Free Homeowners Policy Concepts Practice Questions
West Virginia Property & Casualty exam — 93 practice questions.
Subtopics: Scope of 33-17A, Declination notice, Cancellation notice, Renewal notice, Permissible cancellations, Weather claim protection, Four-year policies, Alternative nonrenewal, Alternative nonrenewal notice, Prohibited declinations, Not a termination, Policy period rules, Renewal with reduced coverage, 33-17A sanctions, 33-17A remedies, Transfers within a group, 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. West Virginia's property insurance declination and termination article (33-17A) applies to coverage on real property used predominantly as a residence with no more than:
Four dwelling units
W. Va. Code 33-17A-2(a) covers residential real property of the named insured consisting of not more than four dwelling units, plus household personal property within a dwelling.
2. Which policy is excluded from West Virginia's homeowners declination, cancellation and nonrenewal article (33-17A)?
A policy issued through a residual market mechanism
W. Va. Code 33-17A-2 excludes inland marine policies and policies issued through a residual market mechanism.
3. When a West Virginia insurer declines a written homeowners application, it must:
Give a written explanation of the specific reasons at that time
W. Va. Code 33-17A-4(a) requires a written explanation of the specific reason or reasons at the time of the declination.
4. A West Virginia homeowners cancellation notice must:
Be written and state the effective date and specific reasons
W. Va. Code 33-17A-4(b) requires a written notice, delivered or mailed first class to the named insured, stating the effective date and accompanied by the specific reasons.
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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.
