NJ PSI PROPERTY AND CASUALTY EXAM NEWEST 2025-
2026 ACTUAL EXAM 180 QUESTIONS AND CORRECT
DETAILED ANSWERS |ALREADY GRADED A
✅ Key Features
Newest 2025–2026 edition
Complete set of 180 high-quality exam questions
Correct, verified answers with detailed explanations
Coverage of essential topics, including:
o Property and casualty insurance fundamentals
o Risk management, claims, and underwriting
o Policy provisions, endorsements, and exclusions
o Legal and regulatory requirements in New Jersey
Modeled after the actual NJ PSI exam format
Designed to build knowledge, application, and test-taking confidence
🎯 Who This Resource Is For
Candidates preparing for the NJ PSI Property and Casualty Licensing Exam
Learners needing answer rationales to strengthen understanding of insurance
concepts
Students who want to boost exam performance and secure a passing score
Professionals seeking a refresher on New Jersey insurance rules and policies
📝 NJ PSI Property and Casualty Exam 2025–2026 | 180 Verified Questions + Detailed
Answers | Already Graded A
Employees are barred from suing employers in court to obtain compensation for injuries covered by
workers' compensation because of which of the following doctrines?
-Employer liability -Exclusive
remedy
-Workman liability
-No fault insurance - answer-Exclusive Remedy
,Which of the following would trigger coverage under business income form with extra expense
coverage?
-Carpet cleaning after a water main break
-Employee pay after a building structure is damaged
-Building inspectors fees after a loss
-Unit rent when tenant is liable - answer-Carpet Cleaning after a water main break
All of the following would be considered an insured person under Part A of a personal automobile policy
EXCEPT:
-Other persons or organizations that use the car to the extent that they share liability with the insured
person.
-Anyone using the insured's car with the insured's permission or the reasonable belief that they are
entitled to do so.
-The named insured and members of the insured's family for the ownership, maintenance and use of
any auto or trailer.
-Other persons or organizations for their liability from an accident involving an auto or trailer used by
the insured but owned by that person or organization. - answer-Other persons or organizations for their
liability from an accident involving an auto or trailer used by the insured but owned by that person or
organization.
A DP-2 policy covers all of the following EXCEPT:
-damage to awnings from weight of snow.
-damage to property caused by burglars.
-freezing of automatic fire sprinkler systems.
-accidental discharge of steam from a plumbing system. - answer-damage to awnings from weight and
snow
An extended reporting period attached to a general liability policy provides coverage in which of the
following ways?
-It provides coverage for claims made outside the policy term.
-It gives an additional 30 days coverage beyond the policy term.
-It gives an additional 10 years coverage beyond the policy term.
, -It covers any gap between the claims-made and occurrence forms. - answer-It provides coverage for
claims made outside the policy term.
Which of the following is an example of risk reduction?
-Installing a fire hose system on every floor of a building
-Carrying an adequate amount of insurance to cover any loss.
-Refusal to work in a building that is not made of brick or concrete
-Not purchasing insurance because of a past history of zero claims - answer-Installing a fire hose system
on every floor of a building
Which of the following persons is covered for accidental injury on the insured's premises under the
commercial general liability medical payments?
-a tenant of the premises
-an employee of the insured
-person injured in warfare
-a volunteer worker - answer-a volunteer worker
Which Homeowner Form covers fixtures, installations, and improvements made or acquired at the
insured's expense?
HO-6
HO-5
HO-4
HO-2 - answer-HO-4
Which policy condition is invoked when parties to an insured loss cannot agree?
-Arbitration
-Assignment
-Liberalization
-Subrogation - answer-Arbitration
2026 ACTUAL EXAM 180 QUESTIONS AND CORRECT
DETAILED ANSWERS |ALREADY GRADED A
✅ Key Features
Newest 2025–2026 edition
Complete set of 180 high-quality exam questions
Correct, verified answers with detailed explanations
Coverage of essential topics, including:
o Property and casualty insurance fundamentals
o Risk management, claims, and underwriting
o Policy provisions, endorsements, and exclusions
o Legal and regulatory requirements in New Jersey
Modeled after the actual NJ PSI exam format
Designed to build knowledge, application, and test-taking confidence
🎯 Who This Resource Is For
Candidates preparing for the NJ PSI Property and Casualty Licensing Exam
Learners needing answer rationales to strengthen understanding of insurance
concepts
Students who want to boost exam performance and secure a passing score
Professionals seeking a refresher on New Jersey insurance rules and policies
📝 NJ PSI Property and Casualty Exam 2025–2026 | 180 Verified Questions + Detailed
Answers | Already Graded A
Employees are barred from suing employers in court to obtain compensation for injuries covered by
workers' compensation because of which of the following doctrines?
-Employer liability -Exclusive
remedy
-Workman liability
-No fault insurance - answer-Exclusive Remedy
,Which of the following would trigger coverage under business income form with extra expense
coverage?
-Carpet cleaning after a water main break
-Employee pay after a building structure is damaged
-Building inspectors fees after a loss
-Unit rent when tenant is liable - answer-Carpet Cleaning after a water main break
All of the following would be considered an insured person under Part A of a personal automobile policy
EXCEPT:
-Other persons or organizations that use the car to the extent that they share liability with the insured
person.
-Anyone using the insured's car with the insured's permission or the reasonable belief that they are
entitled to do so.
-The named insured and members of the insured's family for the ownership, maintenance and use of
any auto or trailer.
-Other persons or organizations for their liability from an accident involving an auto or trailer used by
the insured but owned by that person or organization. - answer-Other persons or organizations for their
liability from an accident involving an auto or trailer used by the insured but owned by that person or
organization.
A DP-2 policy covers all of the following EXCEPT:
-damage to awnings from weight of snow.
-damage to property caused by burglars.
-freezing of automatic fire sprinkler systems.
-accidental discharge of steam from a plumbing system. - answer-damage to awnings from weight and
snow
An extended reporting period attached to a general liability policy provides coverage in which of the
following ways?
-It provides coverage for claims made outside the policy term.
-It gives an additional 30 days coverage beyond the policy term.
-It gives an additional 10 years coverage beyond the policy term.
, -It covers any gap between the claims-made and occurrence forms. - answer-It provides coverage for
claims made outside the policy term.
Which of the following is an example of risk reduction?
-Installing a fire hose system on every floor of a building
-Carrying an adequate amount of insurance to cover any loss.
-Refusal to work in a building that is not made of brick or concrete
-Not purchasing insurance because of a past history of zero claims - answer-Installing a fire hose system
on every floor of a building
Which of the following persons is covered for accidental injury on the insured's premises under the
commercial general liability medical payments?
-a tenant of the premises
-an employee of the insured
-person injured in warfare
-a volunteer worker - answer-a volunteer worker
Which Homeowner Form covers fixtures, installations, and improvements made or acquired at the
insured's expense?
HO-6
HO-5
HO-4
HO-2 - answer-HO-4
Which policy condition is invoked when parties to an insured loss cannot agree?
-Arbitration
-Assignment
-Liberalization
-Subrogation - answer-Arbitration
