FLORIDA PERSONAL LINES EXAM QUESTIONS WITH
CORRECT RATIONALES
Under cPart cA cof ca cPersonal cAuto cPolicy, cwhich cof cthe cfollowing closses cwould cbe ccovered?
A.) cDamage cto cproperty cbeing ctransported cby cthe cinsured
B.) cDamage cto ca cneighbor's cparked ccar
C.) cDamage cto ca cneighbor's clawn cmower cin cthe ccare cof cthe cinsured
D.) cDamage cto cthe chome cthe cinsured cowns c- cCORRECT cANS✔✔B.) cDamage cto ca cneighbor's cparked ccar
Which cof cthe cfollowing cis ctrue cregarding cthe cFine cArts cFloater?
A.) cCoverage cis climited cto cthe cUnited cStates, cCanada, cand cMexico
B.) cCoverage cis cprimarily cfor cstamps cand ccoins
C.) cIt cprovides cautomatic ccoverage con cnewly cacquired citems cfor c90 cdays
D.) cIt csettles closses con can cACV cbasis c- cCORRECT cANS✔✔C.) cIt cprovides cautomatic ccoverage con cnewly cacquired citems
cfor c90 cdays
All cof cthe cfollowing cstatements care ccorrect cabout ca cHomeowners cPolicy, cexcept:
A.) cHome cschooling cis ccovered cunder ca cHomeowners cPolicy
B.) cCoverage cD cof ca cHomeowners cPolicy cincludes closs cof cincome cfrom can cincidental cbusiness
C.) cA cHomeowners cPolicy cwill cnot ccover ctheft cof ca cboat caway cfrom cpremises
D.) cCoverage cD cof ca cHomeowners cPolicy ccovers cadditional cliving cexpenses c- cCORRECT cANS✔✔B.) cCoverage cD cof ca
cHomeowners cPolicy cincludes closs cof cincome cfrom can cincidental cbusiness
Under cdisability cincome cinsurance, ca cmonthly cbenefit cwill cbe c________ cof cthe cinsured's cmonthly cincome.
A.) c80 c1/2%
B.) c66 c2/3%
C.) c70 c2/3%
D.) c50 c3/4% c- cCORRECT cANS✔✔B.) c66 c2/3%
All cof cthe cfollowing citems cof cproperty care cconsidered cproperty cnot ccovered cunder cCoverage cC cof ca cHomeowners cpolicy,
cexcept:
A.) cCredit ccards
B.) cPersonal cproperty cof ca cguest
C.) cPets
D.) cPersonal cproperty cof ca ctenant c- cCORRECT cANS✔✔B.) cPersonal cproperty cof ca cguest
Which cof cthe cfollowing cis cNOT ca cpurpose cof clicensing?
A.) cFor cthe capplicant cto cbe cfamiliar cwith cthe cFlorida cinsurance claws
B.) cTo cauthorize cand cenable cthe clicensee cto cactively cand cin cgood cfaith cengage cin cthe cinsurance cbusiness cas can cagent
C.) cTo cfacilitate cthe cpublic csupervision cof csuch cactivities cin cthe cpublic cinterest
D.) cTo cauthorize cthe cagent cto cinsure crisks c- cCORRECT cANS✔✔D.) cTo cauthorize cthe cagent cto cinsure crisks
Liability ccoverage cprovided cby ca cPersonal cAuto cpolicy cwould ccover cwhich cof cthe cfollowing cdamages?
A.) cDamage cto cproperty cbeing ctransported cby cthe cinsured cin ca ccovered cauto
B.) cDamage cto ca cprivate cgarage crented cto cthe cinsured, ccaused cby cthe cinsured's cchild cdriving ca ccovered cauto
C.) cDamage cto ca cneighbor's criding clawn cmower cthat cis cin cthe ccare cof cthe cinsured
D.) cDamage cto ca cstorefront ccaused cby ca cvalet cdriver coperating ca ccovered cauto c- cCORRECT cANS✔✔B.) cDamage cto ca
cprivate cgarage crented cto cthe cinsured, ccaused cby cthe cinsured's cchild cdriving ca ccovered cauto
Which cpolicy cprovision comits ccertain crisks cfrom ccoverage?
A.) cConditions
B.) cAdditional cCoverages
,C.) cExclusions
D.) cDeclarations c- cCORRECT cANS✔✔C.) cExclusions
When can cunderlying cpolicy cdoes cnot ccover ca cparticular closs, cthe cinsured's cUmbrella cLiability cpolicy cwill cdrop cdown cand
ccover cthe centire closs, cafter cpayment cby cthe cinsured cof ca:
A.) cDeductible
B.) cSelf-insured cretention
C.) cCopayment
D.) cCommission c- cCORRECT cANS✔✔B.) cSelf-insured cretention
Liability ccoverage cmay cbe cprovided cby ca cHomeowners cpolicy cfor cthe cinsured's cuse cof cwhich cof cthe cfollowing cwatercraft?
