PERSONAL LINES FINAL EXAM QUESTIONS WITH 100- CORRECT ANSWERS-NEWEST -UPDATEGRADE A+ ASSURED .pdf

PERSONAL LINES FINAL EXAM
QUESTIONS WITH 100% CORRECT
ANSWERS/NEWEST UPDATE/GRADE
A+ ASSURED 2026-2027
WhatBpartBofBtheBpolicyBlistsBtheBrules,Bduties,BandBobligationsBofBtheBinsuredBandBi
nsurer?

A)BDeclarationsBPage

B)BInsuringBAgreement

C)Bconditions

D)BexclusionsB-BAnswerBC)BConditions



TheBdirectiveBthatBstatesBtheBviolationBcommittedBandBrequiresBanBagentBtoBstopBthe
BillegalBacitivityBisBcalled:B

A)BshowBcauseBorder

B)BsubpoenaB

C)Btort

D)BceaseBandBdesistBorderB-BAnswerBD)BceaseBandBdesistBorder



ExtendedBCoverageB(EC)BincludeBallBofBtheBfollowingBperils,BEXCEPT:

A)Bwind

B)Briot

C)Bsmoke

D)BvandalismB-BAnswerBD)Bvandalism



ABdeviceBwhichBisBusedBtoBminimizeBsmallBnuisanceBclaims,BlowerBinsuranceBpremiu
ms,BandBreduceBmoraleBhazardsBisBcalled:

A)Barbitration

B)Bdeductible

,C)BvaluedBpolicy

D)BcoinsuranceB-BAnswerBDeductible



AllBofBtheBfollowingBperilsBareBcovered,BinBaBPERSONALBARTICLESBFLOATERB(PAF),BEX
CEPT:

A)BinherentBvice

B)Bflood

C)BEarthquake

D)BtheftB-BAnswerBA)BInherentBvice



TheBpolicyholderBhasBaBliabilityBofB$300,000BandBcausedBanBaccidentBinjuringBoneBpe
rsonBinBtheBamountBofB$250,000BandBanotherBpersonBinBtheBamountBofB$150,000.B
WhatBlimitBofBcoverageBappliesBtoBtheBloss?

A)B$150,000

B)B$300,000

C)B$250,000

D)B$400,000B-BAnswerBB)B$300,000



EligibleBvehiclesBareBdescribedBinBtheBPersonalBAutoBPolicy.BWhichBofBtheBfollowingBv
ehiclesBisBNOTBeligible?B

A)BABnewlyBacquiredBsedan

B)BanBownedBSUV

C)BABvanBusedBasBaBtemporaryBsubstituteB

D)BaBtruckBusedBtoBmakeBdeliveriesB-BAnswerBD)BaBtruckBusedBtoBmakeBdeliveries



WhatBisBtheBdeductibleBinBanBUNINSUREDBMOTORISTBCLAIM?B

A)B$100

B)B$200

C)B$250

, D)B$500B-BAnswerBB)B$200



InBorderBforBanBinsurerBtoBmeetBtheirBobligationBtoBanBinsured,B"insurableBinterest"B
mustBexist:

A)BAtBtheBtimeBtheBlossBoccurs

B)BAtBtheBtimeBtheBapplicationBisBmadeBforBtheBinsurance

C)BAtBtheBtimeBofBapplicationBorBatBtheBtimeBofBloss

D)BatBtheBtimeBofBapplicationBandBatBtheBtimeBofBlossB-
BAnswerBA)BAtBtheBtimeBtheBlossBoccurs



ABcustomer'sBresponseBtoBaBquestionBtoBtheBbestBofBtheirBknowledgeBorBbeliefBisBca
lled:

A)Bwarranty

B)BMaterialBfact

C)BMisrepresentationB

D)BRepresentationB-BAnswerBD)BRepresentation



InBVirginia,BABNAMEDBDRIVERBEXCLUSIONB(NDE)Bis:

A)BavailableBonBallBautoBpolicies

B)BOnlyBavailableBbyBendorsement

C)BRequiredBtoBexcludeBdriversBonBtheBpolicy

D)BNotBavailableBonBanBautoBpolicyB-BAnswerBD)BNotBavailableBonBanBautoBpolicy



TheBpurposeBofBtheBFAIRBplanBisBto:B

A)BgiveBtheBfederalBgovernmentBaBmajorBroleBinBprovidingBinsurance

B)BMakeBpropertyBinsuranceBavailableBforBhighBriskBpropertyBowners.

C)BRequireBcompleteBdisclosureBofBtheBreasonsBforBcancellations

D)BForceBallBinsuranceBcompaniesBtoBparticipateBinBanBinsuranceBpool.B-
BAnswerBB)BmakeBpropertyBinsuranceBavailableBforBhighBriskBpropertyBowners.