State Farm IA Fire/Policy Certification
Exam Questions Solved Correctly.
HO Policy FP7955 - Answer Section 1 set up like baseball diamond
Coverages - Answer Coverage A - Accidental direct physical loss (ADPL); Coverage B - accidental direct
physical loss on a named peril basis
Coverage A - Dwelling - Answer 1. Dwelling used principally as a private residence on the residence
premises; Dwelling includes: building, building materials in use of actively altering building, foundation,
and wall-to-wall carpeting; 2. Dwelling Extensions: covers other structures separate from the dwelling;
must be located on resident's premises; structures connected by fencing, can include buildings and non-
buildings; other structures: do not have wall or roof; Does not cover structures that are not permanently
attached to the main dwelling: bird baths, above ground swimming pools, structure on foundation,
structure being used for business purposes; 3. Property not covered
Coverage B - Personal Property - Answer Cover personal property owned or used by an insured while it
is anywhere in the world; COVERAGE B - PERSONAL PROPERTY 1. Property Covered. We cover personal
property owned or used by an insured while it is anywhere in the world. This includes structures not
permanently attached to or otherwise forming a part of the realty. At your request, we will cover
personal property owned by others while the property is on the part of the residence premises occupied
exclusively by an insured. At your request, we will also cover personal property owned by a guest or a
residence employee, while the property is in any other residence occupied by an insured. We cover
personal property usually situated at an insured's residence, other than the residence premises, for up
to $1,000 or 10% of the Coverage B limit, whichever is greater. This limitation does not apply to personal
property in a newly acquired principal residence for the first 30 days after you start moving the property
there. If the residence premises is a newly acquired principal residence, personal property in your
immediate past principal residence is not subject to this limitation for the first 30 days after the
inception of this policy. Special Limits of Liability. 2. Property Not Covered. We do not cover: f. property
of roomers, boarders, tenants and other residents not related to an insured. We do cover property of
roomers, boarders and other residents related to an insured; L.O.L.: Coverage B: 10% of Coverage A Limit
Section I - Additional Coverages - Answer 1. Debris Removal - reasonable expenses incurred in removal
of debris of covered property damaged by a loss insured; 2. Temporary Repairs - covers temporary
repairs to protect damaged covered property from further loss; 3. Trees, Shrubs, and Other Plants - cover
foliage for direct loss from fire or lightning, explosion, riot or civil commotion, aircraft, vehicles,
vandalism or malicious mischief or theft; limit for this coverage shall not exceed 5% of the amount
, shown in Coverage A - Dwelling, pay no more than $500 for any singular tree or plant; 4. Fire
Department Service Charge - pay up to $500, no deductible; 5. Property Removed - covered property is
covered for any accidental direct physical loss while removing the item from risk of Loss Insured; applies
for up to 30 days while removed; 6. Credit Card, Bank Fund Transfer Card, Forgery and Counterfeit
Money - No deductible applies to this coverage; 7. Power Interruption - cover accidental direct physical
loss resulting in change of temperature caused by power interruption that takes place on the residence
premises; 8. Refrigerated Products - covers contents of deep freeze or refrigerated unites on the
residence premises for loss due to power failure or mechanical failure; 9. Arson Reward - pay $1000 for
information that leads to arson conviction in connections with a fire loss to property; 10. Volcanic Action
- direct physical loss due to volcanic eruption: volcanic blast or airborne shock waves; ash, dust or
particulate matter; or lava flow; 11. Collapse - direct physical loss to covered property involving the
sudden, entire collapse of a building or any part of a building; 12. Locks - cover to re-key locks on exterior
doors of residence premises, no deductible applies to this coverage; INFLATION COVERAGE: The limits of
liability shown in the Declarations for Cover
Section II - Liability Coverages - Answer Coverage L - Personal Liability: bodily injury or property
damage; Coverage M - Medical Payments: cover injuries incurred or medically ascertained within three
years from the date of an accident causing bodily injury; Section II - Additional Coverages: 1. Claim
Expenses 2. First Aid Expenses 3. Damage to Property of Others
Section I and II - Conditions - Answer 1. Policy Period; 2. Concealment or Fraud; 3. Liberalization Clause;
4. Waiver or Change of Policy Provisions; 5. Cancellation; 6. Non-renewal; 7. Assignment; 8. Subrogation;
9.Death; 10. Conformity to State Law
Exercise 1 - Answer Wood Fence is ALWAYS ACV: $850; Gas Grill: RCV - $300; Outdoor Antenna: $500
Definitions - Answer 1. "You" and "your" mean the "named insured" shown in the Declarations. Your
spouse is included if a resident of your household. "We", "us" and "our" mean the Company shown in
the Declarations; 2. "business" means a trade, profession or occupation. This includes farming; 4.
"insured" means you and, if residents of your household: a. your relatives; and b. any other person
under the age of 21 who is in the care of a person described above; 5. "insured location" means: a. the
residence premises; b. the part of any other premises, other structures and grounds used by you as a
residence. This includes premises, structures and grounds you acquire while this policy is in effect for
your use as a residence; c. any premises used by you in connection with the premises included in 5.a. or
5.b.; d. any part of a premises not owned by an insured but where an insured is temporarily residing; e.
land owned by or rented to an insured on which a one or two family dwelling is being constructed as a
residence for an insured; f. individual or family cemetery plots or burial vaults owned by an insured; g.
any part of a premises occasionally rented to an insured for other than business purposes; h. vacant land
owned by or rented to an insured. This does not include farm land; and i. farm land (without buildings),
rented or held for rental to others, but not to exceed a total of 500 acres, regardless of the number of
Exam Questions Solved Correctly.
