NJ Property Producer Exam
Questions and Answers Updated
2026
DwellingBPolicyB-BAnswerOnlyBinsuresBproperty
DP-1B-BAnswerBasicBForm
DP-2B-BAnswerBroadBForm
DP-3B-BAnswerSpecialBForm
DwellingBCoverageBAB-BAnswerDwelling-
BCoversBdwelling,BstructuresBattachedBtoBdwelling,BandBmaterials/suppliesBforBtheBdwelling.
DwellingBCoverageBBB-BAnswerOtherBStructures-
BInsuresBbuildingsBonBpremiseBbutBseparateBfromBtheBdwelling.
DwellingBCoverageBCB-BAnswerPersonalBProperty-
BCoversBtheBinsured'sBpersonalBpropertyBandBmustBbeBrequested.BIfBrentalBproperty,BaBtenan
t'sBpropertyBisBnotBcovered.
DwellingBCoverageBDB-BAnswerFairBRentalBValue-
BCoversBinsuredBinBtheBeventBaBcoveredBlossBmakesBtheBrentalBportionBofBaBpropertyBunfitBf
orBnormalBuse.
DwellingBCoverageBEB-BAnswerAdditionalBLivingBExpense-BIncludedBinBDP-2B&BDP-
3BandBpaysBforBadditionalBlivingBexpensesBtheBinsuredBincursBafterBaBloss.BDP-
1BbyBendorsement.
HO-2B-BAnswerBroadBForm.BOwnerBOccupied
HO-3B-BAnswerSpecialBForm.BOwnerBOccupied
, HO-4B-BAnswerTenantsBorBRenters.
HO-5B-BAnswerComprehensiveBFormB(Open).BCoversBeverythingBminusBnamedBexclusions.
HO-6B-BAnswerCondominiumBOwners
HO-8B-BAnswerModifiedBform.BForBspecialBRisks.BThinkBAntiqueBhomes.
MobileBHomesB-
BAnswerByBendorsementBtoBaBDPBorBHOBpolicy.BCanBbeBaBseparateBpolicy.BInsuresBhome,Bot
herBstructuresB(10%)BandBcontents.BPersonalBpropertyB-
B40%BofBcoverage.BPermanentBFoundation.
TimeBElementBCoverageBFormsB-
BAnswerBusinessBIncome.BCoversBlossBofBincomeBandBexpensesBdueBtoBsuspensionBofBbusine
ssBfollowingBaBcoveredBloss.
CommercialBPackageBPolicyB(CPP)B-BAnswerMustBhaveBatBleastB2BkindsBofBcoverage.
CPP'sBcan'tBcontain:B-
BAnswerWorkers'BCompensation,BLifeBInsurance,BHealthBandBDisabilityBInsurance,BCertainBtype
sBofBProfessionalBLiability
EquipmentBBreakdownBCoverageB-
BAnswerNOTBaBmaintenanceBpolicy,BDesignedBtoBcoverBbreakdown,BFailureBofBpressureBorBva
cuumBequipment,BMechanicalBfailureB(includingBruptureBorBburstingBcausedBbyBcentrifugalBfor
ce),BElectricalBfailure.
Business-ownersBPolicyB-BAnswerSimilarBtoBCPP,BbutBmoreBforBsmallBbusinessBowners.
InlandBMarineB-BAnswerInsuranceBforBpropertyBinBtransit
PersonalBFloatersB-
BAnswerForBindividualsBwhoBwantBtoBinsureBtheirBbelongingsBwhileBtraveling.
Questions and Answers Updated
2026
DwellingBPolicyB-BAnswerOnlyBinsuresBproperty
DP-1B-BAnswerBasicBForm
DP-2B-BAnswerBroadBForm
DP-3B-BAnswerSpecialBForm
DwellingBCoverageBAB-BAnswerDwelling-
BCoversBdwelling,BstructuresBattachedBtoBdwelling,BandBmaterials/suppliesBforBtheBdwelling.
DwellingBCoverageBBB-BAnswerOtherBStructures-
BInsuresBbuildingsBonBpremiseBbutBseparateBfromBtheBdwelling.
DwellingBCoverageBCB-BAnswerPersonalBProperty-
BCoversBtheBinsured'sBpersonalBpropertyBandBmustBbeBrequested.BIfBrentalBproperty,BaBtenan
t'sBpropertyBisBnotBcovered.
DwellingBCoverageBDB-BAnswerFairBRentalBValue-
BCoversBinsuredBinBtheBeventBaBcoveredBlossBmakesBtheBrentalBportionBofBaBpropertyBunfitBf
orBnormalBuse.
DwellingBCoverageBEB-BAnswerAdditionalBLivingBExpense-BIncludedBinBDP-2B&BDP-
3BandBpaysBforBadditionalBlivingBexpensesBtheBinsuredBincursBafterBaBloss.BDP-
1BbyBendorsement.
HO-2B-BAnswerBroadBForm.BOwnerBOccupied
HO-3B-BAnswerSpecialBForm.BOwnerBOccupied
, HO-4B-BAnswerTenantsBorBRenters.
HO-5B-BAnswerComprehensiveBFormB(Open).BCoversBeverythingBminusBnamedBexclusions.
HO-6B-BAnswerCondominiumBOwners
HO-8B-BAnswerModifiedBform.BForBspecialBRisks.BThinkBAntiqueBhomes.
MobileBHomesB-
BAnswerByBendorsementBtoBaBDPBorBHOBpolicy.BCanBbeBaBseparateBpolicy.BInsuresBhome,Bot
herBstructuresB(10%)BandBcontents.BPersonalBpropertyB-
B40%BofBcoverage.BPermanentBFoundation.
TimeBElementBCoverageBFormsB-
BAnswerBusinessBIncome.BCoversBlossBofBincomeBandBexpensesBdueBtoBsuspensionBofBbusine
ssBfollowingBaBcoveredBloss.
CommercialBPackageBPolicyB(CPP)B-BAnswerMustBhaveBatBleastB2BkindsBofBcoverage.
CPP'sBcan'tBcontain:B-
BAnswerWorkers'BCompensation,BLifeBInsurance,BHealthBandBDisabilityBInsurance,BCertainBtype
sBofBProfessionalBLiability
EquipmentBBreakdownBCoverageB-
BAnswerNOTBaBmaintenanceBpolicy,BDesignedBtoBcoverBbreakdown,BFailureBofBpressureBorBva
cuumBequipment,BMechanicalBfailureB(includingBruptureBorBburstingBcausedBbyBcentrifugalBfor
ce),BElectricalBfailure.
Business-ownersBPolicyB-BAnswerSimilarBtoBCPP,BbutBmoreBforBsmallBbusinessBowners.
InlandBMarineB-BAnswerInsuranceBforBpropertyBinBtransit
PersonalBFloatersB-
BAnswerForBindividualsBwhoBwantBtoBinsureBtheirBbelongingsBwhileBtraveling.
