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PSI Practice Questions Property Casualty Exam Questions and Answers 100% Correct
PSI Practice Questions Property Casualty Exam 
Questions and Answers 100% Correct 
An insured operates a auto repair shop and has a garage coverage form with 
garagekeepers insurance when an employee on a test drive with a customer's car is 
involved in a crash. How will the customer's car be covered by the insured's policy? - 
Correct Answer ️️ -The customer's car is covered for any physical damage while in the 
custody of the insured. 
Liability arising out of any of the following is e...
- Exam (elaborations)
- • 12 pages •
PSI Practice Questions Property Casualty Exam 
Questions and Answers 100% Correct 
An insured operates a auto repair shop and has a garage coverage form with 
garagekeepers insurance when an employee on a test drive with a customer's car is 
involved in a crash. How will the customer's car be covered by the insured's policy? - 
Correct Answer ️️ -The customer's car is covered for any physical damage while in the 
custody of the insured. 
Liability arising out of any of the following is e...
Property & Casualty Exam Questions and Answers 100% Pass
Property & Casualty Exam Questions and 
Answers 100% Pass 
Insurance - Correct Answer ️️ -The transfer of risk from insured to insurer. 
Indemnity - Correct Answer ️️ -To restore policy holder to pre-loss condition; make 
whole. 
- No better - no worse 
Law of Large Numbers - Correct Answer ️️ -▬Insurance companies take on many 
risks with a reasonable assurance of paying a certain number of claims.▬- As number 
of loss exposures increase, difference between actual & expected res...
- Exam (elaborations)
- • 35 pages •
Property & Casualty Exam Questions and 
Answers 100% Pass 
Insurance - Correct Answer ️️ -The transfer of risk from insured to insurer. 
Indemnity - Correct Answer ️️ -To restore policy holder to pre-loss condition; make 
whole. 
- No better - no worse 
Law of Large Numbers - Correct Answer ️️ -▬Insurance companies take on many 
risks with a reasonable assurance of paying a certain number of claims.▬- As number 
of loss exposures increase, difference between actual & expected res...
Utah Property and Casualty Insurance Exam Questions and Answers 100% Pass
Utah Property and Casualty Insurance Exam 
Questions and Answers 100% Pass 
Absolute Liability - Correct Answer ️️ -Liability that arises from an extremely 
dangerous situation. Absolute liability is often found in cases involving explosives. Also 
known as "strict" liability. For ex you are absolutely liable if you keep a wild animal as a 
pet. 
Accident - Correct Answer ️️ -A sudden and unexpected event, occurring at a specific 
time and place. 
Actual Cash Value (ACV) - Correct Answ...
- Exam (elaborations)
- • 15 pages •
Utah Property and Casualty Insurance Exam 
Questions and Answers 100% Pass 
Absolute Liability - Correct Answer ️️ -Liability that arises from an extremely 
dangerous situation. Absolute liability is often found in cases involving explosives. Also 
known as "strict" liability. For ex you are absolutely liable if you keep a wild animal as a 
pet. 
Accident - Correct Answer ️️ -A sudden and unexpected event, occurring at a specific 
time and place. 
Actual Cash Value (ACV) - Correct Answ...
Missed PSI Exam - Property & Casualty Questions and Answers 100% Pass
Missed PSI Exam - Property & Casualty 
Questions and Answers 100% Pass 
Federal Crop Insurance is a type of insurance sometimes called which one of the 
following? - Correct Answer ️️ -residual market insurance 
Homeowner Form HO-2 provides coverage for loss of appliances, carpeting, and other 
household furnishings for a maximum of how much? - Correct Answer ️️ -$2,500 
All of the following are the most commonly used personal inland marine forms EXCEPT 
- Correct Answer ️️ -builder...
- Exam (elaborations)
- • 10 pages •
Missed PSI Exam - Property & Casualty 
Questions and Answers 100% Pass 
Federal Crop Insurance is a type of insurance sometimes called which one of the 
following? - Correct Answer ️️ -residual market insurance 
Homeowner Form HO-2 provides coverage for loss of appliances, carpeting, and other 
household furnishings for a maximum of how much? - Correct Answer ️️ -$2,500 
All of the following are the most commonly used personal inland marine forms EXCEPT 
- Correct Answer ️️ -builder...
Property and Casualty Insurance Licensing Exam Questions and Answers 100% Pass
Property and Casualty Insurance Licensing Exam 
Questions and Answers 100% Pass 
To prevent recovery beyond the amount of the insured's actual loss, the policy will 
contain: - Correct Answer ️️ -An Other Insurance Clause 
Collision coverage of an auto policy covers: 
a) road damage to the tires 
b) upset of the vehicle 
c) frozen engine block 
d) falling objects - Correct Answer ️️ -B) upset of the vehicle 
The maximum amount of payable for all losses resulting from one event is known ...
