NJ PSI Property and Casualty Exam
Study online at https://quizlet.com/_gy9brf
1. The Mobile Home Endorsement of a Homeowners pol- D. HO-2 or HO-3 (Broad
icy affords coverage to mobile homes under the? and Special)
A. HO-1 (Basic Form)
B. HO-2 (Broad Form)
C. HO-3 (Special Form)
D. HO-2 or HO-3 (Broad and Special)
2. All of the following are eligible for coverage under B. A farm owner.
Homeowners policy except?
A. A condominium unit owner.
B. A farm owner.
C. A mobile home owner.
D. A tenant in an apartment building.
3. The term Insured Location under Section II of Home- B. Farm land.
owners policies refers to all of the following except?
A. The insured premises.
B. Farm land.
C. A non-owned premises where an insured temporar-
ily resides.
D. A newly-acquired premises.
4. All of the following would be considered insured's un- D. A non-relative resident
der a Homeowner's policy expect? over age 21.
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 house-
hold.
D. A non-relative resident over age 21.
5. C. HO-4
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, NJ PSI Property and Casualty Exam
Study online at https://quizlet.com/_gy9brf
All of the following homeowners policies provide
dwelling coverage except?
A. HO-2
B. HO-3
C. HO-4
D. HO-1
6. Dwelling coverage A includes all of the following ex- C. A Gazebo.
cept?
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.
7. Under Homeowners policies, the base deductible ap- B. $250
plicable to property losses, Section I, is?
A. $100
B. $250
C. $500
D. $1000
8. The National Flood Insurance Program (NFIP) is a C. Federal.
________ program?
A. State.
B. Municipal.
C. Federal.
D. Worldwide.
9. All of the following are optional coverage's under C. Loss of Use Coverage.
Homeowners policies except?
A. Personal Property Replacement Cost coverage.
B. Increased coverage limits from items suck as jewel-
2/8
Study online at https://quizlet.com/_gy9brf
1. The Mobile Home Endorsement of a Homeowners pol- D. HO-2 or HO-3 (Broad
icy affords coverage to mobile homes under the? and Special)
A. HO-1 (Basic Form)
B. HO-2 (Broad Form)
C. HO-3 (Special Form)
D. HO-2 or HO-3 (Broad and Special)
2. All of the following are eligible for coverage under B. A farm owner.
Homeowners policy except?
A. A condominium unit owner.
B. A farm owner.
C. A mobile home owner.
D. A tenant in an apartment building.
3. The term Insured Location under Section II of Home- B. Farm land.
owners policies refers to all of the following except?
A. The insured premises.
B. Farm land.
C. A non-owned premises where an insured temporar-
ily resides.
D. A newly-acquired premises.
4. All of the following would be considered insured's un- D. A non-relative resident
der a Homeowner's policy expect? over age 21.
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 house-
hold.
D. A non-relative resident over age 21.
5. C. HO-4
1/8
, NJ PSI Property and Casualty Exam
Study online at https://quizlet.com/_gy9brf
All of the following homeowners policies provide
dwelling coverage except?
A. HO-2
B. HO-3
C. HO-4
D. HO-1
6. Dwelling coverage A includes all of the following ex- C. A Gazebo.
cept?
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.
7. Under Homeowners policies, the base deductible ap- B. $250
plicable to property losses, Section I, is?
A. $100
B. $250
C. $500
D. $1000
8. The National Flood Insurance Program (NFIP) is a C. Federal.
________ program?
A. State.
B. Municipal.
C. Federal.
D. Worldwide.
9. All of the following are optional coverage's under C. Loss of Use Coverage.
Homeowners policies except?
A. Personal Property Replacement Cost coverage.
B. Increased coverage limits from items suck as jewel-
2/8
