Free Homeowners Policy Practice Questions
Texas Personal Lines Property & Casualty exam (series InsTX-PersPC55) — 152 practice questions.
Subtopics: Increase in hazard, Surcharge for claims, Warning letter, Appliance water claims, Liquidated demand, Elected officials, 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. A Texas homeowners policy in effect more than 60 days may be cancelled if:
There is an increase in hazard within the insured's control that would raise the premium rate
Authorized reasons include nonpayment, a fraudulent claim, a TDI determination of illegality, and a rate-increasing hazard within the insured's control.
2. A Texas homeowners insurer may surcharge a renewal premium if the insured filed two or more claims, excluding natural-cause claims, in the preceding:
Three policy years
A surcharge based on sound actuarial principles may be applied for two or more countable claims in the preceding three policy years.
3. Before a Texas homeowners insurer can nonrenew because of a third claim, it must have:
Notified the insured after the second claim that another claim could cause nonrenewal
If the insurer does not send the warning after two claims within three years, it may not refuse to renew because of claims.
4. A Texas insurer may not use a prior appliance-related water damage claim against a homeowner who:
Had the remediation properly done, inspected, and certified
A properly remediated and certified appliance-related claim may not be used for rating or for issue, renewal, or cancellation decisions.
All Personal Lines Property & Casualty topics
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.