A.) c20-foot csailing cboat
B.) cPrivate cyacht cowned cby cthe cinsured
C.) cRented cpontoon cboat cto centertain cbusiness cclients
D.) cRacing ccruiser c- cCORRECT cANS✔✔A.) c20-foot csailing cboat
An cinsured cowns ca chome cwith ca creplacement ccost cof c$300,000 cand ca cmarket cvalue cof c$250,000. cWhat cis cthe cmost ca
cvalued cpolicy cwill cpay cin cthe cevent cof ca ctotal closs cwithout ca cdeductible?
A.) c$240,000
B.) c$250,000
C.) cThe cpolicy climit
D.) c$300,000 c- cCORRECT cANS✔✔C.) cThe cpolicy climit
Policyholder cJ chit ca cdeer cwith ctheir cHonda. cJ chas ccollision ccoverage cwith ca c$250 cdeductible cand cother cthan ccollision
ccoverage cwith ca c$50 cdeductible. cThe cdamage cto cJ's ccar cwas c$450. cHow cmuch cwill cthe cpolicy cpay?
A.) c$200
B.) cNothing
C.) c$400
D.) c$150 c- cCORRECT cANS✔✔C.) c$400
Under call cthe cDwelling cForms, cthe cdwelling cdescribed cin cthe cDeclarations cis ccovered cunder:
A.) cCoverage cA
B.) cCoverage cB
C.) cCoverage cE
D.) cCoverage cC c- cCORRECT cANS✔✔A.) cCoverage cA
If can cowner-occupied chome cis ctotally cdestroyed cwithout cfraud cby ca cfire, cthe camount cof cthe closs cis cbased con:
A.) cThe ccoinsurance cvalue
B.) cThe creplacement cvalue
C.) cThe cmarket cvalue
D.) cThe cpolicy climit c- cCORRECT cANS✔✔D.) cThe cpolicy climit
A cfalse cstatement cin cthe capplication cfor cinsurance cis ccalled ca:
A.) cWarranty
B.) cConcealment
C.) cRepresentation
D.) cMisrepresentation c- cCORRECT cANS✔✔D.) cMisrepresentation
When ca cclaimant cbrings ca cnegligence cclaim cagainst cthe cinsured, cthe ccourt cdetermines cthat cthe cclaimant cis cpartially
cresponsible cfor cthe closs, cand cthe cdamages cthey care cowed cis creduced cby cthe camount cof ctheir cresponsibility. cThis cdescribes
cwhich cdefense cagainst cnegligence?
A.) cComparative cnegligence
B.) cContributory cnegligence
C.) cContributory crisk
D.) cComparative crisk c- cCORRECT cANS✔✔A.) cComparative cnegligence
All cof cthe cfollowing cstatements cabout cliability care ctrue, cexcept:
A.) cThe cburden cof cproof cis con cthe cinjured cparty cto cprove cthat cthe cother cparty cwas cnegligent
B.) cLiability cpolicies cpay ccosts cincurred cby can cinsured cto csue cnegligent cthird cparties
C.) cAn cinsured cmay cbe cliable cfor cdamages cto can cinjured cparty, ceven cif cthey care cnot cdeemed cnegligent
D.) cBreach cof ccontract cis cnot cconsidered can cact cof cnegligence c- cCORRECT cANS✔✔B.) cLiability cpolicies cpay ccosts cincurred
cby can cinsured cto csue cnegligent cthird cparties
Under cPart cA c- cLiability cCoverage cof ca cPersonal cAuto cpolicy, cwhich cof cthe cfollowing cstatements cregarding cthe climit cof
cliability cis cincorrect?
