1. Exam Prep
  2. Missouri
  3. Property & Casualty
  4. Homeowners Policy Concepts

Free Homeowners Policy Concepts Practice Questions

Missouri Property & Casualty exam — 36 practice questions.

Subtopics: Coverage B, Additional living expense, Open-peril dwelling, Other insurance condition, Duties after loss, Intentional acts, Med pay scope, Inflation guard, 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 B in a homeowners policy insures:

Other structures, such as a detached garage

Coverage B insures other structures on the premises that are separated from the dwelling, like a detached garage or fence.

2. Additional living expense coverage is triggered when:

A covered loss makes the residence uninhabitable

Additional living expense coverage pays increased living costs when a covered loss makes the home uninhabitable.

3. The perils insured against for an HO-3 dwelling are written on a(n):

Open-peril basis

The HO-3 insures the dwelling on an open-peril (special form) basis, covering risks not specifically excluded.

4. The other insurance condition in a homeowners policy addresses:

How losses are handled when more than one policy applies

The other insurance condition explains how a loss is shared when more than one policy covers it.

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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.