LA Personal Lines Exam Questions And verified
Answers 2024-2025
What type of limit applies to the amount of coverage on the insured's property at any one
location? -Answer Blanket
A loss which is not anticipated or foreseen at a particular time and place is -Answer an
accident
Under general practice, can the Commissioner of Insurance examine the company or
agency business records for whatever valid reason? -Answer Yes, because of the
powers defined by state laws
Mutual companies are owned by which of the following? - Answer Policyowners
Any of the following may be an unfair claims practice EXCEPT: - Answer Refusing to pay
person bringing false or fraudulent claims
An HO-4 can be issued by which of the following? - Answer A non-owner tenant of an
apartment.
Damage caused by more than one peril at the same time is - Answer a concurrent
causation
The broad theft coverage endorsement on a dwelling policy covers all of the following
EXCEPT: - Answer a personal injury
All of the following would be covered under Coverage A of a dwelling policy EXCEPT -
Answer an outbuilding on the described remises that is rented as a private garage.
, Under a homeowners policy, which of the following is NOT covered by personal injury
coverage? - Answer Medical expenses of the insured.
Which is NOT covered other-than-collison coverage on an automobile policy? - Answer
Rollover
Under the law of agency, which of the following is the principal? - Answer the Insurer
A subrogation clause allows an insurer to - Answer sue the responsible third party
PRIMARY purpose of the Fair Credit Reporting Act is to - Answer protect consumers
with guidelines regarding credit reporting and distribution
Under automobile medical payments, the Insurer pays reasonable expenses for -
Answer Funeral services
Under uninsured motorist coverage, which of the following does NOT cover the insured
for bodily injury as a result of an accident - Answer An accident caused by the insured.
The owner of a home that was built in 1850 wants to purchase insurance. This home has
hand carven crown molding banisters. For what type of home would be the primary
client? - HO-8
The "Other Insurance" condition of the dwelling fire policy provides that in the event of a
loss - the entire loss will be paid
Underinsured motorist coverage ONLY APPLIES WHEN the - Answer driver of the
vehicle that caused the accident has insufficient liability limits that are lower than the
underinsured motorist coverage on the non-negligent driver.
Answers 2024-2025
What type of limit applies to the amount of coverage on the insured's property at any one
location? -Answer Blanket
A loss which is not anticipated or foreseen at a particular time and place is -Answer an
accident
Under general practice, can the Commissioner of Insurance examine the company or
agency business records for whatever valid reason? -Answer Yes, because of the
powers defined by state laws
Mutual companies are owned by which of the following? - Answer Policyowners
Any of the following may be an unfair claims practice EXCEPT: - Answer Refusing to pay
person bringing false or fraudulent claims
An HO-4 can be issued by which of the following? - Answer A non-owner tenant of an
apartment.
Damage caused by more than one peril at the same time is - Answer a concurrent
causation
The broad theft coverage endorsement on a dwelling policy covers all of the following
EXCEPT: - Answer a personal injury
All of the following would be covered under Coverage A of a dwelling policy EXCEPT -
Answer an outbuilding on the described remises that is rented as a private garage.
, Under a homeowners policy, which of the following is NOT covered by personal injury
coverage? - Answer Medical expenses of the insured.
Which is NOT covered other-than-collison coverage on an automobile policy? - Answer
Rollover
Under the law of agency, which of the following is the principal? - Answer the Insurer
A subrogation clause allows an insurer to - Answer sue the responsible third party
PRIMARY purpose of the Fair Credit Reporting Act is to - Answer protect consumers
with guidelines regarding credit reporting and distribution
Under automobile medical payments, the Insurer pays reasonable expenses for -
Answer Funeral services
Under uninsured motorist coverage, which of the following does NOT cover the insured
for bodily injury as a result of an accident - Answer An accident caused by the insured.
The owner of a home that was built in 1850 wants to purchase insurance. This home has
hand carven crown molding banisters. For what type of home would be the primary
client? - HO-8
The "Other Insurance" condition of the dwelling fire policy provides that in the event of a
loss - the entire loss will be paid
Underinsured motorist coverage ONLY APPLIES WHEN the - Answer driver of the
vehicle that caused the accident has insufficient liability limits that are lower than the
underinsured motorist coverage on the non-negligent driver.
