• Wrong document? Swap it for free
  • Written by students who passed
  • Immediately available after payment
  • Read online or as PDF
  • 4.6 TrustPilot
0
Sell
Where do you study
Your language
Start selling Create your account
  • Pearson VUE: Casualty Insurance Practice
  • Pearson VUE: Casualty Insurance Practice
To add items to your wishlist, you must be logged in
Document preview thumbnail
Preview 2 out of 13 pages
Exam (elaborations)

Pearson Vue: Property Insurance Practice Exam

0.0
(0 reviews)
- sold
13 pages
2024/2025 Written for academic year
Institution Pearson VUE: Casualty Insurance Practice
Course Pearson VUE: Casualty Insurance Practice
Document preview thumbnail
Preview 2 out of 13 pages

PEARSON VUE: PROPERTY INSURANCE PRACTICE EXAM

Content preview

PEARSON VUE: PROPERTY
INSURANCE PRACTICE EXAM



S58is58purchasing58a58Commercial58Property58policy58to58cover58a58commercial58buildin
g58with58a58replacement58cost58of58$100,000.58The58policy58includes58an588058percent58
Coinsurance58clause.58To58avoid58a58coinsurance58penalty58in58the58event58of58a58partia
l58loss,58S58should58purchase58a58policy58with58minimum58limits58of58AT58LEAST58which
58of58the58following58amounts?


A.58$100,000

B.58$90,000

C.58$80,000

D.58$20,00058-58answer--C

The58MAXIMUM58amount58a58policy58will58pay58in58the58event58of58a58loss58is58called58t
he:58

A.58coinsurance58amount

B.58deductible

C.58limit58of58liability

D.58pro58rata58return58-58answer--C

The58National58Flood58Insurance58Program58provides58coverage58for58losses58caused58
by58all58of58the58following58occurrences58EXCEPT:

A.58mudslides

B.58runoff58from58heavy58rain

C.58overflow58of58tidal58waters

D.58water-main58breakage58-58answer--D

, Special58Form58or58Open58Perils58coverage:

A.58Provides58coverage58against58the58named58perils

B.58Provides58coverage58against58scheduled58risks

C.58Is58limited58by58the58named58exclusions

D.58Includes58no58exclusions58-58answer--C

Which58of58the58following58businesses58would58be58eligible58for58a58Businessowners58p
olicy?

A.58Auto58body58shop

B.58Theater

C.58Branch58bank

D.58Barber58shop58-58answer--D

During58a58tornado,58a58barn58is58destroyed58when58a58section58of58its58wall58is58blown58
down,58knocking58over58a58lantern,58which58sets58the58barn58on58fire.58The58proximate58
cause58of58loss58is58the:

A.58fire

B.58collapse58of58the58wall

C.58tornado

D.58smoke58-58answer--C

A58fire58in58an58insured's58restaurant58burns58the58kitchen58walls58and58causes58smoke5
8damage58to58the58entire58interior.58Water58used58to58extinguish58the58fire58causes58exte
nsive58damage58to58floors58and58furnishings.58The58water58damage58is58best58described
58as:


A.58a58time58element58loss

B.58a58consequential58loss

C.58a58direct58loss

D.58an58indirect58loss58-58answer--C

Document information

Uploaded on
July 12, 2025
Number of pages
13
Written in
2024/2025
Type
Exam (elaborations)
Contains
Questions & answers
Report Copyright Violation
$19.49
Wrong document? Swap it for free Within 14 days of purchase and before downloading, you can choose a different document. You can simply spend the amount again.
Written by students who passed
Immediately available after payment
Read online or as PDF
Seller avatar
Reputation scores are based on the amount of documents a seller has sold for a fee and the reviews they have received for those documents. There are three levels: Bronze, Silver and Gold. The better the reputation, the more your can rely on the quality of the sellers work.
favouredone
4.4
(351)
Sold
395
Followers
36
Items
10262
Last sold
2 days ago

Browse related subjects

Subjects

  • pearson vue property insurance practice exam

Why students choose Stuvia

Created by fellow students, verified by reviews

Quality you can trust: written by students who passed their tests and reviewed by others who've used these notes.

Didn't get what you expected? Choose another document

No worries! You can instantly pick a different document that better fits what you're looking for.

Pay as you like, start learning right away

No subscription, no commitments. Pay the way you're used to via credit card and download your PDF document instantly.

Student with book image

“Bought, downloaded, and aced it. It really can be that simple.”

Alisha Student

Working on your references?

Create accurate citations in APA, MLA and Harvard with our free citation generator.

Learn more Create citation
Working on your references?

Frequently asked questions