Pearson VUE Property Insurance EXAM NEWEST 300 QUESTIONS AND VERIFIED SOLUTIONS LATEST UPDATE THIS YEAR

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Pearson VUE Property Insurance EXAM NEWEST 300

QUESTIONS AND VERIFIED SOLUTIONS 2026-2027

LATEST UPDATE THIS YEAR
QUESTION: The National Flood Insurance Program provides coverage for losses caused by all of

the following occurrences EXCEPT:




A. mudslides




B. runoff from heavy rain




C. overflow of tidal waters




D. water-main breakage - ANSWER-D




QUESTION: Special Form or Open Perils coverage:

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A. Provides coverage against the named perils




B. Provides coverage against scheduled risks




C. Is limited by the named exclusions




D. Includes no exclusions - ANSWER-C




QUESTION: Which of the following businesses would be eligible for a Businessowners policy?




A. Auto body shop




B. Theater




C. Branch bank

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D. Barber shop - ANSWER-D




QUESTION: During a tornado, a barn is destroyed when a section of its wall is blown down,

knocking over a lantern, which sets the barn on fire. The proximate cause of loss is the:




A. fire




B. collapse of the wall




C. tornado




D. smoke - ANSWER-C




QUESTION: A fire in an insured's restaurant burns the kitchen walls and causes smoke damage

to the entire interior. Water used to extinguish the fire causes extensive damage to floors and

furnishings. The water damage is best described as:

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A. a time element loss




B. a consequential loss




C. a direct loss




D. an indirect loss - ANSWER-C




QUESTION: Which of the following terms is defined as the uncertainty of future outcome?




A. Risk




B. Hazard




C. Peril