Free Other Personal Lines Practice Questions
New Mexico Personal Lines exam (series 18-38) — 56 practice questions.
Subtopics: Scheduled property, Personal umbrella, Underlying limits, Watercraft, Flood NFIP, Mobile home, Inland marine, Umbrella underlying limits, Flood insurance NFIP, Flood waiting period, Personal articles floater, Recreational vehicle, Personal umbrella defined, Umbrella broader coverage, NFIP maximum building limit, Definition of flood, NFIP community participation, Yacht policy, Earthquake coverage, Comprehensive Personal Liability, NFIP limits, NFIP waiting period, NFIP flood definition, NFIP covered causes, NFIP basement coverage, NFIP loss settlement, NFIP increased cost of compliance, NFIP proof of loss, NFIP exclusions, NFIP distribution, NFIP deductibles, NFIP eligibility, Private flood insurance, FAIR plans, Residual markets, Recreational vehicles, NFIP, Scheduled property deductible, Newly acquired scheduled items, Newly acquired fine arts, Scheduled property territory, Scheduled property exclusions, Fine arts breakage, Boatowners coverage, Boatowners package, Life salvage, Mobile home eligibility, Mobile home transport
Read the Other Personal Lines study guide
Sample questions & answers
1. A New Mexico insured who owns a valuable diamond ring should consider:
A scheduled personal property endorsement for the ring
A scheduled personal property endorsement insures high-value items for stated amounts beyond the policy's special limits.
2. A personal umbrella policy purchased by a New Mexico insured provides:
Liability limits above auto and home policies
A personal umbrella provides additional liability limits above the underlying home and auto policies and may cover some gaps.
3. A New Mexico personal umbrella insurer generally requires the insured to maintain:
Minimum underlying limits on auto and home
Umbrella policies require the insured to keep specified minimum underlying limits on the primary auto and home coverage.
4. Liability for a large boat owned by a New Mexico insured is generally:
Limited by the homeowners policy; a watercraft policy is better
Homeowners forms limit watercraft liability; larger boats are better insured under a separate watercraft or yacht policy.
Practice: Other Personal Lines
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.
