Free Homeowners Policy Concepts Practice Questions
Utah Property & Casualty exam (series 17-04) — 81 practice questions.
Subtopics: HO-2 form, HO-5 form, Trees and shrubs, Credit card and forgery, Off-premises property, Inflation guard, Earth movement, Matching, Replacement cost deductible, 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-2 homeowners form provides coverage on:
Named perils for both dwelling and personal property
The HO-2 broad form insures both the dwelling and personal property against a broad list of named perils.
2. The HO-5 (comprehensive) homeowners form generally provides:
Open-peril coverage on dwelling and contents
The HO-5 comprehensive form insures both the dwelling and personal property on an open-peril (all-risk) basis.
3. A homeowners policy typically provides limited additional coverage for trees, shrubs, and plants:
Up to a percentage of Coverage A, for listed perils
Coverage for trees, shrubs, and plants is limited to a percentage of Coverage A and applies only to specified perils.
4. Many homeowners policies include limited additional coverage for:
Credit card misuse and forgery losses
Homeowners policies commonly provide a limited additional coverage for losses from credit card misuse and forgery.
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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.
