Florida Personal Lines Exam {LATEST 2026
-2027} QUESTIONS AND ANSWERS 100%
CORRECT
Which of the following is true regarding the Fine Arts Floater?
A.) Coverage is limited to the United States, Canada, and Mexico
B.) Coverage is primarily for stamps and coins
C.) It provides automatic coverage on newly acquired items for 90 days
D.) It settles losses on an ACV basis - correct answer C.) It provides automatic
coverage on newly acquired items for 90 days
All of the following statements are correct about a Homeowners Policy, except:
A.) Home schooling is covered under a Homeowners Policy
B.) Coverage D of a Homeowners Policy includes loss of income from an incidental
business
C.) A Homeowners Policy will not cover theft of a boat away from premises
D.) Coverage D of a Homeowners Policy covers additional living expenses - correct
answer B.) Coverage D of a Homeowners Policy includes loss of income from an
incidental business
,Under disability income insurance, a monthly benefit will be ________ of the insured's
monthly income.
A.) 80 1/2%
B.) 66 2/3%
C.) 70 2/3%
D.) 50 3/4% - correct answer B.) 66 2/3%
All of the following items of property are considered property not covered under
Coverage C of a Homeowners policy, except:
A.) Credit cards
B.) Personal property of a guest
C.) Pets
D.) Personal property of a tenant - correct answer B.) Personal property of a guest
Which of the following is NOT a purpose of licensing?
A.) For the applicant to be familiar with the Florida insurance laws
B.) To authorize and enable the licensee to actively and in good faith engage in the
insurance business as an agent
,C.) To facilitate the public supervision of such activities in the public interest
D.) To authorize the agent to insure risks - correct answer D.) To authorize the agent to
insure risks
As used in casualty insurance, bodily injury is best described as:
A.) Any injury causing hospitalization, disability, or loss of income
B.) Physical injury, sickness, or death arising from the negligent acts of an insured
C.) All financially measurable injuries directly sustained, including libel and false
arrest
D.) Any injury resulting in bleeding, bruising, bone fractures, or disfigurement - correct
answer B.) Physical injury, sickness, or death arising from the negligent acts of an
insured
Which part of a property insurance policy describes the perils?
A.) Declarations
B.) Insuring Agreement
C.) Definitions
D.) Additional Coverages - correct answer B.) Insuring Agreement
, Liability coverage provided by a Personal Auto policy would cover which of the
following damages?
A.) Damage to property being transported by the insured in a covered auto
B.) Damage to a private garage rented to the insured, caused by the insured's child
driving a covered auto
C.) Damage to a neighbor's riding lawn mower that is in the care of the insured
D.) Damage to a storefront caused by a valet driver operating a covered auto - correct
answer B.) Damage to a private garage rented to the insured, caused by the insured's
child driving a covered auto
Policyholder J hit a deer with their Honda. J has collision coverage with a $250
deductible and other than collision coverage with a $50 deductible. The damage to J's
car was $450. How much will the policy pay?
A.) $200
B.) Nothing
C.) $400
D.) $150 - correct answer C.) $400
-2027} QUESTIONS AND ANSWERS 100%
CORRECT
Which of the following is true regarding the Fine Arts Floater?
A.) Coverage is limited to the United States, Canada, and Mexico
B.) Coverage is primarily for stamps and coins
C.) It provides automatic coverage on newly acquired items for 90 days
D.) It settles losses on an ACV basis - correct answer C.) It provides automatic
coverage on newly acquired items for 90 days
All of the following statements are correct about a Homeowners Policy, except:
A.) Home schooling is covered under a Homeowners Policy
B.) Coverage D of a Homeowners Policy includes loss of income from an incidental
business
C.) A Homeowners Policy will not cover theft of a boat away from premises
D.) Coverage D of a Homeowners Policy covers additional living expenses - correct
answer B.) Coverage D of a Homeowners Policy includes loss of income from an
incidental business
,Under disability income insurance, a monthly benefit will be ________ of the insured's
monthly income.
A.) 80 1/2%
B.) 66 2/3%
C.) 70 2/3%
D.) 50 3/4% - correct answer B.) 66 2/3%
All of the following items of property are considered property not covered under
Coverage C of a Homeowners policy, except:
A.) Credit cards
B.) Personal property of a guest
C.) Pets
D.) Personal property of a tenant - correct answer B.) Personal property of a guest
Which of the following is NOT a purpose of licensing?
A.) For the applicant to be familiar with the Florida insurance laws
B.) To authorize and enable the licensee to actively and in good faith engage in the
insurance business as an agent
,C.) To facilitate the public supervision of such activities in the public interest
D.) To authorize the agent to insure risks - correct answer D.) To authorize the agent to
insure risks
As used in casualty insurance, bodily injury is best described as:
A.) Any injury causing hospitalization, disability, or loss of income
B.) Physical injury, sickness, or death arising from the negligent acts of an insured
C.) All financially measurable injuries directly sustained, including libel and false
arrest
D.) Any injury resulting in bleeding, bruising, bone fractures, or disfigurement - correct
answer B.) Physical injury, sickness, or death arising from the negligent acts of an
insured
Which part of a property insurance policy describes the perils?
A.) Declarations
B.) Insuring Agreement
C.) Definitions
D.) Additional Coverages - correct answer B.) Insuring Agreement
, Liability coverage provided by a Personal Auto policy would cover which of the
following damages?
A.) Damage to property being transported by the insured in a covered auto
B.) Damage to a private garage rented to the insured, caused by the insured's child
driving a covered auto
C.) Damage to a neighbor's riding lawn mower that is in the care of the insured
D.) Damage to a storefront caused by a valet driver operating a covered auto - correct
answer B.) Damage to a private garage rented to the insured, caused by the insured's
child driving a covered auto
Policyholder J hit a deer with their Honda. J has collision coverage with a $250
deductible and other than collision coverage with a $50 deductible. The damage to J's
car was $450. How much will the policy pay?
A.) $200
B.) Nothing
C.) $400
D.) $150 - correct answer C.) $400
