IDAHO PROPERTY AND CASUALTY EXAM PREP WITH 550+ REAL EXAM QUESTIONS AND 100 CORRECT ANSWERS IDAHO PROPERTY & CASUALTY EXAM PRACTICE QUESTIONS AND CORRECT ANSWERS GRADED A(BRAND NEW!!)

Idaho Property and Casualty Insurance Exam
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Questions and Answers Updated Latest (Verified Answers)
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1. Whichgofgthegfollowinggstatementsgisgfalsegwithgrespectgtogrequirementsgfor
rates?
A) Ratesgmaygnotgbeginadequate
B) Agpurposegofgthegrategregulationgisgtogdiminishgcompetitiongbetweenginsur-
ers
g


C) Ratesgmaygnotgbegunfairlygdiscriminatory
D) Agpurposegofgthegrategregulationgisgtogregulategcooperativegactiongamongg
insurers


ANS:gB


2. ThegBusinessownersgCoveragegFormgtogthegBusinessownersgPolicygpro-
videsgcoveragegongwhichgofgthegfollowinggbasis?
g




A) ModifiedgPerils
B) SimplifiedgPerils
C) BroadgPerils
D) OpengPerils


1g/g43

, ANS:gD


3. WhichgofgthegfollowinggdescribesgthegcoveragegofgthegExtragExpensegCover-
agegForm?
g


A
Itgcoversgtheglossgofgbusinessgincomegduringgthegperiodgofgrestorationg
B
Itgcoversgthegexpensegofgdisposinggofgspoiledgmerchandisegcausedgbygagpower
outage
C
Itgcoversgthegnecessarygadditionalgexpensesgincurredgduringgthegperiodgofgre
storationgwhichgwouldgnotgotherwiseghavegbeengincurredgingthegabsencegofgag
directgloss
D
Itgcoversgthegexpensegofgremovinggthegdebrisgofgagcoveredgdirectgloss


ANS:gC


4. Allgofgthegfollowinggaregtruegofgnegligence,gexcept:g
A
Itgisgthegfailuregtogusegordinarygcareg
B
Itgdoesgnotgrequiregagdutygtogbegowedg
C
Itgisgagtypegofgtortg
D
2g/g43

,Itgdoesgnotgincludegbreachgofgcontract


ANS:gB


5. AllgofgthegfollowinggaregOptionalgCoveragesgundergthegBusinessownersg
Policy,gexcept:




3g/g43

, A
Moneygandgsecuritiesg
B
Employeegdishonestyg
C
Outdoorgsignsg
D
Personalgpropertygofgothersgthatgisgingtheginsured'sgcare,gcustodygandgcontrol-




ANS:gD


6. PolicyholdergSghasgangHO-
5gpolicygwithgag$250,000gCoveragegAglimit.gAftergagstronggwindgblowsgagmailbo
xgintogS'sgfrontgpicturegwindow,gcausingg$2,500gdamage,gSgimmediatelygbuysg
$250gofgwoodgandgplasticgsheetinggtogcovergthegdamagedgwindowgandgprevent
g furthergdamage.gHowgmuchgwillgS'sgpolicygpay?gA
$2,250
B
$2,750
C
$250
D
$500

4g/g43