Florida Personal Lines Exam 2025/2026 QUESTIONS AND
ANSWERS GUARANTEE A+
Under disability income insurance, a monthly benefit will be ________ of the insured's monthly
income.
A.) 80 1/2%
B.) 66 2/3%
C.) 70 2/3%
D.) 50 3/4% - B.) 66 2/3%
All of the following items of property are considered property not covered under Coverage C of
a Homeowners policy, except:
A.) Credit cards
B.) Personal property of a guest
C.) Pets
D.) Personal property of a tenant - B.) Personal property of a guest
Which of the following is NOT a purpose of licensing?
A.) For the applicant to be familiar with the Florida insurance laws
B.) To authorize and enable the licensee to actively and in good faith engage in the insurance
business as an agent
C.) To facilitate the public supervision of such activities in the public interest
D.) To authorize the agent to insure risks - D.) To authorize the agent to insure risks
,Liability coverage provided by a Personal Auto policy would cover which of the following
damages?
A.) Damage to property being transported by the insured in a covered auto
B.) Damage to a private garage rented to the insured, caused by the insured's child driving a
covered auto
C.) Damage to a neighbor's riding lawn mower that is in the care of the insured
D.) Damage to a storefront caused by a valet driver operating a covered auto - B.) Damage to a
private garage rented to the insured, caused by the insured's child driving a covered auto
Which policy provision omits certain risks from coverage?
A.) Conditions
B.) Additional Coverages
C.) Exclusions
D.) Declarations - C.) Exclusions
When an underlying policy does not cover a particular loss, the insured's Umbrella Liability
policy will drop down and cover the entire loss, after payment by the insured of a:
A.) Deductible
B.) Self-insured retention
C.) Copayment
D.) Commission - B.) Self-insured retention
Liability coverage may be provided by a Homeowners policy for the insured's use of which of
the following watercraft?
A.) 20-foot sailing boat
,B.) Private yacht owned by the insured
C.) Rented pontoon boat to entertain business clients
D.) Racing cruiser - A.) 20-foot sailing boat
An insured owns a home with a replacement cost of $300,000 and a market value of $250,000.
What is the most a valued policy will pay in the event of a total loss without a deductible?
A.) $240,000
B.) $250,000
C.) The policy limit
D.) $300,000 - C.) The policy limit
Policyholder J hit a deer with their Honda. J has collision coverage with a $250 deductible and
other than collision coverage with a $50 deductible. The damage to J's car was $450. How much
will the policy pay?
A.) $200
B.) Nothing
C.) $400
D.) $150 - C.) $400
Under all the Dwelling Forms, the dwelling described in the Declarations is covered under:
A.) Coverage A
B.) Coverage B
C.) Coverage E
D.) Coverage C - A.) Coverage A
, If an owner-occupied home is totally destroyed without fraud by a fire, the amount of the loss is
based on:
A.) The coinsurance value
B.) The replacement value
C.) The market value
D.) The policy limit - D.) The policy limit
A false statement in the application for insurance is called a:
A.) Warranty
B.) Concealment
C.) Representation
D.) Misrepresentation - D.) Misrepresentation
When a claimant brings a negligence claim against the insured, the court determines that the
claimant is partially responsible for the loss, and the damages they are owed is reduced by the
amount of their responsibility. This describes which defense against negligence?
A.) Comparative negligence
B.) Contributory negligence
C.) Contributory risk
D.) Comparative risk - A.) Comparative negligence
All of the following statements about liability are true, except:
A.) The burden of proof is on the injured party to prove that the other party was negligent
B.) Liability policies pay costs incurred by an insured to sue negligent third parties
ANSWERS GUARANTEE A+
Under disability income insurance, a monthly benefit will be ________ of the insured's monthly
income.
A.) 80 1/2%
B.) 66 2/3%
C.) 70 2/3%
D.) 50 3/4% - B.) 66 2/3%
All of the following items of property are considered property not covered under Coverage C of
a Homeowners policy, except:
A.) Credit cards
B.) Personal property of a guest
C.) Pets
D.) Personal property of a tenant - B.) Personal property of a guest
Which of the following is NOT a purpose of licensing?
A.) For the applicant to be familiar with the Florida insurance laws
B.) To authorize and enable the licensee to actively and in good faith engage in the insurance
business as an agent
C.) To facilitate the public supervision of such activities in the public interest
D.) To authorize the agent to insure risks - D.) To authorize the agent to insure risks
,Liability coverage provided by a Personal Auto policy would cover which of the following
damages?
A.) Damage to property being transported by the insured in a covered auto
B.) Damage to a private garage rented to the insured, caused by the insured's child driving a
covered auto
C.) Damage to a neighbor's riding lawn mower that is in the care of the insured
D.) Damage to a storefront caused by a valet driver operating a covered auto - B.) Damage to a
private garage rented to the insured, caused by the insured's child driving a covered auto
Which policy provision omits certain risks from coverage?
A.) Conditions
B.) Additional Coverages
C.) Exclusions
D.) Declarations - C.) Exclusions
When an underlying policy does not cover a particular loss, the insured's Umbrella Liability
policy will drop down and cover the entire loss, after payment by the insured of a:
A.) Deductible
B.) Self-insured retention
C.) Copayment
D.) Commission - B.) Self-insured retention
Liability coverage may be provided by a Homeowners policy for the insured's use of which of
the following watercraft?
A.) 20-foot sailing boat
,B.) Private yacht owned by the insured
C.) Rented pontoon boat to entertain business clients
D.) Racing cruiser - A.) 20-foot sailing boat
An insured owns a home with a replacement cost of $300,000 and a market value of $250,000.
What is the most a valued policy will pay in the event of a total loss without a deductible?
A.) $240,000
B.) $250,000
C.) The policy limit
D.) $300,000 - C.) The policy limit
Policyholder J hit a deer with their Honda. J has collision coverage with a $250 deductible and
other than collision coverage with a $50 deductible. The damage to J's car was $450. How much
will the policy pay?
A.) $200
B.) Nothing
C.) $400
D.) $150 - C.) $400
Under all the Dwelling Forms, the dwelling described in the Declarations is covered under:
A.) Coverage A
B.) Coverage B
C.) Coverage E
D.) Coverage C - A.) Coverage A
, If an owner-occupied home is totally destroyed without fraud by a fire, the amount of the loss is
based on:
A.) The coinsurance value
B.) The replacement value
C.) The market value
D.) The policy limit - D.) The policy limit
A false statement in the application for insurance is called a:
A.) Warranty
B.) Concealment
C.) Representation
D.) Misrepresentation - D.) Misrepresentation
When a claimant brings a negligence claim against the insured, the court determines that the
claimant is partially responsible for the loss, and the damages they are owed is reduced by the
amount of their responsibility. This describes which defense against negligence?
A.) Comparative negligence
B.) Contributory negligence
C.) Contributory risk
D.) Comparative risk - A.) Comparative negligence
All of the following statements about liability are true, except:
A.) The burden of proof is on the injured party to prove that the other party was negligent
B.) Liability policies pay costs incurred by an insured to sue negligent third parties
