Texas Property and Casualty Exam Prep.pdf file:///C:/Users/HP/Desktop/New%20folder%20(2)/Texas%20Prope
Texas Property and Casualty Exam Prep
Questions & Answers
1. Under a Personal Auto policy, which of the following will be paid by supple-
mentary payments provided by Part A?
A
A $250 bail bond
B
A judgment against the insured for damages related to a third party's bodily
injury
C
Medical expenses when the insured's daughter is injured in an auto accidentD
$1,000 for loss of earnings when the insured is disabled
Answer A, A $250 bail bond
2. What is the term for continuous exposure to the same harmful conditions?A
Proximate cause
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B
Risk
C
Accident
D
Occurrence
Answer D, Occurrence
3. Under a Boatowners policy, which of the following is correct about the
deductible?
A
Watercraft policies do not have a deductibleB
The policy's deductible applies per occurrenceC
The deductible only applies to liability claims
D
The policy includes one deductible for collision losses and another deductiblefor
other than collision losses
Answer B, The policy's deductible applies per occurrence
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4. Under the Building and Personal Property Coverage Form, what limit of
insurance applies when coverage is extended to cover business personal
property temporarily away from the premises?
A
$15,000
B
$5,000
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C
$10,000
D
$2,500
Answer C, $10,000
5. If an insured submits a fraudulent claim, the insurer may
A
Void the policy from the beginningB
Cancel the policy with 10 days' notice and retain the unearned premiumC
Cancel the policy immediately
D
Refuse to renew the policy at the expiration of the policy period
Answer A, Void thepolicy from the beginning
6. Part Six - Conditions of a Workers' Compensation and Employers Liability
policy includes which of the following?
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