Free Homeowners Policy Practice Questions
New Mexico Personal Lines exam (series 18-38) — 168 practice questions.
Subtopics: Coverage A, Coverage C, Coverage D, Replacement cost, Perils, Flood exclusion, Earth movement, Liability Coverage E, Medical payments, Renters policy, Special limits, Ordinance or law, Identity theft, Liability exclusion, Fire protection class change, Burglar alarm discount, Security bars discount, Debris removal, Trees and shrubs, HO purpose, HO-3 special form, HO-5 comprehensive, HO-4 renters, HO-6 condo, HO-8 modified, Coverage B, Coverage C trailer limit, 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, Water backup endorsement, Earthquake 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, Property not covered, 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, 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. Coverage A on a New Mexico homeowners policy applies to the:
Dwelling structure
Coverage A insures the dwelling structure itself against covered perils on a homeowners policy.
2. Coverage C on a New Mexico homeowners policy insures:
Personal property of the insured
Coverage C insures the insured's personal property (contents) against covered perils on or off the premises.
3. Coverage D (loss of use) on a New Mexico homeowners policy pays for:
Extra living costs while the home is unlivable
Loss of use pays additional living expenses while the insured cannot live in the home due to a covered loss.
4. A New Mexico homeowners policy written on a replacement cost basis for the dwelling generally pays:
Repair or replacement cost without deduction for depreciation
Replacement cost coverage pays to repair or replace the damaged dwelling without deducting depreciation, subject to policy conditions.
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.
