Florida Personal Lines Exam Questions and Answers 100% Verified
Question :Under Part A of a Personal Auto Policy, which of
the following losses would be covered?
A.) Damage to property being transported by the insured B.) Damage to a neighbor's parked car C.) Damage to a neighbor's lawn mower in the care of the insured D.) Damage to the home the insured owns
Correct answer:B.) Damage to a neighbor's parked car
Question :Which of the following is true regarding the Fine
Arts Floater?
A.) Coverage is limited to the United States, Canada, and Mexico B.) Coverage is primarily for stamps and coins C.) It provides automatic coverage on newly acquired items for 90 days
D.) It settles losses on an ACV basis
Correct answer:C.) It provides automatic coverage on newly
acquired items for 90 days
Question :All of the following statements are correct about a
Homeowners Policy, except:
A.) Home schooling is covered under a Homeowners Policy B.) Coverage D of a Homeowners Policy includes loss of income from an incidental business C.) A Homeowners Policy will not cover theft of a boat away from premises D.) Coverage D of a Homeowners Policy covers additional living expenses
Correct answer:B.) Coverage D of a Homeowners Policy
includes loss of income from an incidental business
Question :Under disability income insurance, a monthly
benefit will be ________ of the insured's monthly income.
A.) 80 1/2%
B.) 66 2/3%
C.) 70 2/3%
D.) 50 3/4%
Correct answer:B.) 66 2/3%
Question :All of the following items of property are
considered property not covered under Coverage C of a
Homeowners policy, except:
A.) Credit cards B.) Personal property of a guest C.) Pets D.) Personal property of a tenant
Correct answer:B.) Personal property of a guest
Question :Which of the following is NOT a purpose of
licensing?
A.) For the applicant to be familiar with the Florida insurance laws B.) To authorize and enable the licensee to actively and in good faith engage in the insurance business as an agent C.) To facilitate the public supervision of such activities in the public interest D.) To authorize the agent to insure risks
Correct answer:D.) To authorize the agent to insure risks
Question :Liability coverage provided by a Personal Auto
policy would cover which of the following damages?
A.) Damage to property being transported by the insured in a covered auto B.) Damage to a private garage rented to the insured, caused by the insured's child driving a covered auto C.) Damage to a neighbor's riding lawn mower that is in the care of the insured D.) Damage to a storefront caused by a valet driver operating a covered auto
