Pennsylvania Property and Casualty Insurance Exam Latest
2026 Updated Questions and Verified 100% Solutions
(2026/2027) Grade: A+|Status: Guaranteed Pass|Covering Risk
Management, Auto, Liability, Marine, Commercial, and
Workers’ Compensation
Bind - Answers -temporary insurance contract that can be mad written or orally for a period of
30 days or less
PA Insurance Guaranty Association Act - Answers -protection to insured when the admitted
carriers become insolvent
180 days - Answers -Property insurance remains in effect for ( ) days after the insured's death or
until the end of the policy period (the later)
automatically provides the extra coverage - Answers -QOT: Standard fire policy....***
Dwelling Policy - Answers -insurance coverage for residential rental properties up to 4 units or
occupied by no more than 5 roomers
-owner or tenant occupied
-basic, broad, or special form
1|Page
,A) Dwelling
B) Other structures 10% of A
C) Personal property 10% of C
D) Fair Rental Value
E) Additional Living Expenses (Does not apply to Basic form)
DP1- ACV
DP 2&3- replacement cost value - Answers -Coverage A, B, C, D, and E of dwelling policy
Dwelling Policy - Answers -QOT: A 4 apartment building with 5 roomers or boarders would have
what coverage?
Personal Liability Supplement Coverages L & M - Answers -provides liability and medical
payments to others
Damage by flood surface water or any water is not covered - Answers -QOT: Water damage loss
that is not covered under an endorsed dwelling policy? **
Fair rental value - Answers -QOT: Coverage D for dwelling policy is..
Peak Season Coverage - Answers -QOT: When a store has more inventory during the peak
season, which coverage should they use? **
2|Page
,Ordinance or Law coverage - Answers -Coverage for loss caused by enforcement of ordinances
or laws regulating construction and repair of damaged buildings. (endorsement)
Commercial Inland Marine Coverage - Answers -created to ensure property such as cargo that
was being transported from ocean going vessels to destinations inland or within a country
-written on scheduled "open peril" basis
Anything over sea - Answers -QOT: What isn't covered under a Commericial Inland Marine
Policy? **
Covers portable property located on land, bridges, and tunnels - Answers -QOT: What is the
purpose of the Inland Marine Coverage?
Equipment Dealers Form - Answers -covers a dealers stock in trade, such as construction, agri,
and other mobile equip
monies and securities - Answers -QOT: Everything is covered under valuable papers and records
except.. **
3|Page
, Signs Form - Answers -covers neon, fluorescent, automatic or mechanical electric signs and
lamps
Contractors Equipment form - Answers -bulldozers, tractors. Written on a special or named peril
basis and coinsurance provision generally applies
Common Carriers - Answers -offer services to public at large and are legally liable for damage to
property they transport (bill of lading)
Truckers form - Answers -provides liability coverage to cover cargo of others that is being
transported. Trucker is covered if he is negligent.
Barns & other farm structures - Answers -QOT: What is included in Farm Coverage G? **
A) Dwelling
B) Other Structures (not farm structures)
C) Personal Property (non-farming) $3000 for loss of theft by firearms, $5000 for grave markers,
$500 for business prop away from premise
D) Loss of Use
E) Scheduled Farm Personal Property- does not include turkeys, crops, trees, or household
personal items
- farm personal property may also be insured on blanket basis under coverage F
F) Unscheduled Farm Personal Property- 80% coinsurance requirement
4|Page
2026 Updated Questions and Verified 100% Solutions
(2026/2027) Grade: A+|Status: Guaranteed Pass|Covering Risk
Management, Auto, Liability, Marine, Commercial, and
Workers’ Compensation
Bind - Answers -temporary insurance contract that can be mad written or orally for a period of
30 days or less
PA Insurance Guaranty Association Act - Answers -protection to insured when the admitted
carriers become insolvent
180 days - Answers -Property insurance remains in effect for ( ) days after the insured's death or
until the end of the policy period (the later)
automatically provides the extra coverage - Answers -QOT: Standard fire policy....***
Dwelling Policy - Answers -insurance coverage for residential rental properties up to 4 units or
occupied by no more than 5 roomers
-owner or tenant occupied
-basic, broad, or special form
1|Page
,A) Dwelling
B) Other structures 10% of A
C) Personal property 10% of C
D) Fair Rental Value
E) Additional Living Expenses (Does not apply to Basic form)
DP1- ACV
DP 2&3- replacement cost value - Answers -Coverage A, B, C, D, and E of dwelling policy
Dwelling Policy - Answers -QOT: A 4 apartment building with 5 roomers or boarders would have
what coverage?
Personal Liability Supplement Coverages L & M - Answers -provides liability and medical
payments to others
Damage by flood surface water or any water is not covered - Answers -QOT: Water damage loss
that is not covered under an endorsed dwelling policy? **
Fair rental value - Answers -QOT: Coverage D for dwelling policy is..
Peak Season Coverage - Answers -QOT: When a store has more inventory during the peak
season, which coverage should they use? **
2|Page
,Ordinance or Law coverage - Answers -Coverage for loss caused by enforcement of ordinances
or laws regulating construction and repair of damaged buildings. (endorsement)
Commercial Inland Marine Coverage - Answers -created to ensure property such as cargo that
was being transported from ocean going vessels to destinations inland or within a country
-written on scheduled "open peril" basis
Anything over sea - Answers -QOT: What isn't covered under a Commericial Inland Marine
Policy? **
Covers portable property located on land, bridges, and tunnels - Answers -QOT: What is the
purpose of the Inland Marine Coverage?
Equipment Dealers Form - Answers -covers a dealers stock in trade, such as construction, agri,
and other mobile equip
monies and securities - Answers -QOT: Everything is covered under valuable papers and records
except.. **
3|Page
, Signs Form - Answers -covers neon, fluorescent, automatic or mechanical electric signs and
lamps
Contractors Equipment form - Answers -bulldozers, tractors. Written on a special or named peril
basis and coinsurance provision generally applies
Common Carriers - Answers -offer services to public at large and are legally liable for damage to
property they transport (bill of lading)
Truckers form - Answers -provides liability coverage to cover cargo of others that is being
transported. Trucker is covered if he is negligent.
Barns & other farm structures - Answers -QOT: What is included in Farm Coverage G? **
A) Dwelling
B) Other Structures (not farm structures)
C) Personal Property (non-farming) $3000 for loss of theft by firearms, $5000 for grave markers,
$500 for business prop away from premise
D) Loss of Use
E) Scheduled Farm Personal Property- does not include turkeys, crops, trees, or household
personal items
- farm personal property may also be insured on blanket basis under coverage F
F) Unscheduled Farm Personal Property- 80% coinsurance requirement
4|Page