,A.) cThe climit cof cliability cis cthe cmaximum cthe cpolicy cwill cpay cregardless cof cthe cnumber cof cinsureds
B.) cThe climit cof cliability cis cthe cmaximum cthe cpolicy cwill cpay cregardless cof cthe cnumber cof cvehicles cinvolved cin cthe caccident
C.) cIf cthe closs cis ccovered cunder cmore cthan cone cpart cof cthe cpolicy, cpayment cwill cbe cduplicated
D.) cA ccombined csingle climit cis cthe cmaximum cthe cpolicy cwill cpay cin cany cone caccident cfor cbodily cinjury cand cproperty cdamage
c- cCORRECT cANS✔✔C.) cIf cthe closs cis ccovered cunder cmore cthan cone cpart cof cthe cpolicy, cpayment cwill cbe cduplicated
Actual ccash cvalue cmay cbe cdefined cas:
A.) cThe ccost cto creplace cor crepair cproperty, cminus cdepreciation
B.) cThe ccost cto creplace cor crepair cthe cproperty
C.) cThe coriginal cpurchase cprice cof cproperty, cminus cdepreciation
D.) cThe cagreed cupon cspecific cvalue cdetermined cbefore cthe cpolicy cwas cissued c- cCORRECT cANS✔✔A.) cThe ccost cto creplace
cor crepair cproperty, cminus cdepreciation
Policyholder cN cinsures can cowner-occupied chome cunder ca cSpecial cForm cDwelling cPolicy cwith ca climit cof c$100,000. cIf cthe
cdwelling cis cdamaged cin ca cfire, cwhat cis cthe climit cof cinsurance cthat cwill capply cto cCoverage cE c- cAdditional cLiving cExpense?
A.) c$50,000
B.) c$20,000
C.) c$10,000
D.) c$40,000 c- cCORRECT cANS✔✔B.) c$20,000
As cused cin ccasualty cinsurance, cbodily cinjury cis cbest cdescribed cas:
A.) cAny cinjury ccausing chospitalization, cdisability, cor closs cof cincome
B.) cPhysical cinjury, csickness, cor cdeath carising cfrom cthe cnegligent cacts cof can cinsured
C.) cAll cfinancially cmeasurable cinjuries cdirectly csustained, cincluding clibel cand cfalse carrest
D.) cAny cinjury cresulting cin cbleeding, cbruising, cbone cfractures, cor cdisfigurement c- cCORRECT cANS✔✔B.) cPhysical cinjury,
csickness, cor cdeath carising cfrom cthe cnegligent cacts cof can cinsured
Which cpart cof ca cproperty cinsurance cpolicy cdescribes cthe cperils?
A.) cDeclarations
B.) cInsuring cAgreement
C.) cDefinitions
D.) cAdditional cCoverages c- cCORRECT cANS✔✔B.) cInsuring cAgreement
If ca cbird chits ca cwindshield cand cbreaks cit, cwhich cPersonal cAuto cpolicy ccoverage cwould cpay cthe closs?
A.) cOther cthan ccollision ccoverage
B.) cSupplementary cpayments
C.) cUninsured cmotorists ccoverage
D.) cCollision ccoverage c- cCORRECT cANS✔✔A.) cOther cthan ccollision ccoverage
An cagent cthat centers cinto cagreements cwith cmore cthan cone cinsurer cis cwhich cof cthe cfollowing?
A.) cCaptive
B.) cDirect
C.) cIndependent
D.) cExclusive c- cCORRECT cANS✔✔C.) cIndependent
Choose cthe ctrue cstatement cabout cthe cstate cinsurance cfraud cdepartment.
A.) cThe cBureau conly cconducts cinvestigations cwithin cthe cborders cof cFlorida
B.) cThe cBureau cof cInsurance cInvestigations cis cresponsible cfor cconducting cinvestigations
C.) cThe cinvestigators care cformer cpolice cofficers
D.) cIf ca ccriminal claw chas cbeen cviolated, cthe coffice cwill crefer cit cto cthe cappropriate claw cenforcement cagency c- cCORRECT
cANS✔✔D.) cIf ca ccriminal claw chas cbeen cviolated, cthe coffice cwill crefer cit cto cthe cappropriate claw cenforcement cagency
Under ca cPersonal cAuto cpolicy, cPart cA cwould cprovide ccoverage cto call cof cthe cfollowing cpeople cas cinsureds, cexcept:
A.) cA cmechanic cservicing cthe cauto
B.) cA cneighbor cborrowing cthe cauto cto cdeliver cfood cto ca crelative
C.) cA cnonresident crelative cusing cthe cnamed cinsured's cauto cwith cpermission
D.) cThe cnamed cinsured's cunlicensed cchild c- cCORRECT cANS✔✔A.) cA cmechanic cservicing cthe cauto
When can cindividual cfaces cthe crisk cof ceconomic closs cin cthe cevent cof cproperty cdamage, cthis cindicates cwhich cof cthe
cfollowing?
A.) cLimit cof crecovery
B.) cMerit crating
C.) cInsurable cinterest
D.) cSubrogation c- cCORRECT cANS✔✔C.) cInsurable cinterest
, When cwriting can capplication cfor ccar cinsurance, cProducer cM casked cthe cclient, cB, cif cB chad cbeen cconvicted cof cdriving cwhile
cintoxicated c(DWI) cin cthe cpast c10 cyears. cB canswered cno, ceven cthough cB chad cbeen cconvicted cof ca cDWI clast cyear. cB cis
cguilty cof cwhich cof cthe cfollowing?
