FLORIDA PERSONAL LINES (20-44)
LICENSURE EXAM QUESTIONS AND
ANSWERS
1. In Florida, the Personal Injury Protection (PIP) benefit covers what percentage of a
qualified individual’s medical expenses if the injury is classified as an Emergency Medical
Condition (EMC)?
A. 60%
B. 75%
C. 100%
D. 80%
Answer: D
Conceptual Explanation: Florida PIP covers 80% of reasonable medical expenses for an
Emergency Medical Condition, up to a limit of $10,000.
2. Which of the following forms provides ‘All-Risk’ or ‘Open Perils’ coverage on both the
dwelling and personal property?
A. HO-3 Special Form
,B. HO-2 Broad Form
C. HO-5 Comprehensive Form
D. HO-8 Modified Form
Answer: C
Conceptual Explanation: The HO-5 Comprehensive Form is the broadest homeowners
form, providing open perils coverage for both the dwelling (Coverage A) and personal
property (Coverage C).
3. Under the Florida Financial Responsibility Law, an operator of a vehicle is required to have
what minimum liability limits following an accident involving bodily injury?
A. 25/50/25
B. 10/20/10
C. 50/100/50
D. 100/300/50
Answer: B
Conceptual Explanation: Florida’s Financial Responsibility Law requires 10/20/10
($10,000 bodily injury per person, $20,000 bodily injury per occurrence, and $10,000
property damage liability) when an accident results in bodily injury.
, 4. Which coverage under a Homeowners policy is typically excluded for a property that has
been vacant for more than 60 consecutive days prior to a loss?
A. Vandalism and Malicious Mischief
B. Windstorm and Hail
C. Fire and Lightning
D. Explosion
Answer: A
Conceptual Explanation: Standard HO forms exclude coverage for vandalism and glass
breakage if the dwelling has been vacant for more than 60 consecutive days.
5. Citizens Property Insurance Corporation was primarily created by the Florida Legislature to:
A. Provide affordable insurance for low-income residents
B. Act as a market of last resort for those unable to find coverage in the voluntary market
C. Regulate the rates of private insurance companies
D. Insure commercial skyscrapers and industrial parks only
Answer: B
Conceptual Explanation: Citizens is a state-created entity that serves as the insurer of last
resort for Florida residents who cannot obtain property insurance from private companies.
LICENSURE EXAM QUESTIONS AND
ANSWERS
1. In Florida, the Personal Injury Protection (PIP) benefit covers what percentage of a
qualified individual’s medical expenses if the injury is classified as an Emergency Medical
Condition (EMC)?
A. 60%
B. 75%
C. 100%
D. 80%
Answer: D
Conceptual Explanation: Florida PIP covers 80% of reasonable medical expenses for an
Emergency Medical Condition, up to a limit of $10,000.
2. Which of the following forms provides ‘All-Risk’ or ‘Open Perils’ coverage on both the
dwelling and personal property?
A. HO-3 Special Form
,B. HO-2 Broad Form
C. HO-5 Comprehensive Form
D. HO-8 Modified Form
Answer: C
Conceptual Explanation: The HO-5 Comprehensive Form is the broadest homeowners
form, providing open perils coverage for both the dwelling (Coverage A) and personal
property (Coverage C).
3. Under the Florida Financial Responsibility Law, an operator of a vehicle is required to have
what minimum liability limits following an accident involving bodily injury?
A. 25/50/25
B. 10/20/10
C. 50/100/50
D. 100/300/50
Answer: B
Conceptual Explanation: Florida’s Financial Responsibility Law requires 10/20/10
($10,000 bodily injury per person, $20,000 bodily injury per occurrence, and $10,000
property damage liability) when an accident results in bodily injury.
, 4. Which coverage under a Homeowners policy is typically excluded for a property that has
been vacant for more than 60 consecutive days prior to a loss?
A. Vandalism and Malicious Mischief
B. Windstorm and Hail
C. Fire and Lightning
D. Explosion
Answer: A
Conceptual Explanation: Standard HO forms exclude coverage for vandalism and glass
breakage if the dwelling has been vacant for more than 60 consecutive days.
5. Citizens Property Insurance Corporation was primarily created by the Florida Legislature to:
A. Provide affordable insurance for low-income residents
B. Act as a market of last resort for those unable to find coverage in the voluntary market
C. Regulate the rates of private insurance companies
D. Insure commercial skyscrapers and industrial parks only
Answer: B
Conceptual Explanation: Citizens is a state-created entity that serves as the insurer of last
resort for Florida residents who cannot obtain property insurance from private companies.
