Florida Agents License Final Exam Questions 2025

B. A general lines agent or a general lines insurance agency - -Who may appoint a Customer Representative? Select one: A. A surplus lines agent holding a general lines license and a surplus lines license B. A general lines agent or a general lines insurance agency C. An adjuster D. An insurance company D. After 90 days in Florida - -Mr. Smith lives in New Jersey but visits Florida each year. When does he come under the Florida No-Fault system, in any 365-day period? Select one: A. After 60 days in Florida B. After 30 days in Florida C. After 14 days in Florida D. After 90 days in Florida A. A flat amount per day for hospital room and board - -A Hospital Indemnity Policy covers which of the following expenses? Select one: A. A flat amount per day for hospital room and board B. Nursing care in the insured's home C. Medical supplies D. Surgical fees incurred in the hospital D. $400 - -Under the Garagekeepers coverage, Section III of the Garage policy, the insured suffers a single vandalism loss to nine (9) vehicles belonging to customers. Damage is $100 per vehicle. How much will the policy pay? Select one: A. $500 B. $900 C. Nothing D. $400 A. No coverage - -Bob, an accountant of XYZ, drives his own car to the bank to make a deposit for XYZ. Bob has an at-fault accident. If XYZ carries $1,000,000 Bodily Injury/Property Damage coverage with a Symbol 2 for covered autos, and Bob carries no insurance, how much coverage is applicable for XYZ? Select one: A. No coverage B. $10,000/$20,000 Bodily Injury and $10,000 Property Damage FLORIDA FLORIDA C. $1,000,000 D. $500,000 A. All of these answers are correct - -Unless properly licensed an general lines agent cannot Select one: A. All of these answers are correct B. Receive any money on account for any insurer or receive money to be transmitted to an insurer for a policy, renewal, endorsement or certificate C. Solicit insurance or procure applications for insurance D. Directly or indirectly represent himself or herself to be an agent or receive, deliver or forward any insurance policy within the state D. Vandalism - -At the time of a loss, it is found that the covered building had been vacant for the period of 75 consecutive days immediately preceding the loss. Which of the following perils would not be covered? Select one: A. All of these answers are correct B. Windstorm C. Fire D. Vandalism A. The property of a guest anywhere in the world - -Homeowner's Coverage C - Personal Property covers each of the following situations except? Select one: A. The property of a guest anywhere in the world B. The insured's personal property while in Mexico at a secondary dwelling C. A resident employee's contents at the insured's dwelling D. The property of others while located at the insured's dwelling at the insured's request D. Property owned by another in the care of the insured was damaged in an accident to an insured object, resulting in a claim by the owner of the property - -Under a basic Boiler and Machinery Form, with no special endorsements, which of the following losses would be covered? Select one: A. The insured suffers loss of income following an accident to a covered object B. During an accident involving a covered object, a visitor on the insured's premises suffers injuries and sued the insured C. During testing, after some repairs, a boiler had a sudden breakdown D. Property owned by another in the care of the insured was damaged in an accident to an insured object, resulting in a claim by the owner of the property C. 90 days - -The Homeowner's, HO3 policy will provide coverage for a student away at college as long as the student's premises was not unoccupied more than how many days prior to the loss? Select one: FLORIDA FLORIDA A. 60 days B. 30 days C. 90 days D. 45 days C. The policy is returnable within one year for full premium refund - -Florida Statutes establish standards, which must be met by Medicare Supplement insurance. Which of the following is not a standard? Select one: A. The policy may not limit coverage for more than 6 months because of a pre-existing health condition B. Policies must be written in understandable language C. The policy is returnable within one year for full premium refund D. The policy must be accompanied by an outline of coverage and a Medicare Supplement Buyer's Guide D. A mother-in-law who gives cash as a gift - -Which of the following does not have an insurable interest in a property? Select one: A. A mortgage company B. A friend who purchased insurance in his own name because the owner refuses to buy insurance C. The son of owner who expects to inherit property D. A mother-in-law who gives cash as a gift B. All of these answers are correct - -What are possible consequences for aiding and abetting an unauthorized insurer? Select one: A. Conviction of a third-degree felony B. All of these answers are correct C. Subject to suspension or revocation of all insurance licenses D. Liability for all unpaid claims of the unauthorized insurer D. Replacement cost less physical depreciation - -Actual Cash Value is best defined as: Select one: A. Replacement cost less tax depreciation B. Original cost less tax depreciation C. Original cost less physical depreciation D. Replacement cost less