Personal Lines Review Assesment Test b b b b
With Verified Solutions b b b
Section 1 of a homeowners' policy covers all of the following, except:
B
b B
b b B B
b B
b B
b b B b B B
b B
b B
b
A- Dwelling
B
b
B- Detached garage to house the neighbor's car
B
b B
b B
b b B B
b B
b b B
C- Contents of the dwelling
b B B
b B
b B
b
D- Contents of a detached structure used as an office - correct answer-
b B B
b B
b B
b b B B
b B
b B
b B
b b B B bB
b B
b
By what other name is the DP-3 known?
B
b b B b B b B B
b B
b B
b
A- Basic form
B
b B
b
B- Personal property
B
b b B
C- Dwelling
b B
D- Fair rental value - correct answer-
b B B
b b B b B B bB
b B
b
Which of the following is covered under the DP-1?
B
b B
b b B B
b B
b b B B
b B
b
A- Falling objects
B
b b B
B- Freezing
B
b B
b
C- Lightning
b B
D- Weight of ice, snow, or sleet - correct answer-
b B b B b B B
b b B B
b B
b b B bB b B
Which of the following is not covered under Coverage A of the homeowners'
B
b B
b b B B
b B
b B
b B
b B
b B
b B
b B
b B
b
forms?
B
b
A- Attached structures
B
b b B
B- Dwelling
B
b
C- Construction materials located next to the insured premises
b B B
b B
b b B B
b B
b b B B
b
D- Land - correct answer-
b B b B b B bB B
b
What is another name for the HO-4?
B
b b B B
b b B B
b b B
A- Modified coverage form
B
b B
b B
b
B- Broad form
B
b b B
C- Tenants form
b B B
b
D- Special form - correct answer-
b B b B b B B bB
b b B
Which of the following types of property is subjected to a special sub-limit under
B
b B
b b B B
b b B B
b b B B
b B
b B
b B
b B
b B
b
Coverage C of the Homeowners policy?
B
b B
b b B B
b B
b B
b
A- Ceramic art
B
b b B
B- Tapestries
B
b
, C- Guns b B
D- Movable property - correct answer-
b B b B b B B bB
b b B
Which of the following is not a supplementary payment under Section II of the
B
b b B B
b b B B
b b B b B B
b b B B
b B
b B
b B
b
Homeowners Policy?
B
b b B
A- Defense costs
B
b B
b
B- The insured's loss of earnings
B
b B
b b B B
b b B
C- Expenses incurred by the insured at the insurer's request
b B b B B
b B
b B
b B
b B
b B
b b B
D- Claim settlement payments - correct answer-
b B B
b b B B
b B bB
b B
b
Which of the following vehicles is considered a temporary substitute auto?
B
b b B B
b b B B
b b B B
b b B B
b B
b
A- An auto being test-driven by an insured for possible purchase
B
b b B b B b B B
b B
b B
b B
b b B b B
B- A neighbor's auto borrowed by an insured over a weekend
B
b B
b b B B
b B
b B
b B
b b B B
b B
b B
b
C- A dealer's loaner car used which the insured's auto is being repaired
b B b B B
b B
b b B B
b B
b b B B
b B
b B
b B
b
D- A vehicle rented by the insured on vacation - correct answer-
b B b B b B B
b b B B
b b B b B B
b B bB
b B
b
All of the following are true concerning Section II of the Homeowners Policy
B
b b B b B B
b B
b B
b B
b b B b B B
b bB B
b
EXCEPT:
B
b
A- It provides coverage for suits brought against the insured because of bodily
B
b B
b b B b B B
b B
b B
b b B b B B
b B
b b B
injury
B
b
B- It provides coverage for suits brought against the insured because of property
B
b B
b b B b B B
b B
b B
b b B b B B
b B
b b B
damage
B
b
C- It provides a defense even if a suit against an insured is groundless, false, or
b B b B B
b b B B
b B
b B
b b B b B B
b b B b B B
b B
b B
b
fraudulent
B
b B
b
D- It provides coverage for suits brought against the insured for bodily injury even
b B b B B
b B
b b B b B b B b B b B b B B
b B
b B
b
if the injury was expected or intended by the insured - correct answer-
B
b B
b B
b b B B
b b B B
b B
b B
b B
b B
b b B bB b B
Which of the following is not covered under Part D of the Personal Auto Policy?
