FLORIDA PERSONAL LINES EXAM
QUESTIONS
1. Under Part A of a Personal Auto Policy, which of the following losses would
be covered?
A.) Damage to property being transported by the insured
B.) Damage to a neighbor's parked car
C.) Damage to a neighbor's lawn mower in the care of the insured
D.) Damage to the home the insured owns
Answer B.) Damage to a neighbor's parked car
2. Which of the following is true regarding the Fine Arts Floater?
A.) Coverage is limited to the United States, Canada, and Mexico
B.) Coverage is primarily for stamps and coins
C.) It provides automatic coverage on newly acquired items for 90 days
,D.) It settles losses on an ACV basis
Answer C.) It provides automatic coverage on newly acquired items for 90 days
3. All of the following statements are correct about a Homeowners Policy, ex-
cept
A.) Home schooling is covered under a Homeowners Policy
B.) Coverage D of a Homeowners Policy includes loss of income from an inci-
dental business
C.) A Homeowners Policy will not cover theft of a boat away from premises
D.) Coverage D of a Homeowners Policy covers additional living expenses
Answer B.) Coverage D of a Homeowners Policy includes loss of income from an incidental business
4. Under disability income insurance, a monthly benefit will be of the
insured's monthly income.
A.) 80 1/2%
B.) 66 2/3%
,C.) 70 2/3%
D.) 50 3/4%
Answer B.) 66 2/3%
5. All of the following items of property are considered property not covered
under Coverage C of a Homeowners policy, except
, A.) Credit cards
B.) Personal property of a guest
C.) Pets
D.) Personal property of a tenant
Answer B.) Personal property of a guest
6. Which of the following is NOT a purpose of licensing?
A.) For the applicant to be familiar with the Florida insurance laws
B.) To authorize and enable the licensee to actively and in good faith engage in
the insurance business as an agent
C.) To facilitate the public supervision of such activities in the public interest
D.) To authorize the agent to insure risks
Answer D.) To authorize the agent to insure risks
7. Liability coverage provided by a Personal Auto policy would cover which of
the following damages?
QUESTIONS
1. Under Part A of a Personal Auto Policy, which of the following losses would
be covered?
A.) Damage to property being transported by the insured
B.) Damage to a neighbor's parked car
C.) Damage to a neighbor's lawn mower in the care of the insured
D.) Damage to the home the insured owns
Answer B.) Damage to a neighbor's parked car
2. Which of the following is true regarding the Fine Arts Floater?
A.) Coverage is limited to the United States, Canada, and Mexico
B.) Coverage is primarily for stamps and coins
C.) It provides automatic coverage on newly acquired items for 90 days
,D.) It settles losses on an ACV basis
Answer C.) It provides automatic coverage on newly acquired items for 90 days
3. All of the following statements are correct about a Homeowners Policy, ex-
cept
A.) Home schooling is covered under a Homeowners Policy
B.) Coverage D of a Homeowners Policy includes loss of income from an inci-
dental business
C.) A Homeowners Policy will not cover theft of a boat away from premises
D.) Coverage D of a Homeowners Policy covers additional living expenses
Answer B.) Coverage D of a Homeowners Policy includes loss of income from an incidental business
4. Under disability income insurance, a monthly benefit will be of the
insured's monthly income.
A.) 80 1/2%
B.) 66 2/3%
,C.) 70 2/3%
D.) 50 3/4%
Answer B.) 66 2/3%
5. All of the following items of property are considered property not covered
under Coverage C of a Homeowners policy, except
, A.) Credit cards
B.) Personal property of a guest
C.) Pets
D.) Personal property of a tenant
Answer B.) Personal property of a guest
6. Which of the following is NOT a purpose of licensing?
A.) For the applicant to be familiar with the Florida insurance laws
B.) To authorize and enable the licensee to actively and in good faith engage in
the insurance business as an agent
C.) To facilitate the public supervision of such activities in the public interest
D.) To authorize the agent to insure risks
Answer D.) To authorize the agent to insure risks
7. Liability coverage provided by a Personal Auto policy would cover which of
the following damages?
