Texas Property and Casualty practice
exam / Complete Questions & Correct
Detailed Answers (100% Correct) 2025 /
2026.
_____________Quiz____________?
Coverage for water backup or sump pump overflow is excluded from the Dwelling Policy.
However, with the purchase of the water backup and sump pump overflow endorsement,
coverage for up to $5,000 in loss or damage can be provided for an additional premium.
What is the deductible associated with this coverage? -
Answer✓✓
$250
Coverage for up to $5,000 in loss or damage, subject to a $250 deductible, can be provided
for an additional premium with this endorsement.
_____________Quiz____________?
An insured relocated to another state for work. However, she still owns and insures a house
in this state, but has had no one living in it for 3 months. She is also storing some furniture
and clothes in the house. From an insurance standpoint, the insured's house is considered -
Answer✓✓
Unoccupied
Unoccupancy refers to an insured structure in which no people have been living or working
within the required period of time, but the structure contains contents.
1
, _____________Quiz____________?
Individuals in the business of selling construction equipment and mobile equipment should
insure with a/an -
Answer✓✓
Equipment dealers coverage form
An equipment dealer's coverage form covers a dealer's stock in trade consisting primarily of
mobile agricultural equipment and construction equipment. It also covers property of others
in the dealer's care, custody, or control. It excludes coverage for autos, motorcycles, aircraft,
and watercraft.
_____________Quiz____________?
All of the following are true regarding deposit premium -
Answer✓✓
It must be paid in advance.
It is an estimated premium paid at the policy issue.
It could be adjusted by the audit.
Deposit premium is an estimated premium paid in advance at the time the policy is issued
that may be adjusted by the audit based on actual exposures.
_____________Quiz____________?
Which of the following is NOT an essential element of an insurance contract? -
Answer✓✓
2
exam / Complete Questions & Correct
Detailed Answers (100% Correct) 2025 /
2026.
_____________Quiz____________?
Coverage for water backup or sump pump overflow is excluded from the Dwelling Policy.
However, with the purchase of the water backup and sump pump overflow endorsement,
coverage for up to $5,000 in loss or damage can be provided for an additional premium.
What is the deductible associated with this coverage? -
Answer✓✓
$250
Coverage for up to $5,000 in loss or damage, subject to a $250 deductible, can be provided
for an additional premium with this endorsement.
_____________Quiz____________?
An insured relocated to another state for work. However, she still owns and insures a house
in this state, but has had no one living in it for 3 months. She is also storing some furniture
and clothes in the house. From an insurance standpoint, the insured's house is considered -
Answer✓✓
Unoccupied
Unoccupancy refers to an insured structure in which no people have been living or working
within the required period of time, but the structure contains contents.
1
, _____________Quiz____________?
Individuals in the business of selling construction equipment and mobile equipment should
insure with a/an -
Answer✓✓
Equipment dealers coverage form
An equipment dealer's coverage form covers a dealer's stock in trade consisting primarily of
mobile agricultural equipment and construction equipment. It also covers property of others
in the dealer's care, custody, or control. It excludes coverage for autos, motorcycles, aircraft,
and watercraft.
_____________Quiz____________?
All of the following are true regarding deposit premium -
Answer✓✓
It must be paid in advance.
It is an estimated premium paid at the policy issue.
It could be adjusted by the audit.
Deposit premium is an estimated premium paid in advance at the time the policy is issued
that may be adjusted by the audit based on actual exposures.
_____________Quiz____________?
Which of the following is NOT an essential element of an insurance contract? -
Answer✓✓
2
