Florida 2-20 Questions With Correct Answers Already Passed!!

Who may appoint a Customer Representative? Select one: A. A surplus lines agent holding a general lines license and a surplus lines license B. A general lines agent or a general lines insurance agency C. An adjuster D. An insurance company - Answer B. A general lines agent or a general lines insurance agency Mr. Smith lives in New Jersey but visits Florida each year. When does he come under the Florida NoFault system, in any 365-day period? Select one: A. After 60 days in Florida B. After 30 days in Florida C. After 14 days in Florida D. After 90 days in Florida - Answer D. After 90 days in Florida A Hospital Indemnity Policy covers which of the following expenses? Select one: A. A flat amount per day for hospital room and board B. Nursing care in the insured's home C. Medical supplies D. Surgical fees incurred in the hospital - Answer A. A flat amount per day for hospital room and board Under the Garagekeepers coverage, Section III of the Garage policy, the insured suffers a single vandalism loss to nine (9) vehicles belonging to customers. Damage is $100 per vehicle. How much will the policy pay? Select one: A. $500 B. $900C. Nothing D. $400 - Answer D. $400 Bob, an accountant of XYZ, drives his own car to the bank to make a deposit for XYZ. Bob has an at-fault accident. If XYZ carries $1,000,000 Bodily Injury/Property Damage coverage with a Symbol 2 for covered autos, and Bob carries no insurance, how much coverage is applicable for XYZ? Select one: A. No coverage B. $10,000/$20,000 Bodily Injury and $10,000 Property Damage C. $1,000,000 D. $500,000 - Answer A. No coverage Unless properly licensed an general lines agent cannot Select one: A. All of these answers are correct B. Receive any money on account for any insurer or receive money to be transmitted to an insurer for a policy, renewal, endorsement or certificate C. Solicit insurance or procure applications for insurance D. Directly or indirectly represent himself or herself to be an agent or receive, deliver or forward any insurance policy within the state - Answer A. All of these answers are correct At the time of a loss, it is found that the covered building had been vacant for the period of 75 consecutive days immediately preceding the loss. Which of the following perils would not be covered? Select one: A. All of these answers are correct B. Windstorm C. Fire D. Vandalism - Answer D. Vandalism