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AU 61 2020 Exam Questions and Answers All Correct (Already Graded A+)
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AU 61 2020 Exam Questions and Answers All Correct (Already Graded A+) Specific construction information is available from a number of sources, which enables underwriters to make informed decisions on commercial property accounts. From which one of the following sources will an underwriter most lik...

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  • September 22, 2024
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  • 2024/2025
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AU 61 2020 Exam Questions and
Answers All Correct (Already
Graded A+)
Specific construction information is available from a number of sources, which enables
underwriters to make informed decisions on commercial property accounts. From which
one of the following sources will an underwriter most likely learn the construction type of
the building for a mid-size commercial account?

A. Building codes
B. Application
C. Insurance advisory organization
D. Risk control survey and report - Answer ✔ B. Application

Commercial property insurance underwriters can rate an account a couple of different
ways. A type of insurance rate that applies to all insureds in the same rating category is
a

A. Custom rate.
B. Class rate.
C. Schedule rate.
D. Group rate - Answer ✔ B. Class rate.

Building codes can provide an underwriter with information regarding the construction of
buildings erected under the provisions of those codes. Well-designed and properly
enforced building codes can reduce insured losses. A local ordinance that establishes
criteria that a building's structural components must meet is a

A. Prescriptive code.
B. Community code.
C. Performance code.
D. Municipal code. - Answer ✔ C. Performance code.

Flame spread classifications provide references that building planners can use for
different

A. Construction types.
B. Building designs.

,C. Fire barriers.
D. Interior finishes. - Answer ✔ D. Interior finishes.

Fuel load is usually expressed as weight of combustible material per

A. Square inch.
B. Exposure unit.
C. Square foot.
D. Building. - Answer ✔ C. Square foot.

It is important for an underwriter to understand how the materials of a building are rated
for their fire resistance and flame spread ability. Flame spread refers to how readily
flames spread

A. Across the building's exterior materials, such as from exterior walls to the building's
roof.
B. Vertically through a building's materials, from one floor to the one above or below.
C. Horizontally across the surfaces of a building's materials, such as from one room to
another.
D. From the building's interior to its exterior elements, putting neighboring structures at
risk. - Answer ✔ C. Horizontally across the surfaces of a building's materials, such as
from one room to another.

Under NFPA Standard No. 251, Standard Methods of Tests of Fire Endurance of
Building Construction and Materials, structural elements of a building are exposed to fire
in a carefully controlled environment to evaluate and classify their fire-resistance
capabilities. The fire resistance rating obtained from this testing is a measure of the

A. Time that the materials tested can survive with their structural integrity intact.
B. Time that the materials tested can survive a fire unscathed.
C. Degree of damage in terms of deformation, flaking, cracking, and smoke generated.
D. Degree of heat temperature that will cause the materials to combust. - Answer ✔ A.
Time that the materials tested can survive with their structural integrity intact.

Which one of the following has the greatest effect on how different types of construction
are classified?
Select one:
A. Materials used for load-bearing components
B. Flame spread of contents
C. Fuel load for combustible material
D. Structures adjacent to the building - Answer ✔ A. Materials used for load-bearing
components

he structural materials of a building and the arrangement of those components
determine a building's ability to withstand damage, including collapse. A property

,insurance application for an 8-story office building states that it has curtain walls. By
this, the underwriter knows that the building's weight is
Select one:
A. Supported by load-bearing exterior walls.
B. Supported by interior load-bearing partition walls.
C. Supported by interior columns connected by non-load-bearing partition walls.
D. Distributed between the interior and exterior walls to spread the load. - Answer ✔ B.
Supported by interior load-bearing partition walls.

Fire-resistive construction is one of the six construction classifications. Which one of the
following statements is true regarding fire resistive construction?
Select one:
A. Fire-resistive buildings must have structural components that either resist fire in
excess of two hours, or are covered with a noncombustible material such as plaster or
gypsum.
B. Fire-resistive buildings can contain solid masonry structural components including
reinforced concrete, but cannot contain joist systems or hollow masonry block.
C. Fire-resistive construction is considered essentially fireproof, because its structural
components and building materials can resist a fire's intense heat.
D. Fire-resistive construction is the best from a fire underwriting perspective, but is often
not the best with regard to preventing damage from other causes of loss. - Answer ✔ A.
Fire-resistive buildings must have structural components that either resist fire in excess
of two hours, or are covered with a noncombustible material such as plaster or gypsum.

Marilyn, an underwriter, is reviewing an application for commercial property insurance
that states the building construction classification as masonry noncombustible. She
finds that this classification is incorrect, however, because the application describes the
building structure as having concrete exterior walls that are load-bearing and have a
one-hour fire resistance rating, and wood floors and roof. Marilyn is most likely to
consider which one of the following construction classifications as more appropriate for
her underwriting purposes?
Select one:
A. Frame
B. Joisted masonry
C. Noncombustible
D. Modified fire-resistive - Answer ✔ B. Joisted masonry

A building owner rents its property to an auto dealership. The property is damaged and
temporarily unavailable for a period during which the dealership pays no rent. From the
building owner's perspective, this is an example of:
A. Lost income.
B. A cause of loss.
C. A period of restoration.
D. An extra expense. - Answer ✔ A. Lost income.

All of the following are financial consequences of property loss exposures, EXCEPT:

, A. Extra expenses
B. Lost income
C. Property value reduction
D. Causes of loss - Answer ✔ D. Causes of loss

Property insurance policies usually cover some property that is not contained within the
building. For this reason, most property policies use which one of the following terms?

A. Floating property
B. Real property
C. Personal property
D. Contents - Answer ✔ C. Personal property

Which one of the following is most likely to be considered real property as opposed to
personal property?

A. Property in transit
B. Furniture
C. Floating property
D. Wall-to-wall carpeting - Answer ✔ D. Wall-to-wall carpeting

To refer to items such as furniture and stock, most property insurance policies use the
term

A. Floating property.
B. Real property.
C. Personal property.
D. Contents. - Answer ✔ C. Personal property.

Which one of the following is considered to be personal property as opposed to real
property?

A. Land
B. Furniture
C. A building's elevator
D. A building's plumbing fixtures - Answer ✔ B. Furniture

In insurance terminology, property being shipped by aircraft is considered to be

A. Contents.
B. Floating property.
C. Property in the possession of others.
D. Property in transit. - Answer ✔ D. Property in transit.

All of the following are components of a property loss exposure, EXCEPT:

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