A.) cWaiver
B.) cUnilateral cstatement
C.) cRepresentation
D.) cMisrepresentation c- cCORRECT cANS✔✔D.) cMisrepresentation
Which cof cthe cfollowing cis cnot ca cqualification cto capply cfor can cinsurance clicense cin cFlorida?
A.) cMust chave ca chigh cschool cdiploma cor cGED
B.) cMust cbe cat cleast c18 cyears cold
C.) cLegal calien cwith cU.S. cwork cauthorization
D.) cU.S. cCitizen c- cCORRECT cANS✔✔A.) cMust chave ca chigh cschool cdiploma cor cGED
The cDP-3 cprovides cwhat ccoverage cfor cdamage cto cthe cinsured's cdwelling cdue cto ca cpower cfailure cwhen clightning cstrikes ca
cpower ctransformer c2 cmiles caway?
A.) cCoverage cA camount
B.) cNo ccoverage
C.) c10% cof cCoverage cC
D.) c10% cof cCoverage cA c- cCORRECT cANS✔✔B.) cNo ccoverage
Which cof cthe cfollowing cis ca clegal cliability cimposed cwithout cdemonstrated cnegligence?
A.) cProximate cliability
B.) cDirect cliability
C.) cContingent cliability
D.) cAbsolute cliability c- cCORRECT cANS✔✔D.) cAbsolute cliability
Which cof cthe cfollowing cvehicles cis cnot cconsidered can cuninsured cmotor cvehicle cunder cPart cC cof ca cPersonal cAuto cpolicy?
A.) cA cvehicle cthat cdisappears cafter ca ccollision cand ccannot cbe cidentified
B.) cA cvehicle cinsured cfor cless cthan cthe cstate's cminimum crequired cliability ccoverage
C.) cA cvehicle cowned cby cthe cgovernment
D.) cA cvehicle cwith cliability cinsurance cwhose ccoverage cis cdenied cby cits cinsurer c- cCORRECT cANS✔✔C.) cA cvehicle cowned cby
cthe cgovernment
Which cof cthe cfollowing cstatements cis cfalse cregarding cCertificates cof cAuthority?
A.) cAny cperson cwho cacts cas can cinsurer, ctransacts cinsurance, cor cotherwise cengages cin cinsurance cactivities cin cthis cstate
cwithout ca cCertificate cof cAuthority ccommits ca cmisdemeanor
B.) cNo cperson ccan cact cas can cinsurer cunless cauthorized cby ca cCertificate cof cAuthority
C.) cA cCertificate cof cAuthority cis cnot crequired cfor cauthorized creinsurance ctransactions
D.) cA cCertificate cof cAuthority cis cnot crequired cto ctransact csurplus clines cinsurance c- cCORRECT cANS✔✔A.) cAny cperson cwho
cacts cas can cinsurer, ctransacts cinsurance, cor cotherwise cengages cin cinsurance cactivities cin cthis cstate cwithout ca cCertificate cof
cAuthority ccommits ca cmisdemeanor
Part cB cof ca cPersonal cAuto cpolicy cwould cpay cfor cwhich cof cthe cfollowing cexpenses?
A.) cLoss cof cincome cafter can cinsured cis cslandered
B.) cFuneral cservice cexpenses cincurred cby can cinsured
C.) cAn cinsured's cpain cand csuffering
D.) cCost cof can cambulance cafter ca cthird cparty cis cinjured cin can caccident ccaused cby can cinsured c- cCORRECT cANS✔✔B.)
cFuneral cservice cexpenses cincurred cby can cinsured
The closs cof cproperty cwhen cthe ccause cof closs cis cnot cknown cis cconsidered:
A.) cBurglary
B.) cRobbery
C.) cTheft
D.) cMysterious cdisappearance c- cCORRECT cANS✔✔D.) cMysterious cdisappearance
Which cof cthe cfollowing cmost caccurately cdescribes cthe cAbandonment ccondition?
A.) cThe cinsured cmust ccooperate cwith cthe ccompany cin cthe cinvestigation cof ca cclaim
B.) cThe cinsured cmust cmake creasonable cand cnecessary crepairs cto cprotect cthe cproperty
C.) cAbandoned cproperty cmust cbe cprotected cfrom cfurther cdamage
D.) cThe cinsured ccannot cabandon cdamaged cproperty cto cthe cinsurer c- cCORRECT cANS✔✔D.) cThe cinsured ccannot cabandon
cdamaged cproperty cto cthe cinsurer
Choose cthe cstatement cthat cis ctrue cabout cthe cpayment cof cclaims.
