5/28/25, 9:57 AM Idaho Property & Casualty EXAM QUESTIONS WITH COMPLETE SOLUTION GUIDE) (MULTIPLE CHOICES) A+ GRADED …
Idaho Property & Casualty EXAM QUESTIONS
WITH COMPLETE SOLUTION GUIDE) (MULTIPLE
CHOICES) A+ GRADED 100% VERIFIED
Save
Terms in this set (150)
Which of the following B
statements is false with
respect to requirements
for rates?
A) Rates may not be
inadequate
B) A purpose of the rate
regulation is to diminish
competition between
insurers
C) Rates may not be
unfairly discriminatory
D) A purpose of the rate
regulation is to regulate
cooperative action
among insurers
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,5/28/25, 9:57 AM Idaho Property & Casualty EXAM QUESTIONS WITH COMPLETE SOLUTION GUIDE) (MULTIPLE CHOICES) A+ GRADED …
The Businessowners D
Coverage Form to the
Businessowners Policy
provides coverage on
which of the following
basis?
A) Modified Perils
B) Simplified Perils
C) Broad Perils
D) Open Perils
Which of the following C
describes the coverage
of the Extra Expense
Coverage Form?
A
It covers the loss of
business income during
the period of restoration
B
It covers the expense of
disposing of spoiled
merchandise caused by a
power outage
C
It covers the necessary
additional expenses
incurred during the
period of restoration
which would not
otherwise have been
incurred in the absence
of a direct loss
D
It covers the expense of
removing the debris of a
covered direct loss
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,5/28/25, 9:57 AM Idaho Property & Casualty EXAM QUESTIONS WITH COMPLETE SOLUTION GUIDE) (MULTIPLE CHOICES) A+ GRADED …
All of the following are B
true of negligence,
except:
A
It is the failure to use
ordinary care
B
It does not require a duty
to be owed
C
It is a type of tort
D
It does not include
breach of contract
All of the following are D
Optional Coverages
under the
Businessowners Policy,
except:
A
Money and securities
B
Employee dishonesty
C
Outdoor signs
D
Personal property of
others that is in the
insured's care, custody
and control
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, 5/28/25, 9:57 AM Idaho Property & Casualty EXAM QUESTIONS WITH COMPLETE SOLUTION GUIDE) (MULTIPLE CHOICES) A+ GRADED …
Policyholder S has an B
HO-5 policy with a
$250,000 Coverage A
limit. After a strong wind
blows a mailbox into S's
front picture window,
causing $2,500 damage,
S immediately buys $250
of wood and plastic
sheeting to cover the
damaged window and
prevent further damage.
How much will S's policy
pay?
A
$2,250
B
$2,750
C
$250
D
$500
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Idaho Property & Casualty EXAM QUESTIONS
WITH COMPLETE SOLUTION GUIDE) (MULTIPLE
CHOICES) A+ GRADED 100% VERIFIED
Save
Terms in this set (150)
Which of the following B
statements is false with
respect to requirements
for rates?
A) Rates may not be
inadequate
B) A purpose of the rate
regulation is to diminish
competition between
insurers
C) Rates may not be
unfairly discriminatory
D) A purpose of the rate
regulation is to regulate
cooperative action
among insurers
https://quizlet.com/1048929278/idaho-property-casualty-exam-questions-with-complete-solution-guide-multiple-choices-a-graded-100-verified-fl… 1/100
,5/28/25, 9:57 AM Idaho Property & Casualty EXAM QUESTIONS WITH COMPLETE SOLUTION GUIDE) (MULTIPLE CHOICES) A+ GRADED …
The Businessowners D
Coverage Form to the
Businessowners Policy
provides coverage on
which of the following
basis?
A) Modified Perils
B) Simplified Perils
C) Broad Perils
D) Open Perils
Which of the following C
describes the coverage
of the Extra Expense
Coverage Form?
A
It covers the loss of
business income during
the period of restoration
B
It covers the expense of
disposing of spoiled
merchandise caused by a
power outage
C
It covers the necessary
additional expenses
incurred during the
period of restoration
which would not
otherwise have been
incurred in the absence
of a direct loss
D
It covers the expense of
removing the debris of a
covered direct loss
https://quizlet.com/1048929278/idaho-property-casualty-exam-questions-with-complete-solution-guide-multiple-choices-a-graded-100-verified-fl… 2/100
,5/28/25, 9:57 AM Idaho Property & Casualty EXAM QUESTIONS WITH COMPLETE SOLUTION GUIDE) (MULTIPLE CHOICES) A+ GRADED …
All of the following are B
true of negligence,
except:
A
It is the failure to use
ordinary care
B
It does not require a duty
to be owed
C
It is a type of tort
D
It does not include
breach of contract
All of the following are D
Optional Coverages
under the
Businessowners Policy,
except:
A
Money and securities
B
Employee dishonesty
C
Outdoor signs
D
Personal property of
others that is in the
insured's care, custody
and control
https://quizlet.com/1048929278/idaho-property-casualty-exam-questions-with-complete-solution-guide-multiple-choices-a-graded-100-verified-fl… 3/100
, 5/28/25, 9:57 AM Idaho Property & Casualty EXAM QUESTIONS WITH COMPLETE SOLUTION GUIDE) (MULTIPLE CHOICES) A+ GRADED …
Policyholder S has an B
HO-5 policy with a
$250,000 Coverage A
limit. After a strong wind
blows a mailbox into S's
front picture window,
causing $2,500 damage,
S immediately buys $250
of wood and plastic
sheeting to cover the
damaged window and
prevent further damage.
How much will S's policy
pay?
A
$2,250
B
$2,750
C
$250
D
$500
https://quizlet.com/1048929278/idaho-property-casualty-exam-questions-with-complete-solution-guide-multiple-choices-a-graded-100-verified-fl… 4/100