B
b b B B
b b B B
b b B b B B
b b B b B B
b b B B
b B
b
A- Road damage to tires
B
b B
b b B B
b
B- Earthquake
B
b
C- Floodb B
D- Riot - correct answer-
b B B
b b B bB B
b
What is covered under Coverage B of the Dwelling form?
b B B
b B
b B
b B
b B
b B
b B
b b B
A- Other Structures
B
b B
b b B
B- Personal Property
B
b B
b
C- Dwelling
b B B
b
D- Fair rental value - correct answer-
b B b B b B B
b B bB
b b B
Which of the following would not be defined as a covered auto under the Personal
B
b b B B
b b B b B B
b b B B
b B
b B
b B
b B
b b B b B
Auto Policy?
B
b B
b
A- A new vehicle acquired during the policy period as long as coverage is
B
b B
b b B b B b B b B b B b B B
b B
b B
b B
b b B
requested within 45 days of taking ownership
B
b B
b b B B
b b B b B B
b
B- A trailer owned by the insured
B
b B
b B
b B
b b B B
b
C- A temporary substitute vehicle being used while the insured vehicle is being
b B b B B
b b B B
b b B B
b B
b B
b b B B
b B
b
repaired
B
b b B
D- The vehicle listed in the declarations - correct answer-
b B b B B
b b B B
b B
b B
b B bB
b b B
Sam Smith owns a watch repair business. His customers leave their watches at
b B b B b B B
b B
b B
b B
b B
b B
b b B B
b B
b
his premises for repair. Sam would be considered a/an:
B
b B
b B
b b B B
b b B B
b B
b B
b
With Verified Solutions b b b
Section 1 of a homeowners' policy covers all of the following, except:
B
b B
b b B B
b B
b B
b b B b B B
b B
b B
b
A- Dwelling
B
b
B- Detached garage to house the neighbor's car
B
b B
b B
b b B B
b B
b b B
C- Contents of the dwelling
b B B
b B
b B
b
D- Contents of a detached structure used as an office - correct answer-
b B B
b B
b B
b b B B
b B
b B
b B
b b B B bB
b B
b
By what other name is the DP-3 known?
B
b b B b B b B B
b B
b B
b
A- Basic form
B
b B
b
B- Personal property
B
b b B
C- Dwelling
b B
D- Fair rental value - correct answer-
b B B
b b B b B B bB
b B
b
Which of the following is covered under the DP-1?
B
b B
b b B B
b B
b b B B
b B
b
A- Falling objects
B
b b B
B- Freezing
B
b B
b
C- Lightning
b B
D- Weight of ice, snow, or sleet - correct answer-
b B b B b B B
b b B B
b B
b b B bB b B
Which of the following is not covered under Coverage A of the homeowners'
B
b B
b b B B
b B
b B
b B
b B
b B
b B
b B
b B
b
forms?
B
b
A- Attached structures
B
b b B
B- Dwelling
B
b
C- Construction materials located next to the insured premises
b B B
b B
b b B B
b B
b b B B
b
D- Land - correct answer-
b B b B b B bB B
b
What is another name for the HO-4?
B
b b B B
b b B B
b b B
A- Modified coverage form
B
b B
b B
b
B- Broad form
B
b b B
C- Tenants form
b B B
b
D- Special form - correct answer-
b B b B b B B bB
b b B
Which of the following types of property is subjected to a special sub-limit under
B
b B
b b B B
b b B B
b b B B
b B
b B
b B
b B
b B
b
Coverage C of the Homeowners policy?