A.) cAn cinsurer cmust cpay cor cdeny cany cclaim cno clater cthan c90 cdays cafter creceiving cthe cclaim
CORRECT RATIONALES
Under cPart cA cof ca cPersonal cAuto cPolicy, cwhich cof cthe cfollowing closses cwould cbe ccovered?
A.) cDamage cto cproperty cbeing ctransported cby cthe cinsured
B.) cDamage cto ca cneighbor's cparked ccar
C.) cDamage cto ca cneighbor's clawn cmower cin cthe ccare cof cthe cinsured
D.) cDamage cto cthe chome cthe cinsured cowns c- cCORRECT cANS✔✔B.) cDamage cto ca cneighbor's cparked ccar
Which cof cthe cfollowing cis ctrue cregarding cthe cFine cArts cFloater?
A.) cCoverage cis climited cto cthe cUnited cStates, cCanada, cand cMexico
B.) cCoverage cis cprimarily cfor cstamps cand ccoins
C.) cIt cprovides cautomatic ccoverage con cnewly cacquired citems cfor c90 cdays
D.) cIt csettles closses con can cACV cbasis c- cCORRECT cANS✔✔C.) cIt cprovides cautomatic ccoverage con cnewly cacquired citems
cfor c90 cdays
All cof cthe cfollowing cstatements care ccorrect cabout ca cHomeowners cPolicy, cexcept:
A.) cHome cschooling cis ccovered cunder ca cHomeowners cPolicy
B.) cCoverage cD cof ca cHomeowners cPolicy cincludes closs cof cincome cfrom can cincidental cbusiness
C.) cA cHomeowners cPolicy cwill cnot ccover ctheft cof ca cboat caway cfrom cpremises
D.) cCoverage cD cof ca cHomeowners cPolicy ccovers cadditional cliving cexpenses c- cCORRECT cANS✔✔B.) cCoverage cD cof ca
cHomeowners cPolicy cincludes closs cof cincome cfrom can cincidental cbusiness
Under cdisability cincome cinsurance, ca cmonthly cbenefit cwill cbe c________ cof cthe cinsured's cmonthly cincome.
A.) c80 c1/2%
B.) c66 c2/3%
C.) c70 c2/3%
D.) c50 c3/4% c- cCORRECT cANS✔✔B.) c66 c2/3%
All cof cthe cfollowing citems cof cproperty care cconsidered cproperty cnot ccovered cunder cCoverage cC cof ca cHomeowners cpolicy,
cexcept:
A.) cCredit ccards
B.) cPersonal cproperty cof ca cguest
C.) cPets
D.) cPersonal cproperty cof ca ctenant c- cCORRECT cANS✔✔B.) cPersonal cproperty cof ca cguest
Which cof cthe cfollowing cis cNOT ca cpurpose cof clicensing?
A.) cFor cthe capplicant cto cbe cfamiliar cwith cthe cFlorida cinsurance claws
B.) cTo cauthorize cand cenable cthe clicensee cto cactively cand cin cgood cfaith cengage cin cthe cinsurance cbusiness cas can cagent
C.) cTo cfacilitate cthe cpublic csupervision cof csuch cactivities cin cthe cpublic cinterest
D.) cTo cauthorize cthe cagent cto cinsure crisks c- cCORRECT cANS✔✔D.) cTo cauthorize cthe cagent cto cinsure crisks
Liability ccoverage cprovided cby ca cPersonal cAuto cpolicy cwould ccover cwhich cof cthe cfollowing cdamages?
A.) cDamage cto cproperty cbeing ctransported cby cthe cinsured cin ca ccovered cauto
B.) cDamage cto ca cprivate cgarage crented cto cthe cinsured, ccaused cby cthe cinsured's cchild cdriving ca ccovered cauto
C.) cDamage cto ca cneighbor's criding clawn cmower cthat cis cin cthe ccare cof cthe cinsured
D.) cDamage cto ca cstorefront ccaused cby ca cvalet cdriver coperating ca ccovered cauto c- cCORRECT cANS✔✔B.) cDamage cto ca
cprivate cgarage crented cto cthe cinsured, ccaused cby cthe cinsured's cchild cdriving ca ccovered cauto
Which cpolicy cprovision comits ccertain crisks cfrom ccoverage?
A.) cConditions
B.) cAdditional cCoverages
,C.) cExclusions
D.) cDeclarations c- cCORRECT cANS✔✔C.) cExclusions
When can cunderlying cpolicy cdoes cnot ccover ca cparticular closs, cthe cinsured's cUmbrella cLiability cpolicy cwill cdrop cdown cand
ccover cthe centire closs, cafter cpayment cby cthe cinsured cof ca:
A.) cDeductible
B.) cSelf-insured cretention
C.) cCopayment
D.) cCommission c- cCORRECT cANS✔✔B.) cSelf-insured cretention
Liability ccoverage cmay cbe cprovided cby ca cHomeowners cpolicy cfor cthe cinsured's cuse cof cwhich cof cthe cfollowing cwatercraft?
