Nj property Study guides, Class notes & Summaries

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 ...

NJ Property Producer Exam 2023 – 2024

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 ...

NJ property insurance law Exam with complete solutions In New Jersey, and insurer must provide at least______ advance notice for cancellation of property coverages for nonpayment of premium 10 days The employment of another producer by a producer is subject to all of the following requirements, except a. the employer shall examine the credentials of the kinds of business described in the contract. b. the employer shall be responsible for the insurance related conduct of the employee ...

NJ real estate exam questions and answers 100% pass Which of the following is a permitted free offering? o- A. A complimentary home warranty with every listing B. A coupon for a discounted commission on listing services C. A free dinner for attendees at a homebuyers' evening seminar D. Free use of a local moving van for all listings C. A Free dinner for attendees at a homebuyers' evening seminar Depreciation usually applies to . A. the building only. B. the land only. C. both the land ...

Risk - ANSWER-the chance or uncertainty of loss Risk - ANSWER-used within the insurance industry to refer to the subject of the insurance policy Possibility of loss - ANSWER-the concept of risk involves ___________________ Insurance - ANSWER-a formal social device used to accomplish the transfer of risk from an insured to the insurer Insurance policy - ANSWER-a legal contract in which the premium paid represents a small certain cost exchanged so that the insurer will cover the possib...

NJ Core Applicator Test 180 questions and verified answers 2023. 1. Applicators of all pesticides or their supervisors must have state certification.T/F: True 2. Pesticide applicators may be classified as private applicators if they apply pesticides a) only on their own property b)to produce agricultural commodities primarily on the property of other people c) to produce agricultural commodities on their own property d) on the property of others for hire and their own property: c) to p...

NJ PSI PROPERTY AND CASUALTY FINAL EXAM 2024 | ACCURATE CURRENTLY TESTING EXAM QUESTIONS WITH A PREDICTED EXAM BANK AND A STUDY UIDE | ACCURATE AND EXPERT VERIFIED FOR GUARANTEED PASS | LATEST UPDATE

NJ DMV Knowledge Test - Top 150 Questions And Answers With Verified Solutions To register a vehicle in New Jersey, you must be age _____ or older. Correct Answer: 17 You may avoid a traffic signal by driving on public or private property: Correct Answer: If an officer directs you to do so. The Implied Consent Law Correct Answer: Drivers consent to a breath test when suspected of drinking and driving. A five-ounce glass of wine contains the same amount of alcohol as: Correct Answer: One...