SOUTH CAROLINA PROPERTY AND CASUALTY
LATEST ACTUAL UPDATED QUESTIONS AND
ANSWERS SURE A+
✔✔Which of the following statements is INCORRECT with regard to surplus lines
insurance? - ✔✔Policies written by a surplus lines insurer typically contain standard
coverages and forms
✔✔The risk management technique that is used to prevent a specific loss by not
exposing oneself to that activity is called? - ✔✔Avoidance
✔✔In dwelling policies, automatic increase in insurance is ___________. -
✔✔Coverage by endorsement
✔✔The insured with a homeowners policy has had damage to his property caused by a
volcano. Which of the following is true? - ✔✔All volcanic eruptions within a 72 hour
period will be considered one occurrence
✔✔Dwelling coverage includes all of the following EXCEPT: - ✔✔Land on which the
dwelling is located
, ✔✔Which of the following is a formal program developed by an employer to fund its
losses as an alternative to the purchase of insurance? - ✔✔Self Insurance
✔✔In comparison to consumer reports, which of the following describes a unique
characteristic of investigative consumer reports? - ✔✔The customer's associates,
friends, and neighbors provide the reports data
✔✔Which of the following losses would most likely NOT be covered under coverage A
in the dwelling policy? - ✔✔Theft of a renter's lawn mower used to service the premises
✔✔An insurer CANNOT non renew a homeowners policy because of a _________. -
✔✔A loss caused by an Act of God
✔✔Which of the following endorsement is used by individual business owners who use
company vehicles for personal use rather than purchasing a personal vehicle? -
✔✔Individual Named Insured
✔✔Which of the following protects consumers against the circulation of inaccurate or
obsolete personal or financial information? - ✔✔The Fair Credit Reporting Act
✔✔An applicant is denied insurance because of information found on a consumer
report. Which of the following requires that the insurance company supply the applicant
with the name and address of the consumer reporting company? - ✔✔The Fair Credit
Reporting Act
✔✔The personal injury liability endorsement to an HO policy applies to all the following
EXCEPT _______. - ✔✔A third party breaks a leg when the insured knocks him down
✔✔An insured condominium unit owner wants to purchase fire and extended coverage
for personal property and liability coverage for himself and his family members. He
should purchase __________. - ✔✔HO-6
✔✔HMS Toys carries more inventory from October 1st to December 31st. Which of
these would provide higher coverage limits during those months and lower limits the
rest of the year? - ✔✔Peak Season
✔✔Uninsured motorist bodily injury coverage pays for all of the following EXCEPT: -
✔✔Down payment on a new vehicle
✔✔Which of the following would NOT be considered part of the insured location under
the liability section of a homeowners policy? - ✔✔Vacant farmland owned by the
insured
LATEST ACTUAL UPDATED QUESTIONS AND
ANSWERS SURE A+
✔✔Which of the following statements is INCORRECT with regard to surplus lines
insurance? - ✔✔Policies written by a surplus lines insurer typically contain standard
coverages and forms
✔✔The risk management technique that is used to prevent a specific loss by not
exposing oneself to that activity is called? - ✔✔Avoidance
✔✔In dwelling policies, automatic increase in insurance is ___________. -
✔✔Coverage by endorsement
✔✔The insured with a homeowners policy has had damage to his property caused by a
volcano. Which of the following is true? - ✔✔All volcanic eruptions within a 72 hour
period will be considered one occurrence
✔✔Dwelling coverage includes all of the following EXCEPT: - ✔✔Land on which the
dwelling is located
, ✔✔Which of the following is a formal program developed by an employer to fund its
losses as an alternative to the purchase of insurance? - ✔✔Self Insurance
✔✔In comparison to consumer reports, which of the following describes a unique
characteristic of investigative consumer reports? - ✔✔The customer's associates,
friends, and neighbors provide the reports data
✔✔Which of the following losses would most likely NOT be covered under coverage A
in the dwelling policy? - ✔✔Theft of a renter's lawn mower used to service the premises
✔✔An insurer CANNOT non renew a homeowners policy because of a _________. -
✔✔A loss caused by an Act of God
✔✔Which of the following endorsement is used by individual business owners who use
company vehicles for personal use rather than purchasing a personal vehicle? -
✔✔Individual Named Insured
✔✔Which of the following protects consumers against the circulation of inaccurate or
obsolete personal or financial information? - ✔✔The Fair Credit Reporting Act
✔✔An applicant is denied insurance because of information found on a consumer
report. Which of the following requires that the insurance company supply the applicant
with the name and address of the consumer reporting company? - ✔✔The Fair Credit
Reporting Act
✔✔The personal injury liability endorsement to an HO policy applies to all the following
EXCEPT _______. - ✔✔A third party breaks a leg when the insured knocks him down
✔✔An insured condominium unit owner wants to purchase fire and extended coverage
for personal property and liability coverage for himself and his family members. He
should purchase __________. - ✔✔HO-6
✔✔HMS Toys carries more inventory from October 1st to December 31st. Which of
these would provide higher coverage limits during those months and lower limits the
rest of the year? - ✔✔Peak Season
✔✔Uninsured motorist bodily injury coverage pays for all of the following EXCEPT: -
✔✔Down payment on a new vehicle
✔✔Which of the following would NOT be considered part of the insured location under
the liability section of a homeowners policy? - ✔✔Vacant farmland owned by the
insured
