Free Property Casualty Basics Practice Questions
South Dakota Personal Lines exam — 133 practice questions.
Subtopics: Comparative negligence, Comparative negligence effect, Declarations, Insuring agreement, Exclusions, Named peril, Coinsurance, Deductible, Occurrence basis, Negligence, Liability coverage, Endorsement, Coinsurance calculation, Binders, Suit against insurer, Rating, Valued policy law, Return of premium, Policy structure DICE, Actual cash value, Replacement cost, Coinsurance purpose, Coinsurance penalty math, Coinsurance no penalty, Deductible effect, Named perils, Open perils, Burden of proof, Subrogation, Salvage, Appraisal provision, Pro rata other insurance, Vacancy, Real vs personal property, Elements of negligence, Compensatory damages, Punitive damages, Bodily injury, Property damage, Occurrence, Absolute liability, Vicarious liability, Liability limits, Binder, Stated value vs agreed value, Abandonment, Mortgagee clause, Assignment, Proximate cause, Attractive nuisance, Hold harmless agreement, Additional insured, Valued policy, Blanket vs specific, Liability vs property insurance, Duties after loss, Concurrent causation, Conditions section, Definitions section, Pair or set clause, Inflation guard, Aggregate limit, Combined single limit, Sublimit, Retention, Primary vs excess coverage, Excess other insurance clause, Escape other insurance clause, Flat cancellation, Pro rata cancellation, Short-rate cancellation, Nonrenewal, Liberalization clause, No benefit to bailee, Loss payable clause, Sue and labor, Occurrence trigger, Retroactive date, Extended reporting period, Contributory negligence, Last clear chance, Res ipsa loquitur, Assumption of risk, Negligence per se, General vs special damages, Nominal damages, Direct vs consequential loss, Time element coverage, Catastrophe, Floater, Wear and tear exclusion, Inherent vice exclusion, Mysterious disappearance, Pollution exclusion, Earth movement exclusion, Personal injury offense, Duty to defend, Defense within limits, Statute of limitations, Pure premium, Exposure unit, Reasonable repairs, Actual cash value calculation, Valuation calculation, Other insurance calculation, Pro rata refund calculation, Waiver of subrogation, Mortgage clause, Defense costs, Insurable interest limit, Deductibles, Appraisal, Appraisal costs, Proof of loss, Loss payment timing, Insurer repair option, Pair or set, Recovered property, Concealment or fraud, Service agreements, Nuclear hazard, Neglect exclusion, Power failure exclusion, Governmental action
Read the Property Casualty Basics study guide
Sample questions & answers
1. South Dakota resolves negligence claims under a comparative negligence rule that allows a plaintiff to recover only if the plaintiff's negligence was:
Slight compared with the defendant's
SDCL 20-9-2 lets a plaintiff recover when contributory negligence was slight in comparison with the defendant's, with damages reduced proportionately.
2. Under South Dakota's slight/gross comparative negligence rule, if a plaintiff's own negligence is more than slight compared with the defendant's, the plaintiff generally:
Is barred from recovering damages
Under SDCL 20-9-2 contributory negligence bars recovery unless it was slight in comparison with the defendant's negligence.
3. The part of a property policy that lists the named insured, policy period, limits, and premium is the:
Declarations page
The declarations page identifies the insured, the property, the policy period, the limits, and the premium.
4. The section of a policy that states what the insurer promises to cover is the:
Insuring agreement
The insuring agreement sets out the insurer's promise and the scope of the coverage provided.
Practice: Property Casualty Basics
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.
