NJ PSI Property and Casualty Exam.Final Test
2026\2027.
The Mobile Home Endorsement of a Homeowners policy affords coverage to mobile homes under
the?
A. HO-1 (Basic Form)
B. HO-2 (Broad Form)
C. HO-3 (Special Form)
D. HO-2 or HO-3 (Broad and Special)
D. HO-2 or HO-3 (Broad and Special)
All of the following are eligible for coverage under Homeowners policy except?
A. A condominium unit owner.
B. A farm owner.
C. A mobile home owner.
D. A tenant in an apartment building.
B. A farm owner.
The term Insured Location under Section II of Homeowners policies refers to all of the following
except?
A. The insured premises.
B. Farm land.
C. A non-owned premises where an insured temporarily resides.
D. A newly-acquired premises.
B. Farm land.
All of the following would be considered insured's under a Homeowner's policy expect?
A. Resident relatives of the insured.
B. A non-relative resident under age 21 in the care of the insured.
C. The insured's spouse if the spouse lives in the household.
D. A non-relative resident over age 21.
D. A non-relative resident over age 21.
All of the following homeowners policies provide dwelling coverage except?
A. HO-2
B. HO-3
C. HO-4
D. HO-1
, NJ PSI Property and Casualty Exam.Final Test
2026\2027.
C. HO-4
Dwelling coverage A includes all of the following except?
A. The dwelling.
B. The deck on the back of the dwelling.
C. A Gazebo.
D. Construction materials on the residence premises for use in the repair of the dwelling.
C. A Gazebo.
Under Homeowners policies, the base deductible applicable to property losses, Section I, is?
A. $100
B. $250
C. $500
D. $1000
B. $250
The National Flood Insurance Program (NFIP) is a ________ program?
A. State.
B. Municipal.
C. Federal.
D. Worldwide.
C. Federal.
All of the following are optional coverage's under Homeowners policies except?
A. Personal Property Replacement Cost coverage.
B. Increased coverage limits from items suck as jewelry, furs, and silverware.
C. Loss of Use coverage.
D. Earthquake coverage.
C. Loss of Use Coverage.
The National Flood Insurance Program (NFIP) standards are set by, and the Program is
administered by, the?
A. National Flood Management Association (NFMA)
B. National Emergency Standards Agency (NESA)
C. Federal Flood Coverage Association (FFCA)
D. Federal Emergency Management Agency (FEMA)
D. Federal Emergency Management Agency (FEMA)
Under Homeowners policies, which of the following is/are considered optional property coverage
endorsement(s)?
2026\2027.
The Mobile Home Endorsement of a Homeowners policy affords coverage to mobile homes under
the?
A. HO-1 (Basic Form)
B. HO-2 (Broad Form)
C. HO-3 (Special Form)
D. HO-2 or HO-3 (Broad and Special)
D. HO-2 or HO-3 (Broad and Special)
All of the following are eligible for coverage under Homeowners policy except?
A. A condominium unit owner.
B. A farm owner.
C. A mobile home owner.
D. A tenant in an apartment building.
B. A farm owner.
The term Insured Location under Section II of Homeowners policies refers to all of the following
except?
A. The insured premises.
B. Farm land.
C. A non-owned premises where an insured temporarily resides.
D. A newly-acquired premises.
B. Farm land.
All of the following would be considered insured's under a Homeowner's policy expect?
A. Resident relatives of the insured.
B. A non-relative resident under age 21 in the care of the insured.
C. The insured's spouse if the spouse lives in the household.
D. A non-relative resident over age 21.
D. A non-relative resident over age 21.
All of the following homeowners policies provide dwelling coverage except?
A. HO-2
B. HO-3
C. HO-4
D. HO-1
, NJ PSI Property and Casualty Exam.Final Test
2026\2027.
C. HO-4
Dwelling coverage A includes all of the following except?
A. The dwelling.
B. The deck on the back of the dwelling.
C. A Gazebo.
D. Construction materials on the residence premises for use in the repair of the dwelling.
C. A Gazebo.
Under Homeowners policies, the base deductible applicable to property losses, Section I, is?
A. $100
B. $250
C. $500
D. $1000
B. $250
The National Flood Insurance Program (NFIP) is a ________ program?
A. State.
B. Municipal.
C. Federal.
D. Worldwide.
C. Federal.
All of the following are optional coverage's under Homeowners policies except?
A. Personal Property Replacement Cost coverage.
B. Increased coverage limits from items suck as jewelry, furs, and silverware.
C. Loss of Use coverage.
D. Earthquake coverage.
C. Loss of Use Coverage.
The National Flood Insurance Program (NFIP) standards are set by, and the Program is
administered by, the?
A. National Flood Management Association (NFMA)
B. National Emergency Standards Agency (NESA)
C. Federal Flood Coverage Association (FFCA)
D. Federal Emergency Management Agency (FEMA)
D. Federal Emergency Management Agency (FEMA)
Under Homeowners policies, which of the following is/are considered optional property coverage
endorsement(s)?
