NJ PSI Property and Casualty Exam EXAM NEWEST,
2024/ 2025, ACTUAL EXAM QUESTIONS AND WELL
VERIFIED ANSWERS REAL EXAM !!!
The Mobile Home Endorsement of a Homeowners policy affords coverage to
mobile homes under the? A. HO-1 (Basic Form)
B. HO-2 (Broad Form)
C. HO-3 (Special Form)
D. HO-2 or HO-3 (Broad and Special) ...........D. HO-2 or HO-3 (Broad and Special)
All of the following are eligible for coverage under Homeowners policy except?
A. A condominium unit owner.
B. A farm owner.
C. A mobile home owner.
D. A tenant in an apartment building. -ANSWER-B. A farm owner.
The term Insured Location under Section II of Homeowners policies refers to all
of the following except?
A. The insured premises.
B. Farm land.
C. A non-owned premises where an insured temporarily resides.
D. A newly-acquired premises. -ANSWER-B. Farm land.
All of the following would be considered insured's under a Homeowner's policy
expect?
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 household.
, D. A non-relative resident over age 21. -ANSWER-D. A non-relative resident over
age 21.
All of the following homeowners policies provide dwelling coverage except?
A. HO-2
B. HO-3
C. HO-4
D. HO-1 -ANSWER-C. HO-4
Dwelling coverage A includes all of the following except? 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. -ANSWER-C. A Gazebo.
Under Homeowners policies, the base deductible applicable to property losses,
Section I, is?
A. $100
B. $250
C. $500
D. $1000 -ANSWER-B. $250
The National Flood Insurance Program (NFIP) is a ________ program? A.
State.
B. Municipal.
C. Federal.
D. Worldwide. -ANSWER-C. Federal.
All of the following are optional coverage's under Homeowners policies except?
A. Personal Property Replacement Cost coverage.
2024/ 2025, ACTUAL EXAM QUESTIONS AND WELL
VERIFIED ANSWERS REAL EXAM !!!
The Mobile Home Endorsement of a Homeowners policy affords coverage to
mobile homes under the? A. HO-1 (Basic Form)
B. HO-2 (Broad Form)
C. HO-3 (Special Form)
D. HO-2 or HO-3 (Broad and Special) ...........D. HO-2 or HO-3 (Broad and Special)
All of the following are eligible for coverage under Homeowners policy except?
A. A condominium unit owner.
B. A farm owner.
C. A mobile home owner.
D. A tenant in an apartment building. -ANSWER-B. A farm owner.
The term Insured Location under Section II of Homeowners policies refers to all
of the following except?
A. The insured premises.
B. Farm land.
C. A non-owned premises where an insured temporarily resides.
D. A newly-acquired premises. -ANSWER-B. Farm land.
All of the following would be considered insured's under a Homeowner's policy
expect?
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 household.
, D. A non-relative resident over age 21. -ANSWER-D. A non-relative resident over
age 21.
All of the following homeowners policies provide dwelling coverage except?
A. HO-2
B. HO-3
C. HO-4
D. HO-1 -ANSWER-C. HO-4
Dwelling coverage A includes all of the following except? 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. -ANSWER-C. A Gazebo.
Under Homeowners policies, the base deductible applicable to property losses,
Section I, is?
A. $100
B. $250
C. $500
D. $1000 -ANSWER-B. $250
The National Flood Insurance Program (NFIP) is a ________ program? A.
State.
B. Municipal.
C. Federal.
D. Worldwide. -ANSWER-C. Federal.
All of the following are optional coverage's under Homeowners policies except?
A. Personal Property Replacement Cost coverage.