A.) c20-foot csailing cboat
B.) cPrivate cyacht cowned cby cthe cinsured
C.) cRented cpontoon cboat cto centertain cbusiness cclients
D.) cRacing ccruiser c- cCORRECT cANS✔✔A.) c20-foot csailing cboat
An cinsured cowns ca chome cwith ca creplacement ccost cof c$300,000 cand ca cmarket cvalue cof c$250,000. cWhat cis cthe cmost ca
cvalued cpolicy cwill cpay cin cthe cevent cof ca ctotal closs cwithout ca cdeductible?
A.) c$240,000
B.) c$250,000
C.) cThe cpolicy climit
D.) c$300,000 c- cCORRECT cANS✔✔C.) cThe cpolicy climit
Policyholder cJ chit ca cdeer cwith ctheir cHonda. cJ chas ccollision ccoverage cwith ca c$250 cdeductible cand cother cthan ccollision
ccoverage cwith ca c$50 cdeductible. cThe cdamage cto cJ's ccar cwas c$450. cHow cmuch cwill cthe cpolicy cpay?
A.) c$200
B.) cNothing
C.) c$400
D.) c$150 c- cCORRECT cANS✔✔C.) c$400
Under call cthe cDwelling cForms, cthe cdwelling cdescribed cin cthe cDeclarations cis ccovered cunder:
A.) cCoverage cA
B.) cCoverage cB
C.) cCoverage cE
D.) cCoverage cC c- cCORRECT cANS✔✔A.) cCoverage cA
If can cowner-occupied chome cis ctotally cdestroyed cwithout cfraud cby ca cfire, cthe camount cof cthe closs cis cbased con:
A.) cThe ccoinsurance cvalue
B.) cThe creplacement cvalue
C.) cThe cmarket cvalue
D.) cThe cpolicy climit c- cCORRECT cANS✔✔D.) cThe cpolicy climit
A cfalse cstatement cin cthe capplication cfor cinsurance cis ccalled ca:
A.) cWarranty
B.) cConcealment
C.) cRepresentation
D.) cMisrepresentation c- cCORRECT cANS✔✔D.) cMisrepresentation
When ca cclaimant cbrings ca cnegligence cclaim cagainst cthe cinsured, cthe ccourt cdetermines cthat cthe cclaimant cis cpartially
cresponsible cfor cthe closs, cand cthe cdamages cthey care cowed cis creduced cby cthe camount cof ctheir cresponsibility. cThis cdescribes
cwhich cdefense cagainst cnegligence?
A.) cComparative cnegligence
B.) cContributory cnegligence
C.) cContributory crisk
D.) cComparative crisk c- cCORRECT cANS✔✔A.) cComparative cnegligence
All cof cthe cfollowing cstatements cabout cliability care ctrue, cexcept:
A.) cThe cburden cof cproof cis con cthe cinjured cparty cto cprove cthat cthe cother cparty cwas cnegligent
B.) cLiability cpolicies cpay ccosts cincurred cby can cinsured cto csue cnegligent cthird cparties
C.) cAn cinsured cmay cbe cliable cfor cdamages cto can cinjured cparty, ceven cif cthey care cnot cdeemed cnegligent
D.) cBreach cof ccontract cis cnot cconsidered can cact cof cnegligence c- cCORRECT cANS✔✔B.) cLiability cpolicies cpay ccosts cincurred
cby can cinsured cto csue cnegligent cthird cparties
Under cPart cA c- cLiability cCoverage cof ca cPersonal cAuto cpolicy, cwhich cof cthe cfollowing cstatements cregarding cthe climit cof
cliability cis cincorrect?
,A.) cThe climit cof cliability cis cthe cmaximum cthe cpolicy cwill cpay cregardless cof cthe cnumber cof cinsureds
B.) cThe climit cof cliability cis cthe cmaximum cthe cpolicy cwill cpay cregardless cof cthe cnumber cof cvehicles cinvolved cin cthe caccident
C.) cIf cthe closs cis ccovered cunder cmore cthan cone cpart cof cthe cpolicy, cpayment cwill cbe cduplicated
D.) cA ccombined csingle climit cis cthe cmaximum cthe cpolicy cwill cpay cin cany cone caccident cfor cbodily cinjury cand cproperty cdamage
c- cCORRECT cANS✔✔C.) cIf cthe closs cis ccovered cunder cmore cthan cone cpart cof cthe cpolicy, cpayment cwill cbe cduplicated
Actual ccash cvalue cmay cbe cdefined cas:
A.) cThe ccost cto creplace cor crepair cproperty, cminus cdepreciation
B.) cThe ccost cto creplace cor crepair cthe cproperty
C.) cThe coriginal cpurchase cprice cof cproperty, cminus cdepreciation
D.) cThe cagreed cupon cspecific cvalue cdetermined cbefore cthe cpolicy cwas cissued c- cCORRECT cANS✔✔A.) cThe ccost cto creplace
cor crepair cproperty, cminus cdepreciation
Policyholder cN cinsures can cowner-occupied chome cunder ca cSpecial cForm cDwelling cPolicy cwith ca climit cof c$100,000. cIf cthe
cdwelling cis cdamaged cin ca cfire, cwhat cis cthe climit cof cinsurance cthat cwill capply cto cCoverage cE c- cAdditional cLiving cExpense?