physical depreciation A. Conducting sales work outside of the agent's office - -A Customers Representative's authority does not include: Select one: A. Conducting sales work outside of the agent's office B. Taking insurance applications, giving quotes, interpreting policies, and giving insurance advice FLORIDA FLORIDA C. Binding new and additional coverages D. Performing preliminary work to assist in processing claims A. All of these answers are correct - -Which of the following are covered as part of Coverage A Bodily Injury and Property Damage of a Commercial General Liability policy? Select one: A. All of these answers are correct B. Liability due to one's products injuring others C. Contingent Liability caused by a subcontractor of the insured D. Liability assumed under a lease contract D. No coverage under the Workers' Compensation policy - -An employee was furnished a company automobile for his business and personal uses. While driving to a movie one evening, his automobile was struck by another vehicle at an intersection. The employee and two members of his family were injured. Which of the following statements is true? Select one: A. All injuries would be covered by Part Two of the policy B. Workers' Compensation policy would pay for employee's injury C. Workers' Compensation policy would pay for employee's injury under Part One and injuries to family members under Part Two (Employer's Liability) D. No coverage under the Workers' Compensation policy B. As little as 7 days, and as long as one year - -There is generally a waiting period before payments begin under a Disability Policy and then monthly benefits are paid for a specified period of time. The waiting period may be: Select one: A. 45 days B. As little as 7 days, and as long as one year C. 10 days D. 20 days A. Mysterious Disappearance - -A Personal Articles Floater in the Inland Marine program excludes all the following except? Select one: A. Mysterious Disappearance B. Wear and Tear C. Inherent Vice D. Insects and vermin B. Comes under the emergency program - -If a community is not approved for Flood Coverage but has applied for admittance, it: Select one: A. Has flood insurance rate maps B. Comes under the emergency program C. Is an eligible community FLORIDA FLORIDA D. Comes under the regular program B. No additional coverage is necessary to protect the neighbor - -Joe, who owns an automobile, wants to borrow his neighbor's van to go on vacation. Both Joe and his neighbor have Personal Auto policies providing Bodily Injury, Property Damage, Personal Injury Protection, Uninsured Motorist, and Physical Damage coverage. The neighbor fears Joe may have a claim, which involves Bodily Injury and/or Property damage. Which of the following can Joe purchase to satisfy his neighbor, if any? Select one: A. Extended Nonowned coverage B. No additional coverage is necessary to protect the neighbor C. Extended Personal Injury Protection D. Increase Uninsured Motorist coverage B. Owned by the insured - -Under a Commercial Property Policy, the Legal Liability coverage does not provide coverage for the insured against damage to which type of property? Select one: A. In the care, custody, and control of the insured B. Owned by the insured C. Leased equipment C. Net profit/loss before taxes including continuing normal operating expenses - Business Income is defined as which one of the following? Select one: A. Net profit/loss before taxes excluding continuing normal operating expenses B. Net profit/loss after taxes plus continuing normal operating expenses C. Net profit/loss before taxes including continuing normal operating expenses D. Net profit/loss after taxes excluding continuing normal operating expenses C. All of these answers are correct - -Describe a MEWA (Multiple-Employer Welfare Arrangement). Select one: A. MEWAs require a Certificate of Authority from the Department of Insurance. B. MEWAs are defined as an arrangement that is established or maintained to provide one or more various insurance benefits (health insurance) to the employees of two or more employers C. All of these answers are correct D. MEWAs (Multiple-Employer Welfare Arrangement) are regulated as risk-bearing entities by the Florida Insurance Code D. Bodily Injury or Property Damage caused by personal activities of the insured or family members anywhere in the world - -Personal Liability (Section III) of a Homeowner's policy covers which of the following? Select one: A. Bodily Injury or Property Damage caused by war FLORIDA FLORIDA B. Bodily Injury to a member of the household by a neighbor's dog C. Damage to the insured's property caused by a visitor D. Bodily Injury or Property Damage caused by personal activities of the insured or family members anywhere in the world D. Domestic servants in private homes - -Which of the following would not be considered an "employment" under the worker's compensation law? Select one: A. One or more employees in the construction industry B. Private employments with four or more employees except in the construction industry C. Governmental employments regardless of the number of employees D. Domestic servants in private homes B. All of these answers are correct - -Under the Commercial Property policy, the Special Causes of Loss Form provides coverage for