1
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NJ PSI Property and Casualty Exam
Questions and Answers (100% Correct
Answers) Already Graded A+
The Mobile Home Endorsement of a Homeowners policy affords
coverage to mobile homes under the?
A. HO-1 (Basic Form)
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B. HO-2 (Broad Form)
C. HO-3 (Special Form)
D. HO-2 or HO-3 (Broad and Special) —ANS: D. HO-2 or HO-3
(Broad and Special)
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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. —ANS: 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. —ANS: 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.
, 2
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C. The insured's spouse if the spouse lives in the household.
D. A non-relative resident over age 21. —ANS: 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 —ANS: C. HO-4
Dwelling coverage A includes all of the following except?
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A. The dwelling.
B. The deck on the back of the dwelling.
C. A Gazebo.
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D. Construction materials on the residence premises for use in the
repair of the dwelling. —ANS: C. A Gazebo.
Under Homeowners policies, the base deductible applicable to
property losses, Section I, is?
A. $100
B. $250
C. $500
D. $1000 —ANS: B. $250
The National Flood Insurance Program (NFIP) is a ________
program?
A. State.
B. Municipal.
C. Federal.
D. Worldwide. —ANS: C. Federal.
All of the following are optional coverage's under Homeowners
policies except?
For Expert help and assignment solutions, +254707240657
NJ PSI Property and Casualty Exam
Questions and Answers (100% Correct
Answers) Already Graded A+
The Mobile Home Endorsement of a Homeowners policy affords
coverage to mobile homes under the?
A. HO-1 (Basic Form)
© 2025 Assignment Expert
B. HO-2 (Broad Form)
C. HO-3 (Special Form)
D. HO-2 or HO-3 (Broad and Special) —ANS: D. HO-2 or HO-3
(Broad and Special)
Guru01 - Stuvia
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. —ANS: 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. —ANS: 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.
, 2
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C. The insured's spouse if the spouse lives in the household.
D. A non-relative resident over age 21. —ANS: 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 —ANS: C. HO-4
Dwelling coverage A includes all of the following except?
© 2025 Assignment Expert
A. The dwelling.
B. The deck on the back of the dwelling.
C. A Gazebo.
Guru01 - Stuvia
D. Construction materials on the residence premises for use in the
repair of the dwelling. —ANS: C. A Gazebo.
Under Homeowners policies, the base deductible applicable to
property losses, Section I, is?
A. $100
B. $250
C. $500
D. $1000 —ANS: B. $250
The National Flood Insurance Program (NFIP) is a ________
program?
A. State.
B. Municipal.
C. Federal.
D. Worldwide. —ANS: C. Federal.
All of the following are optional coverage's under Homeowners
policies except?
