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NJ PSI Property and Casualty Exam EXAM NEWEST, 2024/ 2025, ACTUAL EXAM QUESTIONS AND CORRECT DETAILED ANSWERS |ALREADY GRADED A

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NJ PSI Property and Casualty Exam EXAM NEWEST, 2024/ 2025, ACTUAL EXAM QUESTIONS AND CORRECT DETAILED ANSWERS |ALREADY GRADED A

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  • 21 de noviembre de 2024
  • 8
  • 2024/2025
  • Examen
  • Preguntas y respuestas

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  • nj psi property and casualty exam exam newest 20

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  • NJ PSI Property and Casualty
  • NJ PSI Property and Casualty

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NJ PSI Property and Casualty Exam EXAM NEWEST,
2024/ 2025, ACTUAL EXAM QUESTIONS AND
CORRECT DETAILED ANSWERS |ALREADY
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) ......answer.....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. ......answer.....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. ......answer.....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. ......answer.....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 ......answer.....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. ......answer.....C. A Gazebo.


Under Homeowners policies, the base deductible applicable to property losses,
Section I, is?
A. $100
B. $250
C. $500
D. $1000 ......answer.....B. $250


The National Flood Insurance Program (NFIP) is a ________ program?
A. State.
B. Municipal.
C. Federal.
D. Worldwide. ......answer.....C. Federal.

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