STATE FARM HOMEOWNER POLICY
FP-7955 DEDUCIBLE CERTIFICATION
SCRIPT 2026 QUESTIONS WITH
SOLUTIONS GRADED A+
◍ Additional Coverages under Section II Liability in the Homeowners policy
include: (a) claims expense, (b) first aid expenses, (c) damage to property of
others, and ?.
Answer: loss assessment
◍ Hurricane deductibles apply per ?.
Answer: year
◍ The Homeowners policy covers _____________ in any type of building..
Answer: renters
◍ Your insured is inquiring to purchase a policy for a condo unit they are
planning to lease to a third party. Which policy form should the policy be
written on?.
Answer: HO-6
◍ Package policy.
Answer: Multiline, includes both property and liability
◍ Homeowners Eligibility.
Answer: Owner occupied (special version for a renter), no more than
4-family dwelling, primary residence
◍ Section II- Liability of the Homeowners policy excludes liability coverage
for damage caused by a motorized vehicle which is normally used to assist a
handicapped family member if the vehicle damages property or injures third
parties while not being used in it's "_________________" capacity at the
, time of loss..
Answer: assistance
◍ Fraternal insurance.
Answer: only for membersaseguradora (tipo club), que ofrece seguros solo a
sus miembros.
◍ Mobile homes.
Answer: Require mobile home endorsement
◍ Farm dwellings.
Answer: NOT eligible for insurance
◍ Insureds.
Answer: a resident spouse, resident relatives, anyone under the age of 21 in
care of an insured, full-time student under age 24, relative, and prior
resident, representative in the event of death
◍ In the Homeowners policy "Additional Coverages" Trees, shrubs, and plants
are covered up to 5% of Coverage ___?.
Answer: Coverage A
◍ Cancellation by the insurance company.
Answer: During the first 60 days for any reason-minimum 10 days' notice
◍ warranty / Garantia.
Answer: is a statement or promise in an insurance contract that must be
completely true and strictly followed.Promesa
◍ Material misrepresentation.
Answer: is a false statement made on an insurance application that is
important to the insurer because it would affect the underwriting
decision.información falsa
◍ Statutory imposed vicarious liability is capped under the Homeowners
policy at: __________..
Answer: $10,000
◍ Nonpayment of premium.
FP-7955 DEDUCIBLE CERTIFICATION
SCRIPT 2026 QUESTIONS WITH
SOLUTIONS GRADED A+
◍ Additional Coverages under Section II Liability in the Homeowners policy
include: (a) claims expense, (b) first aid expenses, (c) damage to property of
others, and ?.
Answer: loss assessment
◍ Hurricane deductibles apply per ?.
Answer: year
◍ The Homeowners policy covers _____________ in any type of building..
Answer: renters
◍ Your insured is inquiring to purchase a policy for a condo unit they are
planning to lease to a third party. Which policy form should the policy be
written on?.
Answer: HO-6
◍ Package policy.
Answer: Multiline, includes both property and liability
◍ Homeowners Eligibility.
Answer: Owner occupied (special version for a renter), no more than
4-family dwelling, primary residence
◍ Section II- Liability of the Homeowners policy excludes liability coverage
for damage caused by a motorized vehicle which is normally used to assist a
handicapped family member if the vehicle damages property or injures third
parties while not being used in it's "_________________" capacity at the
, time of loss..
Answer: assistance
◍ Fraternal insurance.
Answer: only for membersaseguradora (tipo club), que ofrece seguros solo a
sus miembros.
◍ Mobile homes.
Answer: Require mobile home endorsement
◍ Farm dwellings.
Answer: NOT eligible for insurance
◍ Insureds.
Answer: a resident spouse, resident relatives, anyone under the age of 21 in
care of an insured, full-time student under age 24, relative, and prior
resident, representative in the event of death
◍ In the Homeowners policy "Additional Coverages" Trees, shrubs, and plants
are covered up to 5% of Coverage ___?.
Answer: Coverage A
◍ Cancellation by the insurance company.
Answer: During the first 60 days for any reason-minimum 10 days' notice
◍ warranty / Garantia.
Answer: is a statement or promise in an insurance contract that must be
completely true and strictly followed.Promesa
◍ Material misrepresentation.
Answer: is a false statement made on an insurance application that is
important to the insurer because it would affect the underwriting
decision.información falsa
◍ Statutory imposed vicarious liability is capped under the Homeowners
policy at: __________..
Answer: $10,000
◍ Nonpayment of premium.
