Insurance Exam Pt 3 Questions & Answers Latest
Update 2025
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Terms in this set (25)
Which one of the Doctrine of reasonable expectations
following is NOT a
possible defense against
negligence?
Of the four coverages Coverage D-Loss of Use
provided under Section I
of the Homeowners
policy, which one
provides coverage
against an indirect loss?
Which of these losses Will falls asleep at the wheel of his car and strikes
would be covered under and injures a pedestrian.
the Personal Auto
policy's Liability
coverage?
The insurance contract is An insured may collect no more than the amount
considered a contract of required to restore him or her to the same financial
indemnity because... condition that existed prior to the loss.
Which of the following The named insured's son damages the family's
losses would NOT be garage with his car.
recoverable under the
Liability coverage of the
Homeowners policy?
, It will cost Gary $5,000 to $2,000
put a new roof on his
home to replace a roof
destroyed in a
windstorm. Assume that
the original roof, which
Gary paid $3,500 for 10
years ago, depreciated
$300 per year. What was
the actual cash value of
the roof that was
destroyed?
Which of the following Sudden and accidental rupture of a heating system
perils is covered by the
HO-2 and HO-3?
Who of the following The named insured's son, who lives with the insured,
would be considered an while driving a neighbor's car
insured for Liability
coverage under the
Personal Auto policy?
Under a pure no-fault Is reimbursed by his or her own insurance company
plan, each party to an
auto accident...
The insured's property The insured must pay a certain amount for each loss
insurance policy has a incurred under the policy
deductible clause. This
means that...
An additional loss that Indirect/consequential loss
results from a direct loss
to property is called a/an
____
Update 2025
Save
Terms in this set (25)
Which one of the Doctrine of reasonable expectations
following is NOT a
possible defense against
negligence?
Of the four coverages Coverage D-Loss of Use
provided under Section I
of the Homeowners
policy, which one
provides coverage
against an indirect loss?
Which of these losses Will falls asleep at the wheel of his car and strikes
would be covered under and injures a pedestrian.
the Personal Auto
policy's Liability
coverage?
The insurance contract is An insured may collect no more than the amount
considered a contract of required to restore him or her to the same financial
indemnity because... condition that existed prior to the loss.
Which of the following The named insured's son damages the family's
losses would NOT be garage with his car.
recoverable under the
Liability coverage of the
Homeowners policy?
, It will cost Gary $5,000 to $2,000
put a new roof on his
home to replace a roof
destroyed in a
windstorm. Assume that
the original roof, which
Gary paid $3,500 for 10
years ago, depreciated
$300 per year. What was
the actual cash value of
the roof that was
destroyed?
Which of the following Sudden and accidental rupture of a heating system
perils is covered by the
HO-2 and HO-3?
Who of the following The named insured's son, who lives with the insured,
would be considered an while driving a neighbor's car
insured for Liability
coverage under the
Personal Auto policy?
Under a pure no-fault Is reimbursed by his or her own insurance company
plan, each party to an
auto accident...
The insured's property The insured must pay a certain amount for each loss
insurance policy has a incurred under the policy
deductible clause. This
means that...
An additional loss that Indirect/consequential loss
results from a direct loss
to property is called a/an
____
