AU 61 Questions with CORRECT Answers
Question:
Underwriters have several risk assessment tools available to evaluate flood loss
exposures. As a risk assessment tool, the Flood Insurance Rate Map (FIRM) does what?
Answer:
Divides a community into susceptibility zones.
Question:
Wildfire studies have demonstrated the importance of three factors as the primary
means of predicting catastrophic wildfire losses. The three factors are fuel sources,
slope of the land, and:
Answer:
Road access.
Question:
Homeowner Susan Herman has been told by her insurance agent that her outdoor
whole-house generator and well pump are especially susceptible to lightning damage.
Which one of the following equipment types or protective devices would best serve to
improve this exposure for Susan?
Answer:
Proper grounding.
Question:
The approach to measuring tornadoes is by evaluating the damage they cause. The
Enhanced Fujita Tornado Damage Scale was developed in the mid-2000s and reflects:
Answer:
The more localized nature of damage from tornadoes.
Question:
For full protection of sensitive electrical devices, including data processing equipment
and electrical motors, which one of the following precautions should generally be taken?
Answer:
The addition of interior surge protectors.
, Question:
The frequency and severity of the most costly wildfires in the U.S. have occurred in
which one of the following states?
Answer:
California.
Question:
Underwriters need to recognize when covered property is in a location susceptible to
flooding. The most widely distributed flood product produced by the U.S. Corps of
Engineers is the:
Answer:
Flood Insurance Rate Map (FIRM).
Question:
Underwriters have difficulty predicting both the frequency and severity of earthquakes
with any degree of accuracy. A key underwriting consideration for evaluating a
commercial property account for earthquake loss exposure would be:
Answer:
Areas of earthquake activity.
Question:
Hail exposure is a complicated cause of loss. Of the following factors that must be
considered by the underwriter when assessing the potential of the hail loss exposure,
which one is generally the first factor for consideration?
Answer:
The geographical location.
Question:
The National Flood Insurance Program (NFIP) provides up to what maximum amount of
insurance to property owners in special flood hazard areas?
Answer:
$1,000,000
Question:
Underwriters have several risk assessment tools available to evaluate flood loss
exposures. As a risk assessment tool, the Flood Insurance Rate Map (FIRM) does what?
Answer:
Divides a community into susceptibility zones.
Question:
Wildfire studies have demonstrated the importance of three factors as the primary
means of predicting catastrophic wildfire losses. The three factors are fuel sources,
slope of the land, and:
Answer:
Road access.
Question:
Homeowner Susan Herman has been told by her insurance agent that her outdoor
whole-house generator and well pump are especially susceptible to lightning damage.
Which one of the following equipment types or protective devices would best serve to
improve this exposure for Susan?
Answer:
Proper grounding.
Question:
The approach to measuring tornadoes is by evaluating the damage they cause. The
Enhanced Fujita Tornado Damage Scale was developed in the mid-2000s and reflects:
Answer:
The more localized nature of damage from tornadoes.
Question:
For full protection of sensitive electrical devices, including data processing equipment
and electrical motors, which one of the following precautions should generally be taken?
Answer:
The addition of interior surge protectors.
, Question:
The frequency and severity of the most costly wildfires in the U.S. have occurred in
which one of the following states?
Answer:
California.
Question:
Underwriters need to recognize when covered property is in a location susceptible to
flooding. The most widely distributed flood product produced by the U.S. Corps of
Engineers is the:
Answer:
Flood Insurance Rate Map (FIRM).
Question:
Underwriters have difficulty predicting both the frequency and severity of earthquakes
with any degree of accuracy. A key underwriting consideration for evaluating a
commercial property account for earthquake loss exposure would be:
Answer:
Areas of earthquake activity.
Question:
Hail exposure is a complicated cause of loss. Of the following factors that must be
considered by the underwriter when assessing the potential of the hail loss exposure,
which one is generally the first factor for consideration?
Answer:
The geographical location.
Question:
The National Flood Insurance Program (NFIP) provides up to what maximum amount of
insurance to property owners in special flood hazard areas?
Answer:
$1,000,000
