Free Homeowners Policy Concepts Practice Questions
Nevada Property & Casualty exam — 81 practice questions.
Subtopics: Coverage B, HO-5 comprehensive, Inflation guard, Water backup, Intentional injury, Personal injury endorsement, Personal property replacement cost, Off-premises liability, Homeowners rating notice, 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-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. Homeowners Coverage B insures structures on the premises that are:
Separated from the dwelling, such as a detached garage or fence
Coverage B (other structures) insures structures set apart from the dwelling, such as a detached garage, shed, or fence.
2. The homeowners form that insures both the dwelling and personal property on an open-peril basis is the:
HO-5
The HO-5 comprehensive form covers both the dwelling and personal property on an open-peril basis, the broadest standard homeowners coverage.
3. An endorsement that automatically increases the dwelling coverage limit over the policy term to keep up with rising construction costs is:
Inflation guard
The inflation guard endorsement automatically raises the dwelling limit over time to help keep pace with rising rebuilding costs.
4. Damage from water that backs up through sewers or drains is generally covered only if the homeowner adds:
A water backup or sump overflow endorsement
Water that backs up through sewers or drains is generally excluded unless a water backup (sump overflow) endorsement is added.
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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.
