NJ PSI PROPERTY AND CASUALTY EXAM 2024 QUESTIONS WITH COMPLETE SOLUTIONS VERIFIED GRADED A+

NJ PSI PROPERTY AND CASUALTY EXAM 2024

QUESTIONS WITH COMPLETE SOLUTIONS VERIFIED

GRADED A+

The Mobile Home Endorsement of a Homeowners policy affords coverage to

mobile homes under the?

A. HO-1 (Basic Form)

B. HO-2 (Broad Form)

C. HO-3 (Special Form)

D. HO-2 or HO-3 (Broad and Special)

D. HO-2 or HO-3 (Broad and Special)

All of the following are eligible for coverage under Homeowners policy except?

A. A condominium unit owner.

B. A farm owner.

C. A mobile home owner.

D. A tenant in an apartment building.

B. A farm owner.

The term Insured Location under Section II of Homeowners policies refers to all

of the following except?

A. The insured premises.

, B. Farm land.

C. A non-owned premises where an insured temporarily resides.

D. A newly-acquired premises.

B. Farm land.

All of the following would be considered insured's under a Homeowner's policy

expect?

A. Resident relatives of the insured.

B. A non-relative resident under age 21 in the care of the insured.

C. The insured's spouse if the spouse lives in the household.

D. A non-relative resident over age 21.

D. A non-relative resident over age 21.

All of the following homeowners policies provide dwelling coverage except?

A. HO-2

B. HO-3

C. HO-4

D. HO-1

C. HO-4

Dwelling coverage A includes all of the following except?

A. The dwelling.

B. The deck on the back of the dwelling.

C. A Gazebo.

D. Construction materials on the residence premises for use in the repair of the

dwelling.