PROPERTY AND CASUALTY INSURANCE
EXAMINATION TEST 2026 COMPLETE
QUESTIONS AND ANSWERS
◉ The broadest coverage available extends from the uninsured's policy .
Answer: If the insured has a loss with a private passenger nonowned
temporary substitute vehicle how will the loss be treated by the insureds
own policy for physical damage?
◉ Company has the option to repair to pre-loss condition . Answer:
Which of the following situations under dwelling policy conditions
describe how the insurance company will settle a loss?
◉ per occurrence . Answer: For the CGL coverages of bodily injury,
property damage, and medical payments, which of the following limits
of insurance apply if the aggregate limit is NOT met?
◉ 72 hrs . Answer: A single earthquake constitutes all shocks that occur
within which time period?
◉ Transfer . Answer: Purchasing boat owners insurance is an example
of what?
, ◉ the disappearance of property without any explanation of what
happened . Answer: Mysterious disappearance in insurance refers to
which occurrence?
◉ Coverage C . Answer: What represents the primary amount of
insurance for the HO-4?
◉ indemnity . Answer: When an individual with a pre-existing
condition is in an automobile accident and the insurance covers
rehabilitation only to the level of the condition prior to the accident, this
is because of which principle?
◉ Vehicle upset . Answer: Which of the following causes of loss to a
vehicle will trigger collision coverage on the personal auto policy Part D
coverage for damage to your auto?
◉ Arbitration . Answer: Which policy condition is invoked when parties
to an insured loss cannot agree?
◉ Merchandise while it is being manufactured . Answer: As a general
rule, inland marine insurance covers all of the following EXCEPT...?
◉ Employer while insured is driving a company car . Answer: All of the
following are considered an insured under Part A liability coverage, of
the personal auto policy EXCEPT...?
EXAMINATION TEST 2026 COMPLETE
QUESTIONS AND ANSWERS
◉ The broadest coverage available extends from the uninsured's policy .
Answer: If the insured has a loss with a private passenger nonowned
temporary substitute vehicle how will the loss be treated by the insureds
own policy for physical damage?
◉ Company has the option to repair to pre-loss condition . Answer:
Which of the following situations under dwelling policy conditions
describe how the insurance company will settle a loss?
◉ per occurrence . Answer: For the CGL coverages of bodily injury,
property damage, and medical payments, which of the following limits
of insurance apply if the aggregate limit is NOT met?
◉ 72 hrs . Answer: A single earthquake constitutes all shocks that occur
within which time period?
◉ Transfer . Answer: Purchasing boat owners insurance is an example
of what?
, ◉ the disappearance of property without any explanation of what
happened . Answer: Mysterious disappearance in insurance refers to
which occurrence?
◉ Coverage C . Answer: What represents the primary amount of
insurance for the HO-4?
◉ indemnity . Answer: When an individual with a pre-existing
condition is in an automobile accident and the insurance covers
rehabilitation only to the level of the condition prior to the accident, this
is because of which principle?
◉ Vehicle upset . Answer: Which of the following causes of loss to a
vehicle will trigger collision coverage on the personal auto policy Part D
coverage for damage to your auto?
◉ Arbitration . Answer: Which policy condition is invoked when parties
to an insured loss cannot agree?
◉ Merchandise while it is being manufactured . Answer: As a general
rule, inland marine insurance covers all of the following EXCEPT...?
◉ Employer while insured is driving a company car . Answer: All of the
following are considered an insured under Part A liability coverage, of
the personal auto policy EXCEPT...?
