FLORIDA PERSONAL LINES AGENT 20-
44 CERTIFICATION EXAM PREP
QUESTIONS AND ANSWERS
1. Under Florida’s No-Fault Law, if an insured is not diagnosed with an Emergency Medical
Condition (EMC), what is the maximum medical benefit available under Personal Injury
Protection (PIP)?
A. $10,000
B. $1,000
C. $5,000
D. $2,500
Answer: D
Conceptual Explanation: If a medical provider does not diagnose the individual with an
Emergency Medical Condition (EMC), the PIP medical benefit is limited to $2,500.
2. Which of the following Florida state entities is responsible for licensing insurance agents
and investigating consumer complaints?
A. The Office of Insurance Regulation (OIR)
,B. The Florida Insurance Guaranty Association (FIGA)
C. The Department of Financial Services (DFS)
D. The Financial Services Commission
Answer: C
Conceptual Explanation: The Department of Financial Services (DFS), headed by the CFO,
is responsible for agent licensing, consumer services, and fraud investigation.
3. In Florida, the Financial Responsibility Law is typically triggered by which of the following
events?
A. An accident involving bodily injury or property damage rendering a vehicle inoperable
B. Registering a vehicle for the first time
C. Purchasing a vehicle with a lien
D. Renewing a driver’s license
Answer: A
Conceptual Explanation: The Financial Responsibility Law is triggered by an accident
involving bodily injury, or property damage where a vehicle is towed, or specific serious
convictions like DUI.
4. What is the maximum limit per claim that the Florida Insurance Guaranty Association
(FIGA) will pay for a covered property claim, excluding specialized homeowners’ claims?
A. $100,000
, B. $500,000
C. $250,000
D. $300,000
Answer: D
Conceptual Explanation: FIGA generally covers claims up to $300,000, although there is
an additional $200,000 available for specific homeowners’ structure and contents claims.
5. Under the Homeowners HO-6 policy in Florida, what is the minimum required limit for
Coverage A (Dwelling) for additions and alterations?
A. $2,000
B. $1,000
C. $5,000
D. $10,000
Answer: A
Conceptual Explanation: Florida Statute requires that HO-6 condo unit owner policies
provide at least $2,000 of Coverage A for the unit’s alterations and improvements.
6. A Florida policyholder has a Personal Injury Protection (PIP) limit of $10,000. If they incur
$10,000 in medical bills, how much will PIP pay if the deductible is $0?
A. $10,000
B. $5,000
44 CERTIFICATION EXAM PREP
QUESTIONS AND ANSWERS
1. Under Florida’s No-Fault Law, if an insured is not diagnosed with an Emergency Medical
Condition (EMC), what is the maximum medical benefit available under Personal Injury
Protection (PIP)?
A. $10,000
B. $1,000
C. $5,000
D. $2,500
Answer: D
Conceptual Explanation: If a medical provider does not diagnose the individual with an
Emergency Medical Condition (EMC), the PIP medical benefit is limited to $2,500.
2. Which of the following Florida state entities is responsible for licensing insurance agents
and investigating consumer complaints?
A. The Office of Insurance Regulation (OIR)
,B. The Florida Insurance Guaranty Association (FIGA)
C. The Department of Financial Services (DFS)
D. The Financial Services Commission
Answer: C
Conceptual Explanation: The Department of Financial Services (DFS), headed by the CFO,
is responsible for agent licensing, consumer services, and fraud investigation.
3. In Florida, the Financial Responsibility Law is typically triggered by which of the following
events?
A. An accident involving bodily injury or property damage rendering a vehicle inoperable
B. Registering a vehicle for the first time
C. Purchasing a vehicle with a lien
D. Renewing a driver’s license
Answer: A
Conceptual Explanation: The Financial Responsibility Law is triggered by an accident
involving bodily injury, or property damage where a vehicle is towed, or specific serious
convictions like DUI.
4. What is the maximum limit per claim that the Florida Insurance Guaranty Association
(FIGA) will pay for a covered property claim, excluding specialized homeowners’ claims?
A. $100,000
, B. $500,000
C. $250,000
D. $300,000
Answer: D
Conceptual Explanation: FIGA generally covers claims up to $300,000, although there is
an additional $200,000 available for specific homeowners’ structure and contents claims.
5. Under the Homeowners HO-6 policy in Florida, what is the minimum required limit for
Coverage A (Dwelling) for additions and alterations?
A. $2,000
B. $1,000
C. $5,000
D. $10,000
Answer: A
Conceptual Explanation: Florida Statute requires that HO-6 condo unit owner policies
provide at least $2,000 of Coverage A for the unit’s alterations and improvements.
6. A Florida policyholder has a Personal Injury Protection (PIP) limit of $10,000. If they incur
$10,000 in medical bills, how much will PIP pay if the deductible is $0?
A. $10,000
B. $5,000
