Free Homeowners Policy Concepts Practice Questions
West Virginia Property exam — 152 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, Eligibility, HO-3 special, HO-4 renters, HO-6 condo, HO-8 modified, Coverage C limit, Coverage B limit, Loss of use, Coverage E liability, Coverage F medical payments, Replacement cost requirement, Special limits, Standard mortgage clause, Vacant vs unoccupied, Open vs named perils, Loss assessment, Debris removal, Trees and shrubs, Ordinance or law, Appraisal condition, Business pursuits, Home day care, Personal injury, Watercraft endorsement, Fungi limitation, Permitted incidental occupancies, Identity fraud, Earthquake endorsement, Scheduled personal property, Water and sewer backup, HO-2 broad form, HO-5 comprehensive form, Coverage A dwelling, Section I vs Section II, Medical payments exclusions, Credit card and forgery coverage, Collapse additional coverage, Glass or safety glazing, Landlords furnishings, Fire department service charge, Reasonable repairs, Property removed coverage, Damage to property of others, Money special limit, Volcanic eruption, Firearms theft limit, Business property on-premises limit, Personal property replacement cost, Grave markers, Refrigerated food spoilage, Concealment or fraud condition, Intentional loss exclusion, Neglect exclusion, Power failure exclusion, Nuclear hazard exclusion, Motor vehicle liability exclusion, Aircraft liability exclusion, Severability of insurance, Loss payment condition, Our option to repair or replace, Definition of insured, Full-time student, Residence premises, HO civil authority, HO-4 Coverage C, HO-4 additions and alterations, HO-6 Coverage A, HO-3 Coverage C perils, Theft from dwelling under construction, Theft - rented to others, Watercraft property limit, Securities limit, Jewelry theft limit, Silverware theft limit, Business property off premises, Property not covered, Coverage C worldwide, Personal property at other residence, Debris removal additional amount, Tree removal, Trees perils, Loss assessment limit, Ordinance or law limit, Grave markers limit, Landlord furnishings limit, Property removed duration, Replacement cost holdback, HO underinsured RC calc, Loss settlement - contents, Medical payments time limit, Section II additional - claim expenses, First aid expenses, Watercraft liability exclusion, Business exclusion, Coverage E exclusion - insured injury, Rented property liability, Expected or intended, Section II other insurance, Section I other insurance, HO cancellation - new policy, HO nonrenewal notice, Death of named insured, Mold exclusion HO-3, Animals owned exclusion, Vacancy - vandalism HO, Inflation guard HO, Additional living expense example, Section II, HO-5 vs HO-3, HO-5 special limits, HO-8 loss settlement, HO-8 theft, HO-8 perils, Water backup, Identity fraud expense
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.
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.