HO Policy FP7955 - Answer Section 1 set up like baseball diamond
Coverages - Answer Coverage A - Accidental direct physical loss (ADPL); Coverage B - accidental direct
physical loss on a named peril basis
Coverage A - Dwelling - Answer 1. Dwelling used principally as a private residence on the residence
premises; Dwelling includes: building, building materials in use of actively altering building, foundation,
and wall-to-wall carpeting; 2. Dwelling Extensions: covers other structures separate from the dwelling;
must be located on resident's premises; structures connected by fencing, can include buildings and non-
buildings; other structures: do not have wall or roof; Does not cover structures that are not permanently
attached to the main dwelling: bird baths, above ground swimming pools, structure on foundation,
structure being used for business purposes; 3. Property not covered
Coverage B - Personal Property - Answer Cover personal property owned or used by an insured while it
is anywhere in the world; COVERAGE B - PERSONAL PROPERTY 1. Property Covered. We cover personal
property owned or used by an insured while it is anywhere in the world. This includes structures not
permanently attached to or otherwise forming a part of the realty. At your request, we will cover
personal property owned by others while the property is on the part of the residence premises occupied
exclusively by an insured. At your request, we will also cover personal property owned by a guest or a
residence employee, while the property is in any other residence occupied by an insured. We cover
personal property usually situated at an insured's residence, other than the residence premises, for up
to $1,000 or 10% of the Coverage B limit, whichever is greater. This limitation does not apply to personal
property in a newly acquired principal residence for the first 30 days after you start moving the property
there. If the residence premises is a newly acquired principal residence, personal property in your
immediate past principal residence is not subject to this limitation for the first 30 days after the
inception of this policy. Special Limits of Liability. 2. Property Not Covered. We do not cover: f. property
of roomers, boarders, tenants and other residents not related to an insured. We do cover property of
roomers, boarders and other residents related to an insured; L.O.L.: Coverage B: 10% of Coverage A Limit
Section I - Additional Coverages - Answer 1. Debris Removal - reasonable expenses incurred in removal
of debris of covered property damaged by a loss insured; 2. Temporary Repairs - covers temporary
repairs to protect damaged covered property from further loss; 3. Trees, Shrubs, and Other Plants - cover
foliage for direct loss from fire or lightning, explosion, riot or civil commotion, aircraft, vehicles,
vandalism or malicious mischief or theft; limit for this coverage shall not exceed 5% of the amount
, shown in Coverage A - Dwelling, pay no more than $500 for any singular tree or plant; 4. Fire
Department Service Charge - pay up to $500, no deductible; 5. Property Removed - covered property is
covered for any accidental direct physical loss while removing the item from risk of Loss Insured; applies
for up to 30 days while removed; 6. Credit Card, Bank Fund Transfer Card, Forgery and Counterfeit
Money - No deductible applies to this coverage; 7. Power Interruption - cover accidental direct physical
loss resulting in change of temperature caused by power interruption that takes place on the residence
premises; 8. Refrigerated Products - covers contents of deep freeze or refrigerated unites on the
residence premises for loss due to power failure or mechanical failure; 9. Arson Reward - pay $1000 for
information that leads to arson conviction in connections with a fire loss to property; 10. Volcanic Action
- direct physical loss due to volcanic eruption: volcanic blast or airborne shock waves; ash, dust or
particulate matter; or lava flow; 11. Collapse - direct physical loss to covered property involving the
sudden, entire collapse of a building or any part of a building; 12. Locks - cover to re-key locks on exterior
doors of residence premises, no deductible applies to this coverage; INFLATION COVERAGE: The limits of
liability shown in the Declarations for Cover
Section II - Liability Coverages - Answer Coverage L - Personal Liability: bodily injury or property
damage; Coverage M - Medical Payments: cover injuries incurred or medically ascertained within three
years from the date of an accident causing bodily injury; Section II - Additional Coverages: 1. Claim
Expenses 2. First Aid Expenses 3. Damage to Property of Others
Section I and II - Conditions - Answer 1. Policy Period; 2. Concealment or Fraud; 3. Liberalization Clause;
4. Waiver or Change of Policy Provisions; 5. Cancellation; 6. Non-renewal; 7. Assignment; 8. Subrogation;
9.Death; 10. Conformity to State Law
Exercise 1 - Answer Wood Fence is ALWAYS ACV: $850; Gas Grill: RCV - $300; Outdoor Antenna: $500
Definitions - Answer 1. "You" and "your" mean the "named insured" shown in the Declarations. Your
spouse is included if a resident of your household. "We", "us" and "our" mean the Company shown in
the Declarations; 2. "business" means a trade, profession or occupation. This includes farming; 4.
"insured" means you and, if residents of your household: a. your relatives; and b. any other person
under the age of 21 who is in the care of a person described above; 5. "insured location" means: a. the
residence premises; b. the part of any other premises, other structures and grounds used by you as a
residence. This includes premises, structures and grounds you acquire while this policy is in effect for
your use as a residence; c. any premises used by you in connection with the premises included in 5.a. or
5.b.; d. any part of a premises not owned by an insured but where an insured is temporarily residing; e.
land owned by or rented to an insured on which a one or two family dwelling is being constructed as a
residence for an insured; f. individual or family cemetery plots or burial vaults owned by an insured; g.
any part of a premises occasionally rented to an insured for other than business purposes; h. vacant land
owned by or rented to an insured. This does not include farm land; and i. farm land (without buildings),
rented or held for rental to others, but not to exceed a total of 500 acres, regardless of the number of