B
b B
b b B B
b B
b B
b
A- Ceramic art
B
b b B
B- Tapestries
B
b
, C- Guns b B
D- Movable property - correct answer-
b B b B b B B bB
b b B
Which of the following is not a supplementary payment under Section II of the
B
b b B B
b b B B
b b B b B B
b b B B
b B
b B
b B
b
Homeowners Policy?
B
b b B
A- Defense costs
B
b B
b
B- The insured's loss of earnings
B
b B
b b B B
b b B
C- Expenses incurred by the insured at the insurer's request
b B b B B
b B
b B
b B
b B
b B
b b B
D- Claim settlement payments - correct answer-
b B B
b b B B
b B bB
b B
b
Which of the following vehicles is considered a temporary substitute auto?
B
b b B B
b b B B
b b B B
b b B B
b B
b
A- An auto being test-driven by an insured for possible purchase
B
b b B b B b B B
b B
b B
b B
b b B b B
B- A neighbor's auto borrowed by an insured over a weekend
B
b B
b b B B
b B
b B
b B
b b B B
b B
b B
b
C- A dealer's loaner car used which the insured's auto is being repaired
b B b B B
b B
b b B B
b B
b b B B
b B
b B
b B
b
D- A vehicle rented by the insured on vacation - correct answer-
b B b B b B B
b b B B
b b B b B B
b B bB
b B
b
All of the following are true concerning Section II of the Homeowners Policy
B
b b B b B B
b B
b B
b B
b b B b B B
b bB B
b
EXCEPT:
B
b
A- It provides coverage for suits brought against the insured because of bodily
B
b B
b b B b B B
b B
b B
b b B b B B
b B
b b B
injury
B
b
B- It provides coverage for suits brought against the insured because of property
B
b B
b b B b B B
b B
b B
b b B b B B
b B
b b B
damage
B
b
C- It provides a defense even if a suit against an insured is groundless, false, or
b B b B B
b b B B
b B
b B
b b B b B B
b b B b B B
b B
b B
b
fraudulent
B
b B
b
D- It provides coverage for suits brought against the insured for bodily injury even
b B b B B
b B
b b B b B b B b B b B b B B
b B
b B
b
if the injury was expected or intended by the insured - correct answer-
B
b B
b B
b b B B
b b B B
b B
b B
b B
b B
b b B bB b B
Which of the following is not covered under Part D of the Personal Auto Policy?
B
b b B B
b b B B
b b B b B B
b b B b B B
b b B B
b B
b
A- Road damage to tires
B
b B
b b B B
b
B- Earthquake
B
b
C- Floodb B
D- Riot - correct answer-
b B B
b b B bB B
b
What is covered under Coverage B of the Dwelling form?
b B B
b B
b B
b B
b B
b B
b B
b b B
A- Other Structures
B
b B
b b B
B- Personal Property
B
b B
b
C- Dwelling
b B B
b
D- Fair rental value - correct answer-
b B b B b B B
b B bB
b b B
Which of the following would not be defined as a covered auto under the Personal
B
b b B B
b b B b B B
b b B B
b B
b B
b B
b B
b b B b B
Auto Policy?
B
b B
b
A- A new vehicle acquired during the policy period as long as coverage is
B
b B
b b B b B b B b B b B b B B
b B
b B
b B
b b B
requested within 45 days of taking ownership
B
b B
b b B B
b b B b B B
b
B- A trailer owned by the insured
B
b B
b B
b B
b b B B
b
C- A temporary substitute vehicle being used while the insured vehicle is being
b B b B B
b b B B
b b B B
b B
b B
b b B B
b B
b
repaired
B
b b B
D- The vehicle listed in the declarations - correct answer-
b B b B B
b b B B
b B
b B
b B bB
b b B
Sam Smith owns a watch repair business. His customers leave their watches at
b B b B b B B
b B
b B
b B
b B
b B
b b B B
b B
b
his premises for repair. Sam would be considered a/an:
B
b B
b B
b b B B
b b B B
b B
b B
b
