruption, Firearms theft limit, Business property on-premises limit, Personal property replacement cost, Grave markers, Refrigerated food spoilage, Concealment or fraud condition, Intentional loss exclusion, Neglect exclusion, Power failure exclusion, Nuclear hazard exclusion, Motor vehicle liability exclusion, Aircraft liability exclusion, Severability of insurance, Loss payment condition, Our option to repair or replace, Definition of insured, Full-time student, Residence premises, HO civil authority, HO-4 Coverage C, HO-4 additions and alterations, HO-6 Coverage A, HO-3 Coverage C perils, Theft from dwelling under construction, Theft - rented to others, Watercraft property limit, Securities limit, Jewelry theft limit, Silverware theft limit, Business property off premises, Property not covered, Coverage C worldwide, Personal property at other residence, Debris removal additional amount, Tree removal, Trees perils, Loss assessment limit, Ordinance or law limit, Grave markers limit, Landlord furnishings limit, Property removed duration, Replacement cost holdback, HO underinsured RC calc, Loss settlement - contents, Medical payments time limit, Section II additional - claim expenses, First aid expenses, Watercraft liability exclusion, Business exclusion, Coverage E exclusion - insured injury, Rented property liability, Expected or intended, Section II other insurance, Section I other insurance, HO cancellation - new policy, HO nonrenewal notice, Death of named insured, Mold exclusion HO-3, Animals owned exclusion, Vacancy - vandalism HO, Inflation guard HO, Additional living expense example, Section II, HO-5 vs HO-3, HO-5 special limits, HO-8 loss settlement, HO-8 theft, HO-8 perils, Water backup, Identity fraud expense
Read the Homeowners Policy Concepts study guide
Sample questions & answers
1. Every New Jersey homeowners policy (or other comprehensive personal liability policy) must cover the policyholder's:
WC obligations to injured household employees
Homeowners and comprehensive personal liability policies must cover the policyholder's obligations under the workers' compensation law to injured domestic servants or household employees.
2. When workers' compensation coverage for a household employee is provided through a New Jersey homeowners policy, the insurer:
Need not file the usual WC policy notice
The workers' compensation policy filing requirement does not apply to coverage for domestic servants or household employees written under P.L.1979, c.380.
3. A New Jersey homeowner calls the insurer to ask whether a particular loss would be covered but never files a claim. For determining adverse claims experience, the call:
May not be counted as a claim
An inquiry about the homeowners policy or coverage for a particular loss may not be categorized as a claim for adverse claims experience.
4. A New Jersey insurer may not cancel or nonrenew an owner-occupied one-to-four family dwelling policy solely because of claims due to:
Weather-related damage
Cancellation or nonrenewal solely because of weather-related losses or a third-party criminal act by a non-resident is prohibited, unless the loss shows an increased hazard or similar problem.
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.
