STATE FARM AUTO ADJUSTER
CERTIFICATION COMPLETE STUDY GUIDE
FEATURING VERIFIED QUESTIONS AND
FULL SOLUTIONS
⩥ Coverage E of the Homeowner's Policy has a minimum limit of:
Answer: $100,000
⩥ How much coverage is applied to contents away from the premises
under the dwelling building and contents broad form?
Answer: 10% of contents coverage
⩥ Homeowner's insurance is a package policy combining two or more
separate coverages into one policy. Which of the following are
advantages of a package policy?
Answer: Efficiency, fewer gaps in coverage
⩥ To obtain coverage for the dwelling under a homeowners contract, the
insured must:
Answer: be the owner occupant
⩥ All of the following types of personal property on each homeowner
form are subject to a special limit of liability of $1,500, except:
,a) watercraft
b) trailers
c) securities, accounts, deeds
d) firearms
Answer: d) firearms ($2500)
⩥ in the homeowners policy, personal property used for business
purposes:
Answer: is covered for up to $2,500 on the premises and up to $500 off
the premises
⩥ All of the following are additional coverages provided in addition to
the stated limits of liability in a homeowners policy, except:
a) claims expenses
b) first aid to others
c) loss assessment coverages
d) personal injuries
Answer: d) personal injury
⩥ All of the following risks would be eligible for coverage under a
homeowner policy, except:
a) a four family dwelling under construction which will be occupied by
the owner
, b) an apartment rented by a tenant non-owner
c) a small family farm
d) a mobile home
Answer: c) a small family farm
⩥ Replacement cost coverage for dwellings is available under:
Answer: DP-2 and DP-3 only
⩥ HO-8 Basic Form of homeowner's policy is the only one that lets you:
Answer: insure a house for market value
⩥ Which HO Form has the least named perils?
Answer: HO-8 Basic
⩥ Which HO Form is for older houses?
Answer: HO-8 Basic
⩥ Which HO Form has the most named perils?
Answer: HO-2 Broad
⩥ Which HO Form is all risk, for high value/luxury homes?
Answer: HO-5 Comprehensive
CERTIFICATION COMPLETE STUDY GUIDE
FEATURING VERIFIED QUESTIONS AND
FULL SOLUTIONS
⩥ Coverage E of the Homeowner's Policy has a minimum limit of:
Answer: $100,000
⩥ How much coverage is applied to contents away from the premises
under the dwelling building and contents broad form?
Answer: 10% of contents coverage
⩥ Homeowner's insurance is a package policy combining two or more
separate coverages into one policy. Which of the following are
advantages of a package policy?
Answer: Efficiency, fewer gaps in coverage
⩥ To obtain coverage for the dwelling under a homeowners contract, the
insured must:
Answer: be the owner occupant
⩥ All of the following types of personal property on each homeowner
form are subject to a special limit of liability of $1,500, except:
,a) watercraft
b) trailers
c) securities, accounts, deeds
d) firearms
Answer: d) firearms ($2500)
⩥ in the homeowners policy, personal property used for business
purposes:
Answer: is covered for up to $2,500 on the premises and up to $500 off
the premises
⩥ All of the following are additional coverages provided in addition to
the stated limits of liability in a homeowners policy, except:
a) claims expenses
b) first aid to others
c) loss assessment coverages
d) personal injuries
Answer: d) personal injury
⩥ All of the following risks would be eligible for coverage under a
homeowner policy, except:
a) a four family dwelling under construction which will be occupied by
the owner
, b) an apartment rented by a tenant non-owner
c) a small family farm
d) a mobile home
Answer: c) a small family farm
⩥ Replacement cost coverage for dwellings is available under:
Answer: DP-2 and DP-3 only
⩥ HO-8 Basic Form of homeowner's policy is the only one that lets you:
Answer: insure a house for market value
⩥ Which HO Form has the least named perils?
Answer: HO-8 Basic
⩥ Which HO Form is for older houses?
Answer: HO-8 Basic
⩥ Which HO Form has the most named perils?
Answer: HO-2 Broad
⩥ Which HO Form is all risk, for high value/luxury homes?
Answer: HO-5 Comprehensive
