Nj Psi Property Casualty Final Prep 2026 Verified Answers Included

NJ PSI PROPERTY CASUALTY FINAL
PREP 2026 VERIFIED ANSWERS
INCLUDED

◉ All of the following are eligible for coverage under Homeowners
policy except?
A. A condominium unit owner.
B. A farm owner.
C. A mobile home owner.
D. A tenant in an apartment building.
Answer: B. A farm owner.


◉ The term Insured Location under Section II of Homeowners policies
refers to all of the following except?
A. The insured premises.
B. Farm land.
C. A non-owned premises where an insured temporarily resides.
D. A newly-acquired premises.
Answer: B. Farm land.


◉ All of the following would be considered insured's under a
Homeowner's policy expect?
A. Resident relatives of the insured.

, B. A non-relative resident under age 21 in the care of the insured.
C. The insured's spouse if the spouse lives in the household.
D. A non-relative resident over age 21.
Answer: D. A non-relative resident over age 21.


◉ All of the following homeowners policies provide dwelling coverage
except?
A. HO-2
B. HO-3
C. HO-4
D. HO-1
Answer: C. HO-4


◉ Dwelling coverage A includes all of the following except?
A. The dwelling.
B. The deck on the back of the dwelling.
C. A Gazebo.
D. Construction materials on the residence premises for use in the repair
of the dwelling.
Answer: C. A Gazebo.


◉ Under Homeowners policies, the base deductible applicable to
property losses, Section I, is?
A. $100