IDAHO PROPERTY & CASUALTY EXAM PREP/ACTUAL
COMPLETE 150 REAL EXAM QUESTIONS AND WELL
ELABORATED ANSWERS TOP RATED VERSION FOR
ALREADY A+ GRADED| 2025/2026 NEW!!{REVISED} .
When coverage applies to a property loss by all perils except
those specifically excluded, the policy is written on which basis?
A
Valued Policy
B
Named Perils
C
Open Perils
D
Agreed Value - ANSWER-C
The Commercial Property policy applies a limit of what dollar
amount for business personal property temporarily away from the
premises?
A
$10,000
B
$2,500
,C
$15,000
D
$5,000 - ANSWER-A
All of the following are types of Professional Liability Insurance,
except:
A
Errors and omissions insurance
B
Commercial umbrella insurance
C
Fiduciary liability insurance
D
Physicians, surgeons and dentists liability insurance - ANSWER-
B
Which of the following is not a Supplementary Payment under
Part A of the Personal Auto Policy?
A
Reasonable expenses incurred at the
insurer's request B
Medical payments for an occupant of an insured vehicle
C
,Up to $250 for the cost of bail bonds
D
Payment for lost earnings up to $200/day - ANSWER-B
Which of the following losses would be covered by a commercial
crime policy?
A
The mysterious disappearance of important papers previously
stored in a safe
B
Damage to company computers due to an act of vandalism
C
Vandalism occurring in the course of a burglary
D
A fire resulting from the aftermath of a robbery - ANSWER-C
Section II of the Garage Coverage Form does not cover:
A
Products liability
B
Completed operations liability
C
Damage to the customer's car in the insured's care
D
, Premise and operations liability - ANSWER-C
Policyholder G wants her PAP to insure her sedan, primarily used
for sales calls, her husband's SUV for car-pooling, the station
wagon that their daughter uses to drive to school, and the van
their son uses part-time to deliver dry-cleaning. Which of the
following cars will G's agent tell her is not eligible?
A
The sedan
B
The station wagon
C
The van
D
The SUV - ANSWER-C
The formal statement that verifies details so the insurer can
determine liability is called:
A
A Binder
B
A Certificate of Authority
C
A Proof of Loss
D
COMPLETE 150 REAL EXAM QUESTIONS AND WELL
ELABORATED ANSWERS TOP RATED VERSION FOR
ALREADY A+ GRADED| 2025/2026 NEW!!{REVISED} .
When coverage applies to a property loss by all perils except
those specifically excluded, the policy is written on which basis?
A
Valued Policy
B
Named Perils
C
Open Perils
D
Agreed Value - ANSWER-C
The Commercial Property policy applies a limit of what dollar
amount for business personal property temporarily away from the
premises?
A
$10,000
B
$2,500
,C
$15,000
D
$5,000 - ANSWER-A
All of the following are types of Professional Liability Insurance,
except:
A
Errors and omissions insurance
B
Commercial umbrella insurance
C
Fiduciary liability insurance
D
Physicians, surgeons and dentists liability insurance - ANSWER-
B
Which of the following is not a Supplementary Payment under
Part A of the Personal Auto Policy?
A
Reasonable expenses incurred at the
insurer's request B
Medical payments for an occupant of an insured vehicle
C
,Up to $250 for the cost of bail bonds
D
Payment for lost earnings up to $200/day - ANSWER-B
Which of the following losses would be covered by a commercial
crime policy?
A
The mysterious disappearance of important papers previously
stored in a safe
B
Damage to company computers due to an act of vandalism
C
Vandalism occurring in the course of a burglary
D
A fire resulting from the aftermath of a robbery - ANSWER-C
Section II of the Garage Coverage Form does not cover:
A
Products liability
B
Completed operations liability
C
Damage to the customer's car in the insured's care
D
, Premise and operations liability - ANSWER-C
Policyholder G wants her PAP to insure her sedan, primarily used
for sales calls, her husband's SUV for car-pooling, the station
wagon that their daughter uses to drive to school, and the van
their son uses part-time to deliver dry-cleaning. Which of the
following cars will G's agent tell her is not eligible?
A
The sedan
B
The station wagon
C
The van
D
The SUV - ANSWER-C
The formal statement that verifies details so the insurer can
determine liability is called:
A
A Binder
B
A Certificate of Authority
C
A Proof of Loss
D