A.) c$50,000
B.) c$20,000
C.) c$10,000
D.) c$40,000 c- cCORRECT cANS✔✔B.) c$20,000
As cused cin ccasualty cinsurance, cbodily cinjury cis cbest cdescribed cas:
A.) cAny cinjury ccausing chospitalization, cdisability, cor closs cof cincome
B.) cPhysical cinjury, csickness, cor cdeath carising cfrom cthe cnegligent cacts cof can cinsured
C.) cAll cfinancially cmeasurable cinjuries cdirectly csustained, cincluding clibel cand cfalse carrest
D.) cAny cinjury cresulting cin cbleeding, cbruising, cbone cfractures, cor cdisfigurement c- cCORRECT cANS✔✔B.) cPhysical cinjury,
csickness, cor cdeath carising cfrom cthe cnegligent cacts cof can cinsured
Which cpart cof ca cproperty cinsurance cpolicy cdescribes cthe cperils?
A.) cDeclarations
B.) cInsuring cAgreement
C.) cDefinitions
D.) cAdditional cCoverages c- cCORRECT cANS✔✔B.) cInsuring cAgreement
If ca cbird chits ca cwindshield cand cbreaks cit, cwhich cPersonal cAuto cpolicy ccoverage cwould cpay cthe closs?
A.) cOther cthan ccollision ccoverage
B.) cSupplementary cpayments
C.) cUninsured cmotorists ccoverage
D.) cCollision ccoverage c- cCORRECT cANS✔✔A.) cOther cthan ccollision ccoverage
An cagent cthat centers cinto cagreements cwith cmore cthan cone cinsurer cis cwhich cof cthe cfollowing?
A.) cCaptive
B.) cDirect
C.) cIndependent
D.) cExclusive c- cCORRECT cANS✔✔C.) cIndependent
Choose cthe ctrue cstatement cabout cthe cstate cinsurance cfraud cdepartment.
A.) cThe cBureau conly cconducts cinvestigations cwithin cthe cborders cof cFlorida
B.) cThe cBureau cof cInsurance cInvestigations cis cresponsible cfor cconducting cinvestigations
C.) cThe cinvestigators care cformer cpolice cofficers
D.) cIf ca ccriminal claw chas cbeen cviolated, cthe coffice cwill crefer cit cto cthe cappropriate claw cenforcement cagency c- cCORRECT
cANS✔✔D.) cIf ca ccriminal claw chas cbeen cviolated, cthe coffice cwill crefer cit cto cthe cappropriate claw cenforcement cagency
Under ca cPersonal cAuto cpolicy, cPart cA cwould cprovide ccoverage cto call cof cthe cfollowing cpeople cas cinsureds, cexcept:
A.) cA cmechanic cservicing cthe cauto
B.) cA cneighbor cborrowing cthe cauto cto cdeliver cfood cto ca crelative
C.) cA cnonresident crelative cusing cthe cnamed cinsured's cauto cwith cpermission
D.) cThe cnamed cinsured's cunlicensed cchild c- cCORRECT cANS✔✔A.) cA cmechanic cservicing cthe cauto
When can cindividual cfaces cthe crisk cof ceconomic closs cin cthe cevent cof cproperty cdamage, cthis cindicates cwhich cof cthe
cfollowing?
A.) cLimit cof crecovery
B.) cMerit crating
C.) cInsurable cinterest
D.) cSubrogation c- cCORRECT cANS✔✔C.) cInsurable cinterest
, When cwriting can capplication cfor ccar cinsurance, cProducer cM casked cthe cclient, cB, cif cB chad cbeen cconvicted cof cdriving cwhile
cintoxicated c(DWI) cin cthe cpast c10 cyears. cB canswered cno, ceven cthough cB chad cbeen cconvicted cof ca cDWI clast cyear. cB cis
cguilty cof cwhich cof cthe cfollowing?
