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FLORIDA 2-20 STATE EXAM LATEST 2026-2027 ACTUAL EXAM WITH
COMPLETE QUESTIONS AND CORRECT DETAILED ANSWERS (100%
VERIFIED ANSWERS) |ALREADY GRADED A+| ||PROFESSOR
VERIFIED|| ||BRANDNEW!!!||
In the Personal Articles Floater (PAF) policy the 'pairs, sets and
parts provision reserves the insurance companies right to:
deny any claim that is a partial loss
elect to repair or replace or to restore the pair or set to a
depreciated value, or to pay the insured a flat amount for the
partial loss not to exceed $500
elect to repair or replace or to restore the pair or set to original
value, or to pay the difference between ACV before and after the
loss
the PAF does not have a 'pairs sets and parts provision' -
ANSWER-elect to repair or replace or to restore the pair or set to
original value, or to pay the difference between ACV before and
after the loss
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Coverage D — "Loss of Use" in the Homeowners policy (HO-3)
covers increases over normal living costs if damage from a
covered peril makes the residence _____________.
uninhabitable
unstable
unreliable
under-valued - ANSWER-uninhabitable
In the Homeowners Insurance Policy, what is the 'specific limits'
listed in the policy for the following classes of personal property:
securities; watercraft and related equipment; trailers; theft of
jewelry, watches, furs and precious stones; electronic apparatus
in a motorized vehicle; and electronics used primary for business
purposes while away from the residence premises?
$500
$1,500
$3,500
$7,500 - ANSWER-$1,500
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In the Dwelling Fire Policy Coverage D - Fair Rental Value
protects the insured for loss of fair rent IF:
the dwelling is damaged by a covered peril
the dwelling is uninhabitable
payments made compensate the insured only for the necessary
period of restoration
all of the above - ANSWER-all of the above
The Broad Form DP-2 policy includes all of the DP-1 coverages
and adds which of the following perils (choose as many as apply).
falling objects
weight of ice, snow or sleet
volcanic eruption
flooding
nuclear
accidental discharge or overflow of water - ANSWER-falling
objects
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weight of ice, snow or sleet
volcanic eruption
accidental discharge or overflow of water
The 'additional coverages' section of the Homeowners Insurance
Policy provides up to $_____ coverage for property damage to
property of others caused by the insured irrespective of legal
liability.
$100
$500
$1,000
$5,000 - ANSWER-$1,000
True or False? Symbol 31 showing Specified Causes of Loss
would cover fire damaged to an insured's tow truck.
True
False - ANSWER-False
FLORIDA 2-20 STATE EXAM LATEST 2026-2027 ACTUAL EXAM WITH
COMPLETE QUESTIONS AND CORRECT DETAILED ANSWERS (100%
VERIFIED ANSWERS) |ALREADY GRADED A+| ||PROFESSOR
VERIFIED|| ||BRANDNEW!!!||
In the Personal Articles Floater (PAF) policy the 'pairs, sets and
parts provision reserves the insurance companies right to:
deny any claim that is a partial loss
elect to repair or replace or to restore the pair or set to a
depreciated value, or to pay the insured a flat amount for the
partial loss not to exceed $500
elect to repair or replace or to restore the pair or set to original
value, or to pay the difference between ACV before and after the
loss
the PAF does not have a 'pairs sets and parts provision' -
ANSWER-elect to repair or replace or to restore the pair or set to
original value, or to pay the difference between ACV before and
after the loss
,2|Page
Coverage D — "Loss of Use" in the Homeowners policy (HO-3)
covers increases over normal living costs if damage from a
covered peril makes the residence _____________.
uninhabitable
unstable
unreliable
under-valued - ANSWER-uninhabitable
In the Homeowners Insurance Policy, what is the 'specific limits'
listed in the policy for the following classes of personal property:
securities; watercraft and related equipment; trailers; theft of
jewelry, watches, furs and precious stones; electronic apparatus
in a motorized vehicle; and electronics used primary for business
purposes while away from the residence premises?
$500
$1,500
$3,500
$7,500 - ANSWER-$1,500
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In the Dwelling Fire Policy Coverage D - Fair Rental Value
protects the insured for loss of fair rent IF:
the dwelling is damaged by a covered peril
the dwelling is uninhabitable
payments made compensate the insured only for the necessary
period of restoration
all of the above - ANSWER-all of the above
The Broad Form DP-2 policy includes all of the DP-1 coverages
and adds which of the following perils (choose as many as apply).
falling objects
weight of ice, snow or sleet
volcanic eruption
flooding
nuclear
accidental discharge or overflow of water - ANSWER-falling
objects
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weight of ice, snow or sleet
volcanic eruption
accidental discharge or overflow of water
The 'additional coverages' section of the Homeowners Insurance
Policy provides up to $_____ coverage for property damage to
property of others caused by the insured irrespective of legal
liability.
$100
$500
$1,000
$5,000 - ANSWER-$1,000
True or False? Symbol 31 showing Specified Causes of Loss
would cover fire damaged to an insured's tow truck.
True
False - ANSWER-False
