Free Homeowners Policy Practice Questions
New York Personal Lines exam (series 17-54) — 152 practice questions.
Subtopics: NY homeowners endorsements, Agent termination, Homeowners cancellation, Coastal homeowners, HO purpose, HO-3 special form, HO-5 comprehensive, HO-4 renters, HO-6 condo, HO-8 modified, Coverage A, Coverage B, Coverage C trailer limit, Coverage D, 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, Ordinance or law, Water backup endorsement, Earthquake exclusion, Flood 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, Special limits, Property not covered, Debris removal, 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, Earth movement, 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. New York law requires workers' compensation coverage for a domestic worker employed by the same household employer for at least:
40 hours per week (HO 24 93 can provide it)
Workers' Compensation Law 3 (Group 12) covers domestic workers employed by the same employer for a minimum of 40 hours per week; HO 24 93 Workers Compensation - Certain Residence Employees - New York adds that coverage.
2. When an insurer terminates a New York independent agent's contract, for homeowners policies still within the required policy period the insurer generally must:
Offer to continue them through the terminated agent for at least the next one-year policy period
Insurance Law 3425(j)(1)(A) requires the insurer to offer to continue personal lines policies for the rest of the required policy period and through the terminated agent for at least the next one-year period; it must also accept the agent's qualifying new business for 120 days.
3. Which endorsement on the New York 17-54 outline amends a homeowners policy to comply with New York law?
HO 01 31 Special Provisions - New York
The DFS 17-54 content outline lists HO 01 31 as Special Provisions - New York; the other choices are coverage endorsements (scheduled property, home business, replacement cost).
4. After a New York homeowners policy has been in force 60 days, which is a permitted ground for midterm cancellation?
Willful or reckless acts that increase the hazard
Insurance Law 3425(c)(2) lists the permitted grounds: nonpayment, crime conviction increasing the hazard, fraud or material misrepresentation, willful or reckless acts increasing the hazard, physical changes making the property uninsurable, and a Superintendent determination.
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.
