Free Homeowners Policy Concepts Practice Questions
Ohio Property & Casualty exam (series 11-36) — 80 practice questions.
Subtopics: Return premium, Coverage A, Coverage C, Personal liability, Flood exclusion, Replacement cost condition, Loss of use, Underinsurance, Coverage forms, Coverage C territory, Liability coverages, Property coverages, Coverage D limit, Coverage E limit, Coverage F limit, 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, Scheduled personal property, Coverage B percentage, Self-storage limit, Section II exclusions, Section I excluded perils, Definitions, Special limits, Personal property, Additional coverages, Perils insured against, Section I exclusions, Conditions, Section II additional coverages, Selected endorsements, Scheduled property endorsement, HO-6 special coverage, Replacement cost endorsement, HO-5 special limits, HO-5 Coverage C, HO-5 loss settlement
Read the Homeowners Policy Concepts study guide
Sample questions & answers
1. Under the ISO homeowners policy (HO 00 03), when the policy is canceled, the premium for the period from cancellation to expiration is refunded:
Pro rata
The HO-3 cancellation condition provides that the unearned premium will be refunded pro rata.
2. On the ISO homeowners form HO 00 03, Coverage A insures:
The dwelling and attached structures
Coverage A covers the dwelling on the residence premises, including structures attached to it; detached structures are Coverage B.
3. Coverage C on the ISO HO-3 applies to:
Personal property
Coverage C covers personal property owned or used by an insured anywhere in the world.
4. Coverage E (personal liability) on the ISO HO-3 responds when:
A suit is brought against an insured for bodily injury
Coverage E applies if a claim is made or suit brought against an insured for damages because of bodily injury or property damage caused by an occurrence.
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Practice: Homeowners Policy Concepts
Answer choices are shuffled every time, and every question comes with an explanation.
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.
