WebCE Practice Test Exam Questions and
Answers with Verified Solutions | Latest
Updated 2026
Ned just bought a homeowners - concealment
policy from Main Street Insurance Explanation:
Company. However, he did not Concealment is the deliberate withholding
disclose that he operated a lawn of
mower repair business in his material facts. If the concealed facts about
garage and that he employed two the
mechanics. On what grounds lawnmower repair business and
might the insurer deny coverage in employees
the event of a claim? would have changed the insurer's decision
- warranty violation to
- waiver and estoppel offer the insurance policy, the insurer may
- concealment void
- failure to indemnify the insurance contract if the failure to
disclose
information was intentional and the
withheld
information concerned a material fact.
,Which of the following statements - It is generally excluded but may be
correctly describes the covered
earthquake coverage in a by endorsement.
standard property insurance Explanation:
policy? Property insurance policies contain an
- Earthquake damage is covered. earthquake exclusion and only offer
- Earthquake damage cannot be coverage
covered under any circumstances. by endorsement.
- It is excluded only in select
geographical regions, but
otherwise is a covered peril.
- It is generally excluded but may
be covered by endorsement.
Which of the following is not true - The driver must fall into one of the
if a driver is covered under the categories
Personal Auto Insurance Plan? of ineligible drivers defined under the law
- The driver must accept physical Explanation:
damage based on actual cash The PAIP often covers drivers that are
value ineligible-for example they have too many
- The driver must prove he or she point-but it is not a requisite. Anyone who
was declined for coverage in the has
last 60 days been declined in the voluntary market can
- The driver must fall into one of be
the categories of ineligible drivers covered
defined under the law
- The driver can purchase either a
standard or a basic insurance
policy.
, Candace submitted an application - July 30
for a producer license and paid Explanation:
the licensing fee on June 1. She The Commissioner may issue a temporary
also obtained a temporary work work
authority on the same date. When authority which allows an applicant to work
will Candace's work authority for
expire? 60 days after submitting an application. (In
- June 30 contrast, a temporary substitute authority
- July 30 given
- August 30 to someone to act in place of a disabled or
- November 30 deceased producer lasts 180 days.)
All of the following are elements - intent
of negligence EXCEPT: Explanation:
- duty of care The four elements of negligence are a duty
- breach of the duty of care of
- intent care, breach of that duty of care,
- damages causation,
and damages (in other words, a loss or
injury)
resulting from the breach. Negligence does
not require intent on the defendant's part.
Under the DP 1 Basic Form of the - extended coverage perils
dwelling policy, coverage for Explanation:
vandalism and malicious mischief Coverage for vandalism and malicious
is available only if coverage is mischief
purchased for: may only be purchased on a DP 1 Basic
- fire Form if
- explosion the Extended Coverage perils are also
- extended coverage perils purchased.
- theft
Answers with Verified Solutions | Latest
Updated 2026
Ned just bought a homeowners - concealment
policy from Main Street Insurance Explanation:
Company. However, he did not Concealment is the deliberate withholding
disclose that he operated a lawn of
mower repair business in his material facts. If the concealed facts about
garage and that he employed two the
mechanics. On what grounds lawnmower repair business and
might the insurer deny coverage in employees
the event of a claim? would have changed the insurer's decision
- warranty violation to
- waiver and estoppel offer the insurance policy, the insurer may
- concealment void
- failure to indemnify the insurance contract if the failure to
disclose
information was intentional and the
withheld
information concerned a material fact.
,Which of the following statements - It is generally excluded but may be
correctly describes the covered
earthquake coverage in a by endorsement.
standard property insurance Explanation:
policy? Property insurance policies contain an
- Earthquake damage is covered. earthquake exclusion and only offer
- Earthquake damage cannot be coverage
covered under any circumstances. by endorsement.
- It is excluded only in select
geographical regions, but
otherwise is a covered peril.
- It is generally excluded but may
be covered by endorsement.
Which of the following is not true - The driver must fall into one of the
if a driver is covered under the categories
Personal Auto Insurance Plan? of ineligible drivers defined under the law
- The driver must accept physical Explanation:
damage based on actual cash The PAIP often covers drivers that are
value ineligible-for example they have too many
- The driver must prove he or she point-but it is not a requisite. Anyone who
was declined for coverage in the has
last 60 days been declined in the voluntary market can
- The driver must fall into one of be
the categories of ineligible drivers covered
defined under the law
- The driver can purchase either a
standard or a basic insurance
policy.
, Candace submitted an application - July 30
for a producer license and paid Explanation:
the licensing fee on June 1. She The Commissioner may issue a temporary
also obtained a temporary work work
authority on the same date. When authority which allows an applicant to work
will Candace's work authority for
expire? 60 days after submitting an application. (In
- June 30 contrast, a temporary substitute authority
- July 30 given
- August 30 to someone to act in place of a disabled or
- November 30 deceased producer lasts 180 days.)
All of the following are elements - intent
of negligence EXCEPT: Explanation:
- duty of care The four elements of negligence are a duty
- breach of the duty of care of
- intent care, breach of that duty of care,
- damages causation,
and damages (in other words, a loss or
injury)
resulting from the breach. Negligence does
not require intent on the defendant's part.
Under the DP 1 Basic Form of the - extended coverage perils
dwelling policy, coverage for Explanation:
vandalism and malicious mischief Coverage for vandalism and malicious
is available only if coverage is mischief
purchased for: may only be purchased on a DP 1 Basic
- fire Form if
- explosion the Extended Coverage perils are also
- extended coverage perils purchased.
- theft
