STATE FARM FIRE INDEPENDENT POLICY EXAM
2026 FINAL TEST SOLVED QUESTIONS WITH
FULL SOLUTION ALREADY PASSED
◉ Joe Smith has a HO-3 policy. He is a carpenter and has collected
100 2"X4" studs and 30 2"X6" rafters from various job sites. Joe has
no specific plans to use the lumber. The lumber is covered under
Coverage A.
True or False.
Answer: False
◉ Under an HO-3 policy, which of the following would be a Coverage
B item?
Select the single best answer:
A. Satellite dish bolted to the eave of the house
B. Free standing gas range
C. Built-in microwave oven
D. Automatic garage door opener
E. Water softener system.
,Answer: Free Standing gas range
◉ Under an HO-3 policy, which of the following would not be a
Coverage A item?
Select the single best answer:
A. Automatic lawn sprinkler system
B. Wall to wall carpet attached to the dwelling
C. A new (in the box), built-in microwave oven the insured intends to
install in his fishing cabin.
D. A shed, on a foundation, rented to a neighbor to store the
neighbor's boat
E. Materials and supplies to build bookshelves in the basement of
the residence premises and stored in the garage.
Answer: E. Materials and supplies to build bookshelves in the
basement of the residence premises and stored in the garage
◉ An HO-3 homeowners policy with a $250 deductible is in force
and the policy limits (Coverage A and Coverage B) are adequate to
cover this damage. During a severe windstorm, rain blows through
open windows and causes the following damage:
Hardwood floor in the dining room $1,700
, Water stains on the drywall $ 220
Water stains on the area rug $125
Antique vase (broken by force of wind) $375
How much should you pay on this loss? All repairs have been made.
Select the single best answer:
A. $ 0
B..
Answer: 2170
◉ If a picture falls from a wall and damages an expensive statue,
under the HO-3 coverage for the statue would:
Select the single best answer:
A. Apply under the falling object peril
B. Not apply, not an insured peril
C. Apply under the collapse peril
D. Not apply since it should have been insured under a personal
articles policy
E. None of the above.
Answer: not apply, not an insured peril
2026 FINAL TEST SOLVED QUESTIONS WITH
FULL SOLUTION ALREADY PASSED
◉ Joe Smith has a HO-3 policy. He is a carpenter and has collected
100 2"X4" studs and 30 2"X6" rafters from various job sites. Joe has
no specific plans to use the lumber. The lumber is covered under
Coverage A.
True or False.
Answer: False
◉ Under an HO-3 policy, which of the following would be a Coverage
B item?
Select the single best answer:
A. Satellite dish bolted to the eave of the house
B. Free standing gas range
C. Built-in microwave oven
D. Automatic garage door opener
E. Water softener system.
,Answer: Free Standing gas range
◉ Under an HO-3 policy, which of the following would not be a
Coverage A item?
Select the single best answer:
A. Automatic lawn sprinkler system
B. Wall to wall carpet attached to the dwelling
C. A new (in the box), built-in microwave oven the insured intends to
install in his fishing cabin.
D. A shed, on a foundation, rented to a neighbor to store the
neighbor's boat
E. Materials and supplies to build bookshelves in the basement of
the residence premises and stored in the garage.
Answer: E. Materials and supplies to build bookshelves in the
basement of the residence premises and stored in the garage
◉ An HO-3 homeowners policy with a $250 deductible is in force
and the policy limits (Coverage A and Coverage B) are adequate to
cover this damage. During a severe windstorm, rain blows through
open windows and causes the following damage:
Hardwood floor in the dining room $1,700
, Water stains on the drywall $ 220
Water stains on the area rug $125
Antique vase (broken by force of wind) $375
How much should you pay on this loss? All repairs have been made.
Select the single best answer:
A. $ 0
B..
Answer: 2170
◉ If a picture falls from a wall and damages an expensive statue,
under the HO-3 coverage for the statue would:
Select the single best answer:
A. Apply under the falling object peril
B. Not apply, not an insured peril
C. Apply under the collapse peril
D. Not apply since it should have been insured under a personal
articles policy
E. None of the above.
Answer: not apply, not an insured peril
