8/19/25, 8:42 AM Pearson VUE: Property Insurance Practice EXAM, QUESTIONS WITH ACCURATE ANSWERS | MULTIPLE CHOICES |2025!! Flas…
Pearson VUE: Property Insurance Practice EXAM,
QUESTIONS WITH ACCURATE ANSWERS |
MULTIPLE CHOICES |2025!!
Save
Terms in this set (50)
S is purchasing a C
Commercial Property
policy to cover a
commercial building with
a replacement cost of
$100,000. The policy
includes an 80 percent
Coinsurance clause. To
avoid a coinsurance
penalty in the event of a
partial loss, S should
purchase a policy with
minimum limits of AT
LEAST which of the
following amounts?
A. $100,000
B. $90,000
C. $80,000
D. $20,000
https://quizlet.com/1066651019/pearson-vue-property-insurance-practice-exam-questions-with-accurate-answers-multiple-choices-2025-flash-cards/?… 1/31
,8/19/25, 8:42 AM Pearson VUE: Property Insurance Practice EXAM, QUESTIONS WITH ACCURATE ANSWERS | MULTIPLE CHOICES |2025!! Flas…
The MAXIMUM amount a C
policy will pay in the event
of a loss is called the:
A. coinsurance amount
B. deductible
C. limit of liability
D. pro rata return
The National Flood D
Insurance Program
provides coverage for
losses caused by all of the
following occurrences
EXCEPT:
A. mudslides
B. runoff from heavy rain
C. overflow of tidal waters
D. water-main breakage
https://quizlet.com/1066651019/pearson-vue-property-insurance-practice-exam-questions-with-accurate-answers-multiple-choices-2025-flash-cards/?… 2/31
,8/19/25, 8:42 AM Pearson VUE: Property Insurance Practice EXAM, QUESTIONS WITH ACCURATE ANSWERS | MULTIPLE CHOICES |2025!! Flas…
Special Form or Open C
Perils coverage:
A. Provides coverage
against the named perils
B. Provides coverage
against scheduled risks
C. Is limited by the named
exclusions
D. Includes no exclusions
Which of the following D
businesses would be
eligible for a
Businessowners policy?
A. Auto body shop
B. Theater
C. Branch bank
D. Barber shop
https://quizlet.com/1066651019/pearson-vue-property-insurance-practice-exam-questions-with-accurate-answers-multiple-choices-2025-flash-cards/?… 3/31
, 8/19/25, 8:42 AM Pearson VUE: Property Insurance Practice EXAM, QUESTIONS WITH ACCURATE ANSWERS | MULTIPLE CHOICES |2025!! Flas…
During a tornado, a barn is C
destroyed when a section
of its wall is blown down,
knocking over a lantern,
which sets the barn on
fire. The proximate cause
of loss is the:
A. fire
B. collapse of the wall
C. tornado
D. smoke
A fire in an insured's C
restaurant burns the
kitchen walls and causes
smoke damage to the
entire interior. Water used
to extinguish the fire
causes extensive damage
to floors and furnishings.
The water damage is best
described as:
A. a time element loss
B. a consequential loss
C. a direct loss
D. an indirect loss
https://quizlet.com/1066651019/pearson-vue-property-insurance-practice-exam-questions-with-accurate-answers-multiple-choices-2025-flash-cards/?… 4/31
Pearson VUE: Property Insurance Practice EXAM,
QUESTIONS WITH ACCURATE ANSWERS |
MULTIPLE CHOICES |2025!!
Save
Terms in this set (50)
S is purchasing a C
Commercial Property
policy to cover a
commercial building with
a replacement cost of
$100,000. The policy
includes an 80 percent
Coinsurance clause. To
avoid a coinsurance
penalty in the event of a
partial loss, S should
purchase a policy with
minimum limits of AT
LEAST which of the
following amounts?
A. $100,000
B. $90,000
C. $80,000
D. $20,000
https://quizlet.com/1066651019/pearson-vue-property-insurance-practice-exam-questions-with-accurate-answers-multiple-choices-2025-flash-cards/?… 1/31
,8/19/25, 8:42 AM Pearson VUE: Property Insurance Practice EXAM, QUESTIONS WITH ACCURATE ANSWERS | MULTIPLE CHOICES |2025!! Flas…
The MAXIMUM amount a C
policy will pay in the event
of a loss is called the:
A. coinsurance amount
B. deductible
C. limit of liability
D. pro rata return
The National Flood D
Insurance Program
provides coverage for
losses caused by all of the
following occurrences
EXCEPT:
A. mudslides
B. runoff from heavy rain
C. overflow of tidal waters
D. water-main breakage
https://quizlet.com/1066651019/pearson-vue-property-insurance-practice-exam-questions-with-accurate-answers-multiple-choices-2025-flash-cards/?… 2/31
,8/19/25, 8:42 AM Pearson VUE: Property Insurance Practice EXAM, QUESTIONS WITH ACCURATE ANSWERS | MULTIPLE CHOICES |2025!! Flas…
Special Form or Open C
Perils coverage:
A. Provides coverage
against the named perils
B. Provides coverage
against scheduled risks
C. Is limited by the named
exclusions
D. Includes no exclusions
Which of the following D
businesses would be
eligible for a
Businessowners policy?
A. Auto body shop
B. Theater
C. Branch bank
D. Barber shop
https://quizlet.com/1066651019/pearson-vue-property-insurance-practice-exam-questions-with-accurate-answers-multiple-choices-2025-flash-cards/?… 3/31
, 8/19/25, 8:42 AM Pearson VUE: Property Insurance Practice EXAM, QUESTIONS WITH ACCURATE ANSWERS | MULTIPLE CHOICES |2025!! Flas…
During a tornado, a barn is C
destroyed when a section
of its wall is blown down,
knocking over a lantern,
which sets the barn on
fire. The proximate cause
of loss is the:
A. fire
B. collapse of the wall
C. tornado
D. smoke
A fire in an insured's C
restaurant burns the
kitchen walls and causes
smoke damage to the
entire interior. Water used
to extinguish the fire
causes extensive damage
to floors and furnishings.
The water damage is best
described as:
A. a time element loss
B. a consequential loss
C. a direct loss
D. an indirect loss
https://quizlet.com/1066651019/pearson-vue-property-insurance-practice-exam-questions-with-accurate-answers-multiple-choices-2025-flash-cards/?… 4/31
