NJ PSI Property And Casualty Exam COMPREHENSIVE QUESTIONS WITH MULTIPLE CHOICES |VERIFIED & REVISED ANSWERS (NEW) 2025

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NJ PSI Property And Casualty Exam COMPREHENSIVE
QUESTIONS WITH MULTIPLE CHOICES |VERIFIED &
REVISED ANSWERS (NEW) 2025
The Mobile Home Endorsement of a Homeowners policy affords coverage to
mobile homes under the?

A. HO-1 (Basic Form)

B. HO-2 (Broad Form)

C. HO-3 (Special Form)

D. HO-2 or HO-3 (Broad and Special) - (answers)D. HO-2 or HO-3 (Broad and
Special)



All of the following are eligible for coverage under Homeowners policy except?

A. A condominium unit owner.

B. A farm owner.

C. A mobile home owner.

D. A tenant in an apartment building. - (answers)B. A farm owner.



The term Insured Location under Section II of Homeowners policies refers to all of
the following except?

A. The insured premises.

B. Farm land.

C. A non-owned premises where an insured temporarily resides.

D. A newly-acquired premises. - (answers)B. Farm land.

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All of the following would be considered insured's under a Homeowner's policy
expect?

A. Resident relatives of the insured.

B. A non-relative resident under age 21 in the care of the insured.

C. The insured's spouse if the spouse lives in the household.

D. A non-relative resident over age 21. - (answers)D. A non-relative resident over
age 21.



All of the following homeowners policies provide dwelling coverage except?

A. HO-2

B. HO-3

C. HO-4

D. HO-1 - (answers)C. HO-4



Dwelling coverage A includes all of the following except?

A. The dwelling.

B. The deck on the back of the dwelling.

C. A Gazebo.

D. Construction materials on the residence premises for use in the repair of the
dwelling. - (answers)C. A Gazebo.