Property & Casualty Practice BOARD
EVALUATION 2026 GUARANTEED PASS
ANSWERS GRADED A+
● Which property is excluded under an HO3 policy?
A) Firearms
B) Jewelry
C) Securities
D) Guard dog. Answer: D
● Which is an additional benefit that is included in a DP2 that is not
included in a DP1?
A) Debris Removal
B) Lawns, tree, shrubs
C) Reasonable repairs
D) Fire dept. services. Answer: B
● What additional coverage does a DP2 have compared to a DP1?
A) Debris Removal
B) Improvements, alterations, and additons
C) Personal liability
D) Additional living expenses. Answer: D
,● Which of the following collapse losses would be covered under an
HO3?
A) Defective workmanship completed 2 years ago
B) Known insect damage
C) Weight of contents
D) Earth movement from a volcanic eruption. Answer: C
● Mary has an HO3 policy with replacement cost coverage on the
insured buildings. The cost of replacement on the dwelling is $100,000,
and the other structure (a garage) is $20,000. To be certain of
replacement cost coverage on a partial loss to either structure, she must
carry a minimum of
A) $100,000 on the dwelling; $10,000 on the garage
B) $100,000 on the dwelling; $20,000 on the garage
C) $80,000 on the dwelling; $8,000 on the garage
D) $80,000 on the dwelling; $16,000 on the garage. Answer: D
● The ordinance or law limitation in a Homeowner's policy may cause a
gap in coverage in which of the following situations?
A) The insured's home is damaged by fire and must be rebuilt to meet
present building codes. The additional cost of complying with the codes
is 50%.
, B) A community ordinance requires dog to be on a leash. The insured's
dog, running free in a park, bites a child.
C) The insured has a business occupancy that is permitted by
homeowner's rule and does not affect his coverage. However,
community laws prohibit the occupancy unless certain approvals are
obtained and fees are paid. The insured has not obtained approvals nor
paid fees prior to windstorm damage to home.
D) A law requires all swimming pools on a residential property to be
fenced and to have self-closing gates. The insured's fate is not self-
closing, and the neighbor's child goes through the gate and is severely
injured when he falls into the. Answer: A
● Which of the following loss exposures is not covered by Section II of
Ron's Homeowner's policy?
A) Ron's use of riding a lawnmower while he is mowing his lawn
B) Ron's registered/licensed personal auto while used on his own
property which includes 10 acres of undeveloped land
C) Ron's use of a motorized golf cart, while playing golf on a golf
course
D) Ron's activities while rebuilding a car for fun in his garage at home.
The car does not have an engine.. Answer: B
● What is one way in which the HO2, HO4, and HO6 are similar?
A) Perils insured against under coverage C
B) The limits provided for under coverage C
EVALUATION 2026 GUARANTEED PASS
ANSWERS GRADED A+
● Which property is excluded under an HO3 policy?
A) Firearms
B) Jewelry
C) Securities
D) Guard dog. Answer: D
● Which is an additional benefit that is included in a DP2 that is not
included in a DP1?
A) Debris Removal
B) Lawns, tree, shrubs
C) Reasonable repairs
D) Fire dept. services. Answer: B
● What additional coverage does a DP2 have compared to a DP1?
A) Debris Removal
B) Improvements, alterations, and additons
C) Personal liability
D) Additional living expenses. Answer: D
,● Which of the following collapse losses would be covered under an
HO3?
A) Defective workmanship completed 2 years ago
B) Known insect damage
C) Weight of contents
D) Earth movement from a volcanic eruption. Answer: C
● Mary has an HO3 policy with replacement cost coverage on the
insured buildings. The cost of replacement on the dwelling is $100,000,
and the other structure (a garage) is $20,000. To be certain of
replacement cost coverage on a partial loss to either structure, she must
carry a minimum of
A) $100,000 on the dwelling; $10,000 on the garage
B) $100,000 on the dwelling; $20,000 on the garage
C) $80,000 on the dwelling; $8,000 on the garage
D) $80,000 on the dwelling; $16,000 on the garage. Answer: D
● The ordinance or law limitation in a Homeowner's policy may cause a
gap in coverage in which of the following situations?
A) The insured's home is damaged by fire and must be rebuilt to meet
present building codes. The additional cost of complying with the codes
is 50%.
, B) A community ordinance requires dog to be on a leash. The insured's
dog, running free in a park, bites a child.
C) The insured has a business occupancy that is permitted by
homeowner's rule and does not affect his coverage. However,
community laws prohibit the occupancy unless certain approvals are
obtained and fees are paid. The insured has not obtained approvals nor
paid fees prior to windstorm damage to home.
D) A law requires all swimming pools on a residential property to be
fenced and to have self-closing gates. The insured's fate is not self-
closing, and the neighbor's child goes through the gate and is severely
injured when he falls into the. Answer: A
● Which of the following loss exposures is not covered by Section II of
Ron's Homeowner's policy?
A) Ron's use of riding a lawnmower while he is mowing his lawn
B) Ron's registered/licensed personal auto while used on his own
property which includes 10 acres of undeveloped land
C) Ron's use of a motorized golf cart, while playing golf on a golf
course
D) Ron's activities while rebuilding a car for fun in his garage at home.
The car does not have an engine.. Answer: B
● What is one way in which the HO2, HO4, and HO6 are similar?
A) Perils insured against under coverage C
B) The limits provided for under coverage C
