Free Homeowners Policy Concepts Practice Questions
Pennsylvania Property & Casualty exam (series 16-06) — 72 practice questions.
Subtopics: 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-5 comprehensive, 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. The HO-3 (Special Form) provides what type of coverage?
Open perils on the dwelling and named perils on personal property
The HO-3 insures the dwelling and other structures on an open-peril basis and personal property on a named-peril basis.
2. Which Homeowners form is designed for tenants who rent their residence?
HO-4
The HO-4 is the contents and liability form for renters; it provides no coverage on the building itself.
3. The HO-6 Homeowners form is designed for:
Condominium unit owners
The HO-6 is the unit-owners form for condominium and cooperative owners, covering personal property and limited building items.
4. Under the ISO HO-3 (2011), Coverage C covers personal property owned or used by an insured:
While it is anywhere in the world
The 2011 HO-3 covers personal property owned or used by an insured anywhere in the world; a separate 10% limit applies to property usually kept at another residence.
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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.