- Exam (elaborations)
- • 19 pages •
Property and Casualty Insurance Licensing Exam 
Questions and Answers 100% Pass 
To prevent recovery beyond the amount of the insured's actual loss, the policy will 
contain: - Correct Answer ️️ -An Other Insurance Clause 
Collision coverage of an auto policy covers: 
a) road damage to the tires 
b) upset of the vehicle 
c) frozen engine block 
d) falling objects - Correct Answer ️️ -B) upset of the vehicle 
The maximum amount of payable for all losses resulting from one event is known ...
Utah Property and Casualty Insurance Exam Questions and Answers 100% Pass
Utah Property and Casualty Insurance Exam 
Questions and Answers 100% Pass 
Absolute Liability - Correct Answer ️️ -Liability that arises from an extremely 
dangerous situation. Absolute liability is often found in cases involving explosives. Also 
known as "strict" liability. For ex you are absolutely liable if you keep a wild animal as a 
pet. 
Accident - Correct Answer ️️ -A sudden and unexpected event, occurring at a specific 
time and place. 
Actual Cash Value (ACV) - Correct Answ...
- Exam (elaborations)
- • 15 pages •
Utah Property and Casualty Insurance Exam 
Questions and Answers 100% Pass 
Absolute Liability - Correct Answer ️️ -Liability that arises from an extremely 
dangerous situation. Absolute liability is often found in cases involving explosives. Also 
known as "strict" liability. For ex you are absolutely liable if you keep a wild animal as a 
pet. 
Accident - Correct Answer ️️ -A sudden and unexpected event, occurring at a specific 
time and place. 
Actual Cash Value (ACV) - Correct Answ...
Property and Casualty Insurance Exam Prep Questions and Answers 100% Pass
Property and Casualty Insurance Exam Prep 
Questions and Answers 100% Pass 
Insurance - Correct Answer ️️ -the transfer of risk from one party to another 
Indemnity - Correct Answer ️️ -to restore to pre-loss condition. no better, no worse. 
Real Property - Correct Answer ️️ -permanent structures 
Personal Property - Correct Answer ️️ -moveable items 
Peril - Correct Answer ️️ -the cause of a loss 
Casualty Insurance - Correct Answer ️️ -non-property losses of the insured...
- Exam (elaborations)
- • 11 pages •
Property and Casualty Insurance Exam Prep 
Questions and Answers 100% Pass 
Insurance - Correct Answer ️️ -the transfer of risk from one party to another 
Indemnity - Correct Answer ️️ -to restore to pre-loss condition. no better, no worse. 
Real Property - Correct Answer ️️ -permanent structures 
Personal Property - Correct Answer ️️ -moveable items 
Peril - Correct Answer ️️ -the cause of a loss 
Casualty Insurance - Correct Answer ️️ -non-property losses of the insured...
SC State Law Exam Questions and Answers 100% Pass
SC State Law Exam Questions and 
Answers 100% Pass 
South Carolina State Board of Funeral Service consists of - Correct Answer ️️ -11 
members 
Of the 11 members on the South Carolina State Board - Correct Answer ️️ -Two must 
be from the general public and not connected with a funeral service establishment and 
the remaining members must have been licensed as a funeral director and embalmer 
for at least five years and residents of SC for five. 
The South Carolina Funeral Directors Asso...
- Package deal
- Exam (elaborations)
- • 10 pages •
SC State Law Exam Questions and 
Answers 100% Pass 
South Carolina State Board of Funeral Service consists of - Correct Answer ️️ -11 
members 
Of the 11 members on the South Carolina State Board - Correct Answer ️️ -Two must 
be from the general public and not connected with a funeral service establishment and 
the remaining members must have been licensed as a funeral director and embalmer 
for at least five years and residents of SC for five. 
The South Carolina Funeral Directors Asso...
SC Real Estate Review 2024 Questions and Answers 100% Pass
SC Real Estate Review 2024 Questions and 
Answers 100% Pass 
The ___ establishes an agency relationship between the prop owner as principal and 
the brokerage as agent - Correct Answer ️️ -listing agreement 
the LA does which of the following - Correct Answer ️️ -creates an agency relationship 
between the listing brokerage and the property owner 
a brokerage agreement whereby the property owner hires 1+ brokerages, agrees to 
compensate only 1 brokerage who produces a buyer, and reserve...
- Package deal
- Exam (elaborations)
- • 36 pages •
SC Real Estate Review 2024 Questions and 
Answers 100% Pass 
The ___ establishes an agency relationship between the prop owner as principal and 
the brokerage as agent - Correct Answer ️️ -listing agreement 
the LA does which of the following - Correct Answer ️️ -creates an agency relationship 
between the listing brokerage and the property owner 
a brokerage agreement whereby the property owner hires 1+ brokerages, agrees to 
compensate only 1 brokerage who produces a buyer, and reserve...
SC Real Estate PSI Exam Review 2024 Questions and Answers
- Package deal
- Exam (elaborations)
- • 16 pages •
Life Insurance Colorado Exam Questions and Answers 100% Pass
Peer Support Specialist Certification
Fdny A35 Exam Questions and Answers 100% Pass
Relias Dysrhythmia Basic A Exam Questions and Answers
Life Insurance Colorado Exam Questions and Answers 100% Pass