FLORIDA PERSONAL LINES EXAM QUESTIONS
AND ANSWERS
Under Part A of a Personal Auto Policy, which of the
following losses would be covered?
A.) Damage to property being transported by the
insured
B.) Damage to a neighbor's parked car
C.) Damage to a neighbor's lawn mower in the care
of the insured
D.) Damage to the home the insured owns -
ANSWER -B.) Damage to a neighbor's parked car
,Which of the following is true regarding the Fine
Arts Floater?
A.) Coverage is limited to the United States, Canada,
and Mexico
B.) Coverage is primarily for stamps and coins
C.) It provides automatic coverage on newly
acquired items for 90 days
D.) It settles losses on an ACV basis - ANSWER -C.) It
provides automatic coverage on newly acquired
items for 90 days
All of the following statements are correct about a
Homeowners Policy, except:
A.) Home schooling is covered under a Homeowners
Policy
,B.) Coverage D of a Homeowners Policy includes loss
of income from an incidental business
C.) A Homeowners Policy will not cover theft of a
boat away from premises
D.) Coverage D of a Homeowners Policy covers
additional living expenses - ANSWER -B.) Coverage
D of a Homeowners Policy includes loss of income
from an incidental business
Under disability income insurance, a monthly
benefit will be ________ of the insured's monthly
income.
A.) 80 1/2%
B.) 66 2/3%
C.) 70 2/3%
D.) 50 3/4% - ANSWER -B.) 66 2/3%
, All of the following items of property are considered
property not covered under Coverage C of a
Homeowners policy, except:
A.) Credit cards
B.) Personal property of a guest
C.) Pets
D.) Personal property of a tenant - ANSWER -B.)
Personal property of a guest
Which of the following is NOT a purpose of
licensing?
A.) For the applicant to be familiar with the Florida
insurance laws
B.) To authorize and enable the licensee to actively
and in good faith engage in the insurance business
as an agent
AND ANSWERS
Under Part A of a Personal Auto Policy, which of the
following losses would be covered?
A.) Damage to property being transported by the
insured
B.) Damage to a neighbor's parked car
C.) Damage to a neighbor's lawn mower in the care
of the insured
D.) Damage to the home the insured owns -
ANSWER -B.) Damage to a neighbor's parked car
,Which of the following is true regarding the Fine
Arts Floater?
A.) Coverage is limited to the United States, Canada,
and Mexico
B.) Coverage is primarily for stamps and coins
C.) It provides automatic coverage on newly
acquired items for 90 days
D.) It settles losses on an ACV basis - ANSWER -C.) It
provides automatic coverage on newly acquired
items for 90 days
All of the following statements are correct about a
Homeowners Policy, except:
A.) Home schooling is covered under a Homeowners
Policy
,B.) Coverage D of a Homeowners Policy includes loss
of income from an incidental business
C.) A Homeowners Policy will not cover theft of a
boat away from premises
D.) Coverage D of a Homeowners Policy covers
additional living expenses - ANSWER -B.) Coverage
D of a Homeowners Policy includes loss of income
from an incidental business
Under disability income insurance, a monthly
benefit will be ________ of the insured's monthly
income.
A.) 80 1/2%
B.) 66 2/3%
C.) 70 2/3%
D.) 50 3/4% - ANSWER -B.) 66 2/3%
, All of the following items of property are considered
property not covered under Coverage C of a
Homeowners policy, except:
A.) Credit cards
B.) Personal property of a guest
C.) Pets
D.) Personal property of a tenant - ANSWER -B.)
Personal property of a guest
Which of the following is NOT a purpose of
licensing?
A.) For the applicant to be familiar with the Florida
insurance laws
B.) To authorize and enable the licensee to actively
and in good faith engage in the insurance business
as an agent
