1|Page
Florida Personal Lines Insurance NEWEST 2026 ACTUAL EXAM TEST- COMPLETE
REAL EXAM QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED
ANSWERS) ALREADY GRADED A+ (MOST RECENT!!) THIS YEAR 2026
Florida Personal Lines –
1. Which coverage pays for temporary living expenses when a home is uninhabitable due to a
covered loss?
A. Coverage B
B. Coverage C
C. Coverage D
D. Coverage A
Answer: C
2. Florida is classified as which type of auto insurance state?
A. At-fault
B. No-fault
C. Comparative negligence
D. Strict liability
Answer: B
3. Which principle prevents an insured from profiting from a loss?
A. Subrogation
B. Insurable interest
C. Indemnity
D. Contribution
Answer: C
4. Which homeowners policy form is designed for renters?
A. HO-2
B. HO-3
C. HO-4
D. HO-6
Answer: C
2026 2027 GRADED A+
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5. Personal Injury Protection (PIP) in Florida provides up to:
A. $5,000
B. $10,000
C. $25,000
D. $50,000
Answer: B
6. Insurance contracts are considered contracts of:
A. Bailment
B. Warranty
C. Adhesion
D. Agency
Answer: C
7. Which auto coverage pays for damage caused by theft or vandalism?
A. Collision
B. Liability
C. Medical Payments
D. Comprehensive
Answer: D
8. The section of a homeowners policy that covers the dwelling is:
A. Coverage A
B. Coverage B
C. Coverage C
D. Coverage D
Answer: A
9. Which entity regulates insurance in Florida?
A. NAIC
B. Department of Insurance
C. Florida DFS
D. IRS
Answer: C
2026 2027 GRADED A+
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10. Which type of risk affects large groups of people?
A. Pure
B. Speculative
C. Particular
D. Fundamental
Answer: D
11. Property Damage Liability coverage pays for:
A. Damage to the insured vehicle
B. Injuries to others
C. Damage to another person’s property
D. Medical expenses
Answer: C
12. Which peril is normally excluded from homeowners insurance?
A. Fire
B. Lightning
C. Earthquake
D. Windstorm
Answer: C
13. Florida minimum Property Damage Liability required is:
A. $5,000
B. $10,000
C. $25,000
D. $50,000
Answer: B
14. Replacement cost coverage pays the:
A. Depreciated value
B. Market value
C. Cost to replace without depreciation
D. Purchase price
Answer: C
2026 2027 GRADED A+
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15. The insured’s consideration in an insurance contract is the:
A. Policy
B. Promise to pay claims
C. Premium
D. Application
Answer: C
16. Which coverage pays regardless of fault under homeowners liability?
A. Liability
B. Medical Payments
C. Coverage D
D. Coverage A
Answer: B
17. Uninsured motorist coverage protects against:
A. Flood damage
B. Hit-and-run drivers
C. Theft
D. Mechanical failure
Answer: B
18. Coverage B of a homeowners policy insures:
A. Personal property
B. Other structures
C. Loss of use
D. Liability
Answer: B
19. Actual Cash Value (ACV) equals:
A. Replacement cost
B. Market value
C. Replacement cost minus depreciation
D. Original cost
Answer: C
2026 2027 GRADED A+
Florida Personal Lines Insurance NEWEST 2026 ACTUAL EXAM TEST- COMPLETE
REAL EXAM QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED
ANSWERS) ALREADY GRADED A+ (MOST RECENT!!) THIS YEAR 2026
Florida Personal Lines –
1. Which coverage pays for temporary living expenses when a home is uninhabitable due to a
covered loss?
A. Coverage B
B. Coverage C
C. Coverage D
D. Coverage A
Answer: C
2. Florida is classified as which type of auto insurance state?
A. At-fault
B. No-fault
C. Comparative negligence
D. Strict liability
Answer: B
3. Which principle prevents an insured from profiting from a loss?
A. Subrogation
B. Insurable interest
C. Indemnity
D. Contribution
Answer: C
4. Which homeowners policy form is designed for renters?
A. HO-2
B. HO-3
C. HO-4
D. HO-6
Answer: C
2026 2027 GRADED A+
,2|Page
5. Personal Injury Protection (PIP) in Florida provides up to:
A. $5,000
B. $10,000
C. $25,000
D. $50,000
Answer: B
6. Insurance contracts are considered contracts of:
A. Bailment
B. Warranty
C. Adhesion
D. Agency
Answer: C
7. Which auto coverage pays for damage caused by theft or vandalism?
A. Collision
B. Liability
C. Medical Payments
D. Comprehensive
Answer: D
8. The section of a homeowners policy that covers the dwelling is:
A. Coverage A
B. Coverage B
C. Coverage C
D. Coverage D
Answer: A
9. Which entity regulates insurance in Florida?
A. NAIC
B. Department of Insurance
C. Florida DFS
D. IRS
Answer: C
2026 2027 GRADED A+
,3|Page
10. Which type of risk affects large groups of people?
A. Pure
B. Speculative
C. Particular
D. Fundamental
Answer: D
11. Property Damage Liability coverage pays for:
A. Damage to the insured vehicle
B. Injuries to others
C. Damage to another person’s property
D. Medical expenses
Answer: C
12. Which peril is normally excluded from homeowners insurance?
A. Fire
B. Lightning
C. Earthquake
D. Windstorm
Answer: C
13. Florida minimum Property Damage Liability required is:
A. $5,000
B. $10,000
C. $25,000
D. $50,000
Answer: B
14. Replacement cost coverage pays the:
A. Depreciated value
B. Market value
C. Cost to replace without depreciation
D. Purchase price
Answer: C
2026 2027 GRADED A+
, 4|Page
15. The insured’s consideration in an insurance contract is the:
A. Policy
B. Promise to pay claims
C. Premium
D. Application
Answer: C
16. Which coverage pays regardless of fault under homeowners liability?
A. Liability
B. Medical Payments
C. Coverage D
D. Coverage A
Answer: B
17. Uninsured motorist coverage protects against:
A. Flood damage
B. Hit-and-run drivers
C. Theft
D. Mechanical failure
Answer: B
18. Coverage B of a homeowners policy insures:
A. Personal property
B. Other structures
C. Loss of use
D. Liability
Answer: B
19. Actual Cash Value (ACV) equals:
A. Replacement cost
B. Market value
C. Replacement cost minus depreciation
D. Original cost
Answer: C
2026 2027 GRADED A+
