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Florida 2-20 Insurance Agent Exam Prep
2025/2026 – General Lines Licensing,
Property & Casualty, And Practice Questions
Test Bank
Which one of the following statements is correct with respect to eligibility for
coverage under a businessowners policy (BOP)? -correct-answer-Some insurers
have expanded the eligibility for their BOP programs to include restaurants and
contractors.
Which one of the following is true with regard to the coverage limits in the liability
section of the businessowners policy (BOP)? -correct-answer-Maximum limits are
more restricted than the CGL; few insurers offer per occurrence limits over $2
million in their BOPs.
Which one of the following best describes the "property not covered" provisions
of the businessowners policy (BOP)? -correct-answer-The BOP has a relatively
short list of 'property not covered' because the insureds eligible for a BOP are
generally lower-risk, more homogenous types of businesses.
,2|Page
Which one of the following statements is correct with respect to rating a
businessowners policy (BOP)? -correct-answer-It is usually much simpler than
rating a comparable commercial package policy.
Which one of the following property coverages is often included or available as an
option in a businessowners policy (BOP)? -correct-answer-Employee dishonesty
Under the businessowners policy (BOP) -correct-answer-Many coverages that
would require separate policies or coverage parts in the commercial package
program are either included or available as options.
Which one of the following statements is correct with respect to the liability
coverage available under a businessowners policy (BOP)? -correct-answer-Both
ISO and AAIS offer BOP endorsements adding employee benefit liability coverage
and employment practices liability coverage.
A Commercial Package policy may include the following coverage types EXCEPT: -
correct-answer-Health
Which one of the following types of business is usually eligible for coverage under
a businessowners policy? -correct-answer-Apartment building
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Which one of the following best describes one of the major differences between
liability coverage provided by the typical businessowners policy (BOP) and the
Insurance Services Office (ISO) Commercial General Liability (CGL) Coverage Form?
-correct-answer-Hired and nonowned autos liability coverage is usually offered by
BOPs, either as part of the form or by endorsement.
Which one of the following statements best describes how businessowners
policies (BOP) coverages compare with those provided by commercial package
policies? -correct-answer-The BOP coverages are similar to the coverages provided
under commercial package policies.
Which one of the following is correct with respect to the professional liability
coverage available under the businessowners policy (BOP) and the Commercial
General Liability (CGL) Coverage Form? -correct-answer-An important difference
between the BOP's liability coverage and the CGL's is the availability of optional
professional liability coverage endorsements for use with BOP.
Which one of the following statements is correct with respect to the liability
coverage available under businessowners policies (BOPs)? -correct-answer-Certain
liability coverage options are not part of most BOP programs because the insureds
that need them generally do not qualify for BOPs.
, 4|Page
Federal workers compensation statutes apply to which one of the following
workers? -correct-answer-An interstate railroad worker
Part One of the Workers Compensation and Employers Liability Insurance Policy
provides that the insured will reimburse the insurer for which one of the
following? -correct-answer-Penalties required under a workers compensation law
because of the employer's willful misconduct.
Which one of the following best explains why the premium discount plan for
workers compensation insurance provides an increasing credit for premiums in
excess of a certain minimum? -correct-answer-Many of the expenses of providing
workers compensation insurance do not increase proportionately with increases
in premium.
The workers compensation laws of some states are inapplicable to which one of
the following? -correct-answer-Partners, sole proprietors, or executive officers.
Omicron Corporation currently does business in Colorado, Nebraska, and Kansas.
These states are listed in Item 3.A on the Information Page of Omicron's Workers
Compensation and Employers Liability Insurance Policy. The company is hoping to
expand its operations into Utah, Arizona, and New Mexico during the next year.
Which one of the following statements is correct with respect to workers
Florida 2-20 Insurance Agent Exam Prep
2025/2026 – General Lines Licensing,
Property & Casualty, And Practice Questions
Test Bank
Which one of the following statements is correct with respect to eligibility for
coverage under a businessowners policy (BOP)? -correct-answer-Some insurers
have expanded the eligibility for their BOP programs to include restaurants and
contractors.
Which one of the following is true with regard to the coverage limits in the liability
section of the businessowners policy (BOP)? -correct-answer-Maximum limits are
more restricted than the CGL; few insurers offer per occurrence limits over $2
million in their BOPs.
Which one of the following best describes the "property not covered" provisions
of the businessowners policy (BOP)? -correct-answer-The BOP has a relatively
short list of 'property not covered' because the insureds eligible for a BOP are
generally lower-risk, more homogenous types of businesses.
,2|Page
Which one of the following statements is correct with respect to rating a
businessowners policy (BOP)? -correct-answer-It is usually much simpler than
rating a comparable commercial package policy.
Which one of the following property coverages is often included or available as an
option in a businessowners policy (BOP)? -correct-answer-Employee dishonesty
Under the businessowners policy (BOP) -correct-answer-Many coverages that
would require separate policies or coverage parts in the commercial package
program are either included or available as options.
Which one of the following statements is correct with respect to the liability
coverage available under a businessowners policy (BOP)? -correct-answer-Both
ISO and AAIS offer BOP endorsements adding employee benefit liability coverage
and employment practices liability coverage.
A Commercial Package policy may include the following coverage types EXCEPT: -
correct-answer-Health
Which one of the following types of business is usually eligible for coverage under
a businessowners policy? -correct-answer-Apartment building
,3|Page
Which one of the following best describes one of the major differences between
liability coverage provided by the typical businessowners policy (BOP) and the
Insurance Services Office (ISO) Commercial General Liability (CGL) Coverage Form?
-correct-answer-Hired and nonowned autos liability coverage is usually offered by
BOPs, either as part of the form or by endorsement.
Which one of the following statements best describes how businessowners
policies (BOP) coverages compare with those provided by commercial package
policies? -correct-answer-The BOP coverages are similar to the coverages provided
under commercial package policies.
Which one of the following is correct with respect to the professional liability
coverage available under the businessowners policy (BOP) and the Commercial
General Liability (CGL) Coverage Form? -correct-answer-An important difference
between the BOP's liability coverage and the CGL's is the availability of optional
professional liability coverage endorsements for use with BOP.
Which one of the following statements is correct with respect to the liability
coverage available under businessowners policies (BOPs)? -correct-answer-Certain
liability coverage options are not part of most BOP programs because the insureds
that need them generally do not qualify for BOPs.
, 4|Page
Federal workers compensation statutes apply to which one of the following
workers? -correct-answer-An interstate railroad worker
Part One of the Workers Compensation and Employers Liability Insurance Policy
provides that the insured will reimburse the insurer for which one of the
following? -correct-answer-Penalties required under a workers compensation law
because of the employer's willful misconduct.
Which one of the following best explains why the premium discount plan for
workers compensation insurance provides an increasing credit for premiums in
excess of a certain minimum? -correct-answer-Many of the expenses of providing
workers compensation insurance do not increase proportionately with increases
in premium.
The workers compensation laws of some states are inapplicable to which one of
the following? -correct-answer-Partners, sole proprietors, or executive officers.
Omicron Corporation currently does business in Colorado, Nebraska, and Kansas.
These states are listed in Item 3.A on the Information Page of Omicron's Workers
Compensation and Employers Liability Insurance Policy. The company is hoping to
expand its operations into Utah, Arizona, and New Mexico during the next year.
Which one of the following statements is correct with respect to workers
