GA P&C Practice Test Practice Questions
with Complete Solutions (Latest 2025)
Which of the following statements concerning the types of
Homeowner's policies are correct? - Correct Answers ✅HO-
6 provides coverage for the insured interest in additions,
alterations and improvements made to a condo unit
Laws which form the most common legal basis for
responsibility to others for losses caused by one's action are
the: - Correct Answers ✅Law of Negligence
In Property and Casualty Insurance Field, for a loss to
bepayable, insurable, interest must be exist? - Correct
Answers ✅at the time of the loss only
General Liability insurance does not cover liability arised out
of - Correct Answers ✅aircraft owned by the insured
The Insurance Commissioner of this State is: - Correct
Answers ✅elected for a 4 year term
A Mobile Home - Correct Answers ✅can be insured much
like a conventional home with the same perils insured with a
modified homeowners policy
An insurer that is an unincorporated aggregation of persons,
operating individually and collectively through an attorney-
in0act to provide insurance among themselves is known as: -
Correct Answers ✅a reciprocal insurer
,GA P&C Practice Test Practice Questions
with Complete Solutions (Latest 2025)
Which of the following losses to personal property would be
covered in a full HO-3 policy that contained no endorsements
increasing coverage - Correct Answers ✅a $2000 fire loss
to jewlery
A Foreign Insurance Company is: - Correct Answers ✅an
American company not organized under the laws of this state
but licensed in this state
Under commercial genera liability claims made coverage the
basic extended reporting period - Correct Answers
✅provides a five (5) year period for reporting claims for
which the occurence was reported during the policy period or
within the 60 days past expiration
All of the following statements are correct EXCEPT: - Correct
Answers ✅Theft implies physical violence
An agent induces a policyholder to drop one policy and
replace it with a new one to his detriment. This is called: -
Correct Answers ✅Twisting
The act of returning to the insured or applicnt a part of his
premium or giving the insured or applicant a special favor or
advantage in dividends or other financial profits on the policy
or offering to give sell or purchase any stocks bonds or other
, GA P&C Practice Test Practice Questions
with Complete Solutions (Latest 2025)
securties of an corporation including the insurance company
as a special inducement for the purcharser to buy is called -
Correct Answers ✅rebating
Marshall and Gloria have a HO-3 with $100,000 Coverage A
limit. They suffer a $100,000 loss to the dwelling. What will
their policy pay for debris removal? - Correct Answers ✅up
to $5000
Which of the following provisions of a Fidelity Bond permits
an employer tomake a claim after the bond expires, providing
the loss is ascertained and assuming that the loss was
caused while bond was in force - Correct Answers
✅Discovery Period Clause
The principle of indemnity prevents insureds form profiting
form loses. Which of the following is determined by
subtracting depreciation from replacement cost - Correct
Answers ✅Actual Cash Value
Insurable interes requires that the insrued must suffer
financail loss or incur some other kind of economic harm if
loss occurs. All of the following support insurable interest in
P&C insurance except - Correct Answers ✅Individual lives
in close proximity to property
with Complete Solutions (Latest 2025)
Which of the following statements concerning the types of
Homeowner's policies are correct? - Correct Answers ✅HO-
6 provides coverage for the insured interest in additions,
alterations and improvements made to a condo unit
Laws which form the most common legal basis for
responsibility to others for losses caused by one's action are
the: - Correct Answers ✅Law of Negligence
In Property and Casualty Insurance Field, for a loss to
bepayable, insurable, interest must be exist? - Correct
Answers ✅at the time of the loss only
General Liability insurance does not cover liability arised out
of - Correct Answers ✅aircraft owned by the insured
The Insurance Commissioner of this State is: - Correct
Answers ✅elected for a 4 year term
A Mobile Home - Correct Answers ✅can be insured much
like a conventional home with the same perils insured with a
modified homeowners policy
An insurer that is an unincorporated aggregation of persons,
operating individually and collectively through an attorney-
in0act to provide insurance among themselves is known as: -
Correct Answers ✅a reciprocal insurer
,GA P&C Practice Test Practice Questions
with Complete Solutions (Latest 2025)
Which of the following losses to personal property would be
covered in a full HO-3 policy that contained no endorsements
increasing coverage - Correct Answers ✅a $2000 fire loss
to jewlery
A Foreign Insurance Company is: - Correct Answers ✅an
American company not organized under the laws of this state
but licensed in this state
Under commercial genera liability claims made coverage the
basic extended reporting period - Correct Answers
✅provides a five (5) year period for reporting claims for
which the occurence was reported during the policy period or
within the 60 days past expiration
All of the following statements are correct EXCEPT: - Correct
Answers ✅Theft implies physical violence
An agent induces a policyholder to drop one policy and
replace it with a new one to his detriment. This is called: -
Correct Answers ✅Twisting
The act of returning to the insured or applicnt a part of his
premium or giving the insured or applicant a special favor or
advantage in dividends or other financial profits on the policy
or offering to give sell or purchase any stocks bonds or other
, GA P&C Practice Test Practice Questions
with Complete Solutions (Latest 2025)
securties of an corporation including the insurance company
as a special inducement for the purcharser to buy is called -
Correct Answers ✅rebating
Marshall and Gloria have a HO-3 with $100,000 Coverage A
limit. They suffer a $100,000 loss to the dwelling. What will
their policy pay for debris removal? - Correct Answers ✅up
to $5000
Which of the following provisions of a Fidelity Bond permits
an employer tomake a claim after the bond expires, providing
the loss is ascertained and assuming that the loss was
caused while bond was in force - Correct Answers
✅Discovery Period Clause
The principle of indemnity prevents insureds form profiting
form loses. Which of the following is determined by
subtracting depreciation from replacement cost - Correct
Answers ✅Actual Cash Value
Insurable interes requires that the insrued must suffer
financail loss or incur some other kind of economic harm if
loss occurs. All of the following support insurable interest in
P&C insurance except - Correct Answers ✅Individual lives
in close proximity to property
