STATE FARM HOMEOWNER POLICY FP 7955
DEDUCTIBLE EXAMINATION TEST 2025
COMPLETE QUESTIONS AND ELABORATED
CORRECT ANSWERS
◉ The following coverages are all found under Section I of a
Homeowners policy, except:
A
Personal Injury Liability
B
Other Structures
C
Personal Property
D
Dwelling. Answer: A. Personal Injury Liability
◉ Which of the following statements about Coverage C under the
Homeowners policy is incorrect?
A
Coverage C provides coverage for the property of roomers and boarders
at the insured's request
B
, Coverage C provides property coverage for machinery used to service
the premises
C
Limited coverage is provided for personal property located in a student's
insured dorm
D
Coverage for business personal property on the premises is provided, up
to a special limit. Answer: A. Coverage C provides coverage for the
property of roomers and boarders at the insured's request
◉ Which of the following would not be eligible to purchase a
Homeowners policy?
A
A person who provides daycare services in their home
B
A person who owns and occupies a two-family dwelling
C
A person who owns and lives on a farm
D
A person whose dwelling contains an accounting office. Answer: C. A
person who owns and lives on a farm
◉ Which form is designed for the unit-owner of a condominium?
A
DEDUCTIBLE EXAMINATION TEST 2025
COMPLETE QUESTIONS AND ELABORATED
CORRECT ANSWERS
◉ The following coverages are all found under Section I of a
Homeowners policy, except:
A
Personal Injury Liability
B
Other Structures
C
Personal Property
D
Dwelling. Answer: A. Personal Injury Liability
◉ Which of the following statements about Coverage C under the
Homeowners policy is incorrect?
A
Coverage C provides coverage for the property of roomers and boarders
at the insured's request
B
, Coverage C provides property coverage for machinery used to service
the premises
C
Limited coverage is provided for personal property located in a student's
insured dorm
D
Coverage for business personal property on the premises is provided, up
to a special limit. Answer: A. Coverage C provides coverage for the
property of roomers and boarders at the insured's request
◉ Which of the following would not be eligible to purchase a
Homeowners policy?
A
A person who provides daycare services in their home
B
A person who owns and occupies a two-family dwelling
C
A person who owns and lives on a farm
D
A person whose dwelling contains an accounting office. Answer: C. A
person who owns and lives on a farm
◉ Which form is designed for the unit-owner of a condominium?
A
