Florida 2-20 exam questions and answers
rated A
B. A general lines agent or a general lines insurance agency - correct answer
✅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
D. After 90 days in Florida - correct answer ✅Mr. Smith lives in New Jersey but
visits Florida each year. When does he come under the Florida No-Fault 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
A. A flat amount per day for hospital room and board - correct answer ✅A
Hospital Indemnity Policy covers which of the following expenses?
,Florida 2-20 exam questions and answers
rated A
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
D. $400 - correct answer ✅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. $900
C. Nothing
D. $400
A. No coverage - correct answer ✅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?
,Florida 2-20 exam questions and answers
rated A
Select one:
A. No coverage
B. $10,000/$20,000 Bodily Injury and $10,000 Property Damage
C. $1,000,000
D. $500,000
A. All of these answers are correct - correct answer ✅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
D. Vandalism - correct answer ✅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?
, Florida 2-20 exam questions and answers
rated A
Select one:
A. All of these answers are correct
B. Windstorm
C. Fire
D. Vandalism
A. The property of a guest anywhere in the world - correct answer
✅Homeowner's Coverage C - Personal Property covers each of the following
situations except?
Select one:
A. The property of a guest anywhere in the world
B. The insured's personal property while in Mexico at a secondary dwelling
C. A resident employee's contents at the insured's dwelling
D. The property of others while located at the insured's dwelling at the insured's
request
D. Property owned by another in the care of the insured was damaged in an
accident to an insured object, resulting in a claim by the owner of the property -
correct answer ✅Under a basic Boiler and Machinery Form, with no special
endorsements, which of the following losses would be covered?
rated A
B. A general lines agent or a general lines insurance agency - correct answer
✅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
D. After 90 days in Florida - correct answer ✅Mr. Smith lives in New Jersey but
visits Florida each year. When does he come under the Florida No-Fault 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
A. A flat amount per day for hospital room and board - correct answer ✅A
Hospital Indemnity Policy covers which of the following expenses?
,Florida 2-20 exam questions and answers
rated A
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
D. $400 - correct answer ✅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. $900
C. Nothing
D. $400
A. No coverage - correct answer ✅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?
,Florida 2-20 exam questions and answers
rated A
Select one:
A. No coverage
B. $10,000/$20,000 Bodily Injury and $10,000 Property Damage
C. $1,000,000
D. $500,000
A. All of these answers are correct - correct answer ✅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
D. Vandalism - correct answer ✅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?
, Florida 2-20 exam questions and answers
rated A
Select one:
A. All of these answers are correct
B. Windstorm
C. Fire
D. Vandalism
A. The property of a guest anywhere in the world - correct answer
✅Homeowner's Coverage C - Personal Property covers each of the following
situations except?
Select one:
A. The property of a guest anywhere in the world
B. The insured's personal property while in Mexico at a secondary dwelling
C. A resident employee's contents at the insured's dwelling
D. The property of others while located at the insured's dwelling at the insured's
request
D. Property owned by another in the care of the insured was damaged in an
accident to an insured object, resulting in a claim by the owner of the property -
correct answer ✅Under a basic Boiler and Machinery Form, with no special
endorsements, which of the following losses would be covered?
