Free Other Property Insurance Practice Questions
Ohio Property exam (series 11-46) — 73 practice questions.
Subtopics: Ohio FAIR Plan, Inland marine, Agent role, Commercial JUA, Commercial market assistance, NFIP flood, NFIP waiting period, NFIP limits, Difference in conditions, Mobile home policy, Ocean marine implied warranty, General average, NFIP Risk Rating 2.0, NFIP Increased Cost of Compliance, Write Your Own program, Nationwide marine definition, Personal articles floater, Beachfront and windstorm plans, Ocean marine hull coverage, NFIP flood definition, NFIP contents limit, NFIP nonresidential limit, NFIP ICC limit, NFIP waiting exception - loan, NFIP map revision, NFIP building valuation, NFIP contents valuation, NFIP basement, NFIP proof of loss, NFIP lawsuits, NFIP loss avoidance, NFIP Community Rating System, NFIP participating community, NFIP emergency vs regular program, NFIP forms, Inland marine floater, Homeowners vs boat theft, Cargo coverage, Crop insurance, Crop-hail, DIC flood and quake, NFIP, Ocean marine, Farm property, Farm liability, Farm machinery, Inland marine floaters, Scheduled property, FAIR plans, Cyber - first party, Cyber coverage gaps, Cyber coverage forms
Read the Other Property Insurance study guide
Sample questions & answers
1. An Ohio property owner who cannot obtain basic property or homeowners insurance in the normal market may apply to:
The Ohio FAIR Plan Underwriting Association
Anyone with an insurable interest in property at a fixed location who has been unable to obtain basic property or homeowners insurance may apply to the Ohio FAIR Plan.
2. Coverage for property in transit or held by a bailee is:
Inland marine
Inland marine covers property that may be in transit, held by a bailee, at a fixed location, or movable.
3. An Ohio property owner applying to the Ohio FAIR Plan must certify that at least how many insurance companies were contacted and did not offer coverage?
Two
The applicant must certify that at least two insurers were contacted and coverage was not available; FAIR policies include a condition to that effect.
4. Which statement describes an Ohio agent's role with the Ohio FAIR Plan?
The agent must help an owner apply on request but cannot bind the FAIR Plan
On request a licensed agent must assist a property owner in completing an application, but no agent may hold out as the association's agent or bind any risk for it.
Practice: Other Property Insurance
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.
