Florida Insurance Claims Adjuster
Certification Exam 100% Correct *Q&A*
2025 Release!!
Does a standard homeowners insurance policy cover theft? If so, does it require an additional
endorsement to include this coverage?
Yes, the homeowners insurance policy does cover theft as part of the...
Florida Insurance Claims Adjuster
Certification Exam 100% Correct *Q&A*
2025 Release!!
Does a standard homeowners insurance policy cover theft? If so, does it require an additional
endorsement to include this coverage?
Yes, the homeowners insurance policy does cover theft as part of the standard coverage, and no
additional endorsement is necessary for this coverage.
If a homeowner experiences a fire and decides to move some of their belongings, such as a television, to
a neighbor's house for safety, how long will the insurance policy cover these items while they are at the
neighbor's location?
The homeowner's insurance policy will cover the contents at the new location (such as the
neighbor's house) for up to 30 days after they have been relocated due to a covered loss, such as a fire.
Are the costs associated with debris removal covered by dwelling policies? If so, are there any conditions
under which this coverage applies?
Yes, all dwelling policies do cover the cost of debris removal, but it is important to note that this
coverage is only provided if the debris results from a covered loss, such as damage from a fire or storm.
Which specific dwelling policies offer coverage for the collapse of a building, and under what
circumstances does this coverage apply?
Coverage for the collapse of a building is available under dwelling policies DP-2 and DP-3. These
policies cover the collapse of a building when the collapse is due to a covered peril, such as a major
storm or structural failure due to a covered cause.
Do dwelling policies automatically include liability coverage as part of the policy?
No, dwelling policies do not include liability coverage as part of the policy. Liability coverage needs
to be purchased separately or through an endorsement.
What is the maximum amount that a homeowners insurance policy will reimburse for fire department
service charges if a fire occurs at the insured's property?
1
, The homeowners policy will reimburse the insured up to $500 for fire department charges
incurred in fighting a fire on the insured property.
Is the homeowners insurance policy considered a "package policy," and what does that mean in terms of
coverage?
Yes, the homeowners policy is considered a package policy because it combines both property
coverage and liability coverage into a single, comprehensive policy, providing protection for both the
dwelling and the insured's legal liabilities.
Between a homeowners policy and a dwelling policy, which one is considered more beneficial for a
typical homeowner, and why?
The homeowners policy is generally considered more beneficial for a typical homeowner because
it is more comprehensive, offering both property and liability coverage, making it more efficient and
reducing potential gaps in coverage that might exist in a dwelling policy.
What are the specific requirements for a property to qualify for homeowners insurance, such as
occupancy status and type of dwelling?
For a property to qualify for homeowners insurance, it must be owner-occupied, and the dwelling
can contain up to four family units. The property must also meet specific criteria regarding its condition
and use.
When adding an endorsement for motor home coverage to a homeowners policy, what is the coverage
limit for collision damage and transportation costs?
When a motor home endorsement is added to a homeowners policy, the policy will cover up to
$500 for both collision damage and transportation costs associated with moving the motor home.
What are the minimum size requirements for a mobile home to be eligible for homeowners insurance
coverage?
To qualify for homeowners insurance coverage, a mobile home must be at least 40 feet in length
and 10 feet in width to meet the eligibility requirements set by most insurance providers.
Which specific homeowners insurance policy form allows you to insure property for its market value, and
what are the key features of this policy?
2
, The HO-8 Basic homeowners insurance policy is the only policy form that allows you to insure
property for its market value, providing coverage based on the current market price of the property
rather than its replacement or repair cost.
What makes the HO-5 Comprehensive homeowners policy the best choice for providing full coverage for
a house and its contents?
The HO-5 Comprehensive homeowners policy is the best form for house coverage because it
offers "all-risk" coverage for both the dwelling and personal property, meaning it covers all types of loss
unless explicitly excluded by the policy.
Which homeowners policy form is specifically designed for renters, and what does it cover?
The HO-4 Tenant Form is designed specifically for renters, providing coverage for the renter’s
personal contents and liability, but it does not provide Coverage A (dwelling) or Coverage B (other
structures) because those are not necessary for renters.
Which homeowners policy form covers the contents of condo units, and what are the primary areas of
coverage under this form?
The HO-6 Condo Broad Form provides coverage for the contents of condo units. It covers personal
property owned by the condo owner and includes liability coverage, but it does not cover the structure
of the building itself, as that is typically covered by the condo association's insurance.
Which homeowners insurance policy covers any renovations or upgrades made by a condo owner to
their unit, and how does this coverage work?
The HO-6 Condo Broad Form includes coverage for renovations and upgrades made by a condo
owner, through the "Additions and Alterations" provision. This ensures that any improvements or
changes made to the condo are covered by the policy.
How is negligence defined in the context of insurance, and what is required for someone to be
considered negligent under the law?
Negligence in insurance terms refers to the failure to exercise reasonable care to avoid causing
harm or loss to others. To be considered negligent, an individual must have had control over the
circumstances that led to another person’s loss, such as failing to fix a dangerous condition on their
property.
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