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  2. Alabama
  3. Property & Casualty
  4. Homeowners Policy Concepts

Free Homeowners Policy Concepts Practice Questions

Alabama Property & Casualty exam — 36 practice questions.

Subtopics: Coverage A purpose, Section I vs II, Additional living expense, Open vs named on contents, Loss settlement, Mortgagee clause, Liability medical payments, Wind coverage on coast, Coverage forms, Property coverages, Liability coverages, HO-4 renters, HO-6 condominium, HO-3 special form, HO-5 comprehensive, HO-8 modified, Coverage F medical payments, Coverage E personal liability, Special limits of liability, Loss of use, Scheduled personal property, Coverage B percentage, Coverage C percentage, Section II exclusions, Section I excluded perils

Read the Homeowners Policy Concepts study guide

Sample questions & answers

1. Coverage A under a homeowners policy insures:

The dwelling structure

Coverage A insures the dwelling, including attached structures, under a homeowners policy.

2. Homeowners policies are divided into Section I and Section II, which cover, respectively:

Property coverages and liability coverages

Section I provides property coverages (A-D), and Section II provides liability coverages (E-F).

3. Additional living expense coverage helps pay for:

Increased costs to maintain the household's normal standard of living while displaced

ALE pays the extra costs of living elsewhere while the home is uninhabitable after a covered loss.

4. Under most homeowners forms, personal property is covered on a:

Named perils basis

Most homeowners forms insure personal property against named perils, even when the dwelling is open perils.

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Practice: Homeowners Policy Concepts

Take a randomized, timed-style practice test. Answer choices are shuffled and your results are scored instantly with an explanation for every question.

Practice questions are study aids generated for exam preparation and are not actual exam questions. Content is provided for educational purposes and is not legal advice. Verify current statutes, rules, and exam specifications with the Insurance Department and the exam administrator before relying on it.