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Personal lines Exam Questions And Answers 100% Pass

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Personal lines Exam Questions And Answers 100% Pass Because Kenny and Laura's new home is mortgaged, what must be listed on the declarations page? - answerC The mortgagee's name and address Which part of a homeowners insurance policy personalizes the contract? - answerDeclarations Duties of th...

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  • November 12, 2024
  • 11
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • Personal Lines
  • Personal Lines
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Thebright
©THEBRIGHT EXAM SOLUTIONS

11/8/2024 12:08 PM


Personal lines Exam Questions And Answers
100% Pass



Because Kenny and Laura's new home is mortgaged, what must be listed on the declarations page? -
answer✔C The mortgagee's name and address

Which part of a homeowners insurance policy personalizes the contract? - answer✔Declarations

Duties of the insurer found in homeowners property policy conditions include all of the following except
- answer✔notify the insured in the event of a financial difficulty

What is the basic limit under coverage F medical payments to others on in HO policy? - answer✔A $500
Per person



B $1,000 Per person



C $5,000 Per person******************



D $10,000 Per person

Nestor's living room flooded after a pipe burst. Nestor's has a homeowners policy that covers personal
property which of the following would not be covered under the contents provisions of Nester's policy?
- answer✔D damage done to the floors and walls

Which interest is awarded to an insured by a court for damages under the part a liability coverage of a
personal auto policy? - answer✔A accrued interest



B savings interest



C prejudgment interest***************

, ©THEBRIGHT EXAM SOLUTIONS

11/8/2024 12:08 PM


D deffered interest

BART lives near a nuclear power plant. There is a terrible accident, and a reactor explodes, causing a
great deal of damage to surrounding homes including parts. Regarding medical coverage is provided by
section 2, coverages E and F, which of the following is true? - answer✔A this incident would be covered
for 100% of the medical cost



B this incident would not be covered****************



C this incident not be covered up to $20,000



D this incident would be covered up to $50,000

Which of the following is a covered peril under a homeowners policy if it is caused The collapse of a
building? - answer✔A Hidden Decay**************



B shrinking of clay bases



C settling of the foundation



D cracking of exterior walls

Which section of a contract is preceded by a statement explaining the services provided by an insurance
company when premiums are paid as shown in the policy? - answer✔agreement

Meg and Rick's apartment was damaged and a fire. They carry an H04 policy on the contents. What part
of the policy would cover the cost associated with staying in another dwelling while the apartment is
being repaired? - answer✔Coverage D loss of use

Which of the following is not a major loss exposure for unit owners covered on age of six? -
answer✔Loss of personal property

And automobile policy has limits of 100/300/50. The 100 means - answer✔The maximum limit for bodily
injury claims that can be paid for one person

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