FLORIDA GENERAL LINES FINAL PAPER 2025/2026
QUESTIONS AND SOLUTIONS GRADED A+
✔✔The following would be legal grounds for an insurer avoidance of performance
(prevent recovery) under an insurance contract except?
a.All would apply
b.Intentional and fraudulent acts by an insured
c.Misrepresentations that are material to the risk being insured
d.Breach of a warranty under transportation insurance that would result in a hazardous
condition and the means of the breach is within the control of the insured - ✔✔a
✔✔The following are related to the Federal Fair Credit Reporting Act (FCRA) except?
a.The consumer is required to be provided with information related to the consumer
reporting agency when there is an adverse decision
b.All are related to the FCRA
c.The act requires consumers to be aware of the purpose for a consumer report by
providing written consent to securing a credit report
d.The primary purpose of the act is to set guidelines for consumer reporting agencies
regarding sharing of consumers non-public information - ✔✔b
✔✔The following are information required to be excluded from consumer reports
provided by consumer reporting agencies under the Fair Credit Reporting Act except?
a.Arrest records over 7 years or expiration of statutes of limitations
b.Report on bankruptcy adjudicated over 10 years and civil judgements over 7 years
c.Paid tax liens or other adverse information antedating the report more than 7 years
d.Information regarding Title Eleven of the US code - ✔✔
✔✔The following are related to the Gramm-Leach-Bliley Act (GLBA) also known as the
Financial Services Modernization Act (FSMA) except?
a.It prohibits Banks and other financial institutions from cross marketing or involvement
in financial products not related to the particular financial institution
b.The act specifies that the privacy notice must contain a customer right of refusal to
share their financial information with non-affiliates and contain the information collected,
the use of the information and where and how the information is shared
c.The act mandated financial institutions to implement policies and procedures to
protect the integrity, confidentiality and privacy regarding the sharing of consumers non-
public personal information
d.The act requires that each consumer be provided with a written privacy notice at the
time the of the relationship and thereafter on an annual basis - ✔✔a
,✔✔The following are related to the Terrorism Risk Insurance Act (TRIA) enacted in
2002 after the terrorist attack on the World Trade Center on 09/11/2001 except?
a.Under the act the Federal government would provide assistance to insurers which
would share in losses due to acts of terrorism and provide that insurers should omit any
exclusions applicable to commercial property policies
b.The act requires property and casualty insurers to offer applicants terrorism coverage
for a period of 2 years and the definition of terrorism must be certified by the Secretary
of State and the Attorney General
c.All are related to the TRIA
d.The purpose of the act was to allow commercial property insurers to provide terrorism
coverage for insureds whom may be subject to acts of terrorism - ✔✔c
✔✔The following events (triggers) would require a person to comply with Florida
financial responsibility law after an auto accident except?
a.An accident that result in damage to the auto that render it inoperable
b.All would apply
c.After conviction of a serious traffic violation such as driving under the influence
d.An accident that result in bodily injury - ✔✔b
✔✔What is the minimum liability limits under Florida financial responsibility law? -
✔✔10/20/10 split limits or $30,000 single limit of liability
✔✔What is the required liability limit under Florida financial responsibility law for a
person being found guilty of driving under the influence for a period of 3 years? -
✔✔100/300/50 or $350,000 single limit
✔✔A Florida resident with 10/20/10 liability limits got in an accident in a state that
requires 25/50/10 liability limits under that state financial responsibility law. What limit
would apply to the accident in the other state? - ✔✔25/50/10, the other state required
limit would apply
✔✔The following are penalties for non-compliance under Florida financial responsibility
law except?
a.There would be no penalty
b.The registration of all vehicles would be suspended
c.Conviction of a 2nd degree misdemeanor for committing forgery or filing a false
affidavits with the motor vehicle department
d.The vehicle operator driver's license would be suspended - ✔✔a
, ✔✔A person who does not own an auto, but is required to comply (file SR-22) with
Florida financial responsibility law for use of non-own vehicles, can purchase? - ✔✔The
named non-owner policy
✔✔The following are primary elements of Florida no-fault law except?
a.Persons who comply with the law have limited immunity for injuries and coverage
under no-fault only provides for bodily injury coverage and not property damage
b.Florida is not a no-fault state
c.Coverage is provided by the person's own insurer regardless of fault for an accident
and benefits are provided under the state personal injury protection (PIP) coverage
d.No-fault provides first party benefits for economic loss over other medical expense
and disability policies except in excess for benefits payable under workers
compensation - ✔✔b
✔✔The following vehicles are exempt from carrying no-fault coverage except?
a.Government vehicles used in transit to transport more than 5 passengers
b.Mobile homes and public school buses
c.Taxicabs, limousines and vehicles with 2 wheels
d.Vehicles with 4 or more wheels required to be registered for use on Florida public
highways - ✔✔d
✔✔What is the minimum required coverage limit under the state no-fault PIP coverage?
- ✔✔$10,000 per person each occurrence (per accident),
✔✔Which of the following is not a benefit under the state personal injury protection
(PIP) coverage?
a.60% of loss of gross income (work loss)
b.80% of medical expenses
c.100% for replacement of household services and $5,000 death benefit
d.Survivors benefit - ✔✔d
✔✔The following are other requirements under the PIP coverage except?
a.Coverage may be provided subject to deductibles of $250, $500 and $1,000
b.Deductibles are subtracted from the medical expenses before applying to benefit
c.Work loss benefits may be excluded for persons without earned income such as a
retiree
d.The insurer of the negligent party for an accident must provide PIP coverage to any
person who is not at fault for the accident - ✔✔d
QUESTIONS AND SOLUTIONS GRADED A+
✔✔The following would be legal grounds for an insurer avoidance of performance
(prevent recovery) under an insurance contract except?
a.All would apply
b.Intentional and fraudulent acts by an insured
c.Misrepresentations that are material to the risk being insured
d.Breach of a warranty under transportation insurance that would result in a hazardous
condition and the means of the breach is within the control of the insured - ✔✔a
✔✔The following are related to the Federal Fair Credit Reporting Act (FCRA) except?
a.The consumer is required to be provided with information related to the consumer
reporting agency when there is an adverse decision
b.All are related to the FCRA
c.The act requires consumers to be aware of the purpose for a consumer report by
providing written consent to securing a credit report
d.The primary purpose of the act is to set guidelines for consumer reporting agencies
regarding sharing of consumers non-public information - ✔✔b
✔✔The following are information required to be excluded from consumer reports
provided by consumer reporting agencies under the Fair Credit Reporting Act except?
a.Arrest records over 7 years or expiration of statutes of limitations
b.Report on bankruptcy adjudicated over 10 years and civil judgements over 7 years
c.Paid tax liens or other adverse information antedating the report more than 7 years
d.Information regarding Title Eleven of the US code - ✔✔
✔✔The following are related to the Gramm-Leach-Bliley Act (GLBA) also known as the
Financial Services Modernization Act (FSMA) except?
a.It prohibits Banks and other financial institutions from cross marketing or involvement
in financial products not related to the particular financial institution
b.The act specifies that the privacy notice must contain a customer right of refusal to
share their financial information with non-affiliates and contain the information collected,
the use of the information and where and how the information is shared
c.The act mandated financial institutions to implement policies and procedures to
protect the integrity, confidentiality and privacy regarding the sharing of consumers non-
public personal information
d.The act requires that each consumer be provided with a written privacy notice at the
time the of the relationship and thereafter on an annual basis - ✔✔a
,✔✔The following are related to the Terrorism Risk Insurance Act (TRIA) enacted in
2002 after the terrorist attack on the World Trade Center on 09/11/2001 except?
a.Under the act the Federal government would provide assistance to insurers which
would share in losses due to acts of terrorism and provide that insurers should omit any
exclusions applicable to commercial property policies
b.The act requires property and casualty insurers to offer applicants terrorism coverage
for a period of 2 years and the definition of terrorism must be certified by the Secretary
of State and the Attorney General
c.All are related to the TRIA
d.The purpose of the act was to allow commercial property insurers to provide terrorism
coverage for insureds whom may be subject to acts of terrorism - ✔✔c
✔✔The following events (triggers) would require a person to comply with Florida
financial responsibility law after an auto accident except?
a.An accident that result in damage to the auto that render it inoperable
b.All would apply
c.After conviction of a serious traffic violation such as driving under the influence
d.An accident that result in bodily injury - ✔✔b
✔✔What is the minimum liability limits under Florida financial responsibility law? -
✔✔10/20/10 split limits or $30,000 single limit of liability
✔✔What is the required liability limit under Florida financial responsibility law for a
person being found guilty of driving under the influence for a period of 3 years? -
✔✔100/300/50 or $350,000 single limit
✔✔A Florida resident with 10/20/10 liability limits got in an accident in a state that
requires 25/50/10 liability limits under that state financial responsibility law. What limit
would apply to the accident in the other state? - ✔✔25/50/10, the other state required
limit would apply
✔✔The following are penalties for non-compliance under Florida financial responsibility
law except?
a.There would be no penalty
b.The registration of all vehicles would be suspended
c.Conviction of a 2nd degree misdemeanor for committing forgery or filing a false
affidavits with the motor vehicle department
d.The vehicle operator driver's license would be suspended - ✔✔a
, ✔✔A person who does not own an auto, but is required to comply (file SR-22) with
Florida financial responsibility law for use of non-own vehicles, can purchase? - ✔✔The
named non-owner policy
✔✔The following are primary elements of Florida no-fault law except?
a.Persons who comply with the law have limited immunity for injuries and coverage
under no-fault only provides for bodily injury coverage and not property damage
b.Florida is not a no-fault state
c.Coverage is provided by the person's own insurer regardless of fault for an accident
and benefits are provided under the state personal injury protection (PIP) coverage
d.No-fault provides first party benefits for economic loss over other medical expense
and disability policies except in excess for benefits payable under workers
compensation - ✔✔b
✔✔The following vehicles are exempt from carrying no-fault coverage except?
a.Government vehicles used in transit to transport more than 5 passengers
b.Mobile homes and public school buses
c.Taxicabs, limousines and vehicles with 2 wheels
d.Vehicles with 4 or more wheels required to be registered for use on Florida public
highways - ✔✔d
✔✔What is the minimum required coverage limit under the state no-fault PIP coverage?
- ✔✔$10,000 per person each occurrence (per accident),
✔✔Which of the following is not a benefit under the state personal injury protection
(PIP) coverage?
a.60% of loss of gross income (work loss)
b.80% of medical expenses
c.100% for replacement of household services and $5,000 death benefit
d.Survivors benefit - ✔✔d
✔✔The following are other requirements under the PIP coverage except?
a.Coverage may be provided subject to deductibles of $250, $500 and $1,000
b.Deductibles are subtracted from the medical expenses before applying to benefit
c.Work loss benefits may be excluded for persons without earned income such as a
retiree
d.The insurer of the negligent party for an accident must provide PIP coverage to any
person who is not at fault for the accident - ✔✔d