A.) cWaiver
B.) cUnilateral cstatement
C.) cRepresentation
D.) cMisrepresentation c- cCORRECT cANS✔✔D.) cMisrepresentation
Which cof cthe cfollowing cis cnot ca cqualification cto capply cfor can cinsurance clicense cin cFlorida?
A.) cMust chave ca chigh cschool cdiploma cor cGED
B.) cMust cbe cat cleast c18 cyears cold
C.) cLegal calien cwith cU.S. cwork cauthorization
D.) cU.S. cCitizen c- cCORRECT cANS✔✔A.) cMust chave ca chigh cschool cdiploma cor cGED
The cDP-3 cprovides cwhat ccoverage cfor cdamage cto cthe cinsured's cdwelling cdue cto ca cpower cfailure cwhen clightning cstrikes ca
cpower ctransformer c2 cmiles caway?
A.) cCoverage cA camount
B.) cNo ccoverage
C.) c10% cof cCoverage cC
D.) c10% cof cCoverage cA c- cCORRECT cANS✔✔B.) cNo ccoverage
Which cof cthe cfollowing cis ca clegal cliability cimposed cwithout cdemonstrated cnegligence?
A.) cProximate cliability
B.) cDirect cliability
C.) cContingent cliability
D.) cAbsolute cliability c- cCORRECT cANS✔✔D.) cAbsolute cliability
Which cof cthe cfollowing cvehicles cis cnot cconsidered can cuninsured cmotor cvehicle cunder cPart cC cof ca cPersonal cAuto cpolicy?
A.) cA cvehicle cthat cdisappears cafter ca ccollision cand ccannot cbe cidentified
B.) cA cvehicle cinsured cfor cless cthan cthe cstate's cminimum crequired cliability ccoverage
C.) cA cvehicle cowned cby cthe cgovernment
D.) cA cvehicle cwith cliability cinsurance cwhose ccoverage cis cdenied cby cits cinsurer c- cCORRECT cANS✔✔C.) cA cvehicle cowned cby
cthe cgovernment
Which cof cthe cfollowing cstatements cis cfalse cregarding cCertificates cof cAuthority?
A.) cAny cperson cwho cacts cas can cinsurer, ctransacts cinsurance, cor cotherwise cengages cin cinsurance cactivities cin cthis cstate
cwithout ca cCertificate cof cAuthority ccommits ca cmisdemeanor
B.) cNo cperson ccan cact cas can cinsurer cunless cauthorized cby ca cCertificate cof cAuthority
C.) cA cCertificate cof cAuthority cis cnot crequired cfor cauthorized creinsurance ctransactions
D.) cA cCertificate cof cAuthority cis cnot crequired cto ctransact csurplus clines cinsurance c- cCORRECT cANS✔✔A.) cAny cperson cwho
cacts cas can cinsurer, ctransacts cinsurance, cor cotherwise cengages cin cinsurance cactivities cin cthis cstate cwithout ca cCertificate cof
cAuthority ccommits ca cmisdemeanor
Part cB cof ca cPersonal cAuto cpolicy cwould cpay cfor cwhich cof cthe cfollowing cexpenses?
A.) cLoss cof cincome cafter can cinsured cis cslandered
B.) cFuneral cservice cexpenses cincurred cby can cinsured
C.) cAn cinsured's cpain cand csuffering
D.) cCost cof can cambulance cafter ca cthird cparty cis cinjured cin can caccident ccaused cby can cinsured c- cCORRECT cANS✔✔B.)
cFuneral cservice cexpenses cincurred cby can cinsured
The closs cof cproperty cwhen cthe ccause cof closs cis cnot cknown cis cconsidered:
A.) cBurglary
B.) cRobbery
C.) cTheft
D.) cMysterious cdisappearance c- cCORRECT cANS✔✔D.) cMysterious cdisappearance
Which cof cthe cfollowing cmost caccurately cdescribes cthe cAbandonment ccondition?
A.) cThe cinsured cmust ccooperate cwith cthe ccompany cin cthe cinvestigation cof ca cclaim
B.) cThe cinsured cmust cmake creasonable cand cnecessary crepairs cto cprotect cthe cproperty
C.) cAbandoned cproperty cmust cbe cprotected cfrom cfurther cdamage
D.) cThe cinsured ccannot cabandon cdamaged cproperty cto cthe cinsurer c- cCORRECT cANS✔✔D.) cThe cinsured ccannot cabandon
cdamaged cproperty cto cthe cinsurer
Choose cthe cstatement cthat cis ctrue cabout cthe cpayment cof cclaims.
A.) cAn cinsurer cmust cpay cor cdeny cany cclaim cno clater cthan c90 cdays cafter creceiving cthe cclaim
