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- Virginia
- Property & Casualty
- Homeowners Policy Concepts
Free Homeowners Policy Concepts Practice Questions
Virginia Property & Casualty exam — 36 practice questions.
Subtopics: Section I and II, Coverage A, Coverage C, Loss of use, Flood exclusion, Personal liability, Medical payments to others, Open peril vs named peril, 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, 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. A homeowners policy is generally divided into:
Section I (property) and Section II (liability)
Homeowners policies contain Section I (property coverages) and Section II (personal liability and medical payments).
2. Under a homeowners policy Coverage A insures:
The dwelling
Coverage A insures the dwelling structure itself.
3. Under a homeowners policy Coverage C insures:
Personal property (contents)
Coverage C insures the insured's personal property/contents.
4. Coverage D (loss of use) in a homeowners policy pays for:
Additional living expenses when the home is uninhabitable due to a covered loss
Coverage D pays additional living expenses and lost rental value when a covered loss makes the home uninhabitable.
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Practice: Homeowners Policy Concepts
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Practice questions are study aids generated for exam preparation and are not actual exam
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