Florida Public Final Exam 2024 Question and correct Answers
Bodily injury caused by a hit-and-run auto.
For which of the following would Uninsured motorist (UM)
coverage provide payment?
A. Physical damage caused by a hit-and-run auto.
B. Physical damage caused by an upset of the insured
auto.
C. Bodily injury caused by upset of the insured auto.
D. Bodily injury caused by a hit-and-run auto.
Trailer Interchange Coverage
Coverage for a motor carrier's liability for damage to trailers in its possession under a written trailer
interchange agreement.
False Pretense Coverage
Covers the loss of cars when people steal them through a trick or scheme
Limit of $5,000
Medical payments coverage on a CGL policy is subject to a "per-person" limit of:
Owners and Contractors Protective Liability
Part of a commercial general liability policy that protects an owner or general contractor against liability
arising out of the acts of contractors or subcontractors. It is also known as "independent contractors
liability" coverage.
,Self-Insured Retention
An amount that is deducted (DEDUCTABLE) from claims that are payable under an umbrella liability
policy and that are not covered at all by any primary policy.
$1,00,000 and $1,000, respectively.
How much coverage does the typical Homeowners policy provide,
without a requested increase, under Section 2 for liability and
medical payments?
A. $ 100,000 and $500, respectively.
B. $300,000 and $500, respectively.
C. $1,00,000 and $1,000, respectively.
D. $300,000 and $1,000, respectively.
Loss of earnings of up to $75 per day for the Named Insured's time to attend a trial or hearing.
Which of the following does NOT properly reflect an "Additional" coverage
that is included under Section 2. Liability Coverage of a typical Homeowners
policy?
A. Loss of earnings of up to $75 per day for the Named Insured's time to
attend a trial or hearing.
B. Damage to property of others in your care, custody, or control.
C. Loss assessment of $1,000.
D. First aid expense.
$500,000
, What is the minimum basic liability limit permissible under a boiler and machinery policy?
90 Days
A boiler and machinery policy affords coverage for objects at a newly acquired location for how may
days?
2 Days
How many days of disability benefits will workers compensation pay to a worker who is temporarily
disabled for 9 days?
$0
While traveling in England, an insured's purse is stolen. Damages are
$500 cash, $1,000 airline tickets, $250 miscellaneous, and $50 for the
purse. How much would be payable under the insured's DP-1 policy?
A. $1,500
B. $500
C. $0
D. $1,800
Sinkhole
Mandatory Endorsement in Florida?
$200
Disregarding any deductibles, what is the maximum amount payable under a standard HO-3 policy for
$500 stolen in cash?
Bodily injury caused by a hit-and-run auto.
For which of the following would Uninsured motorist (UM)
coverage provide payment?
A. Physical damage caused by a hit-and-run auto.
B. Physical damage caused by an upset of the insured
auto.
C. Bodily injury caused by upset of the insured auto.
D. Bodily injury caused by a hit-and-run auto.
Trailer Interchange Coverage
Coverage for a motor carrier's liability for damage to trailers in its possession under a written trailer
interchange agreement.
False Pretense Coverage
Covers the loss of cars when people steal them through a trick or scheme
Limit of $5,000
Medical payments coverage on a CGL policy is subject to a "per-person" limit of:
Owners and Contractors Protective Liability
Part of a commercial general liability policy that protects an owner or general contractor against liability
arising out of the acts of contractors or subcontractors. It is also known as "independent contractors
liability" coverage.
,Self-Insured Retention
An amount that is deducted (DEDUCTABLE) from claims that are payable under an umbrella liability
policy and that are not covered at all by any primary policy.
$1,00,000 and $1,000, respectively.
How much coverage does the typical Homeowners policy provide,
without a requested increase, under Section 2 for liability and
medical payments?
A. $ 100,000 and $500, respectively.
B. $300,000 and $500, respectively.
C. $1,00,000 and $1,000, respectively.
D. $300,000 and $1,000, respectively.
Loss of earnings of up to $75 per day for the Named Insured's time to attend a trial or hearing.
Which of the following does NOT properly reflect an "Additional" coverage
that is included under Section 2. Liability Coverage of a typical Homeowners
policy?
A. Loss of earnings of up to $75 per day for the Named Insured's time to
attend a trial or hearing.
B. Damage to property of others in your care, custody, or control.
C. Loss assessment of $1,000.
D. First aid expense.
$500,000
, What is the minimum basic liability limit permissible under a boiler and machinery policy?
90 Days
A boiler and machinery policy affords coverage for objects at a newly acquired location for how may
days?
2 Days
How many days of disability benefits will workers compensation pay to a worker who is temporarily
disabled for 9 days?
$0
While traveling in England, an insured's purse is stolen. Damages are
$500 cash, $1,000 airline tickets, $250 miscellaneous, and $50 for the
purse. How much would be payable under the insured's DP-1 policy?
A. $1,500
B. $500
C. $0
D. $1,800
Sinkhole
Mandatory Endorsement in Florida?
$200
Disregarding any deductibles, what is the maximum amount payable under a standard HO-3 policy for
$500 stolen in cash?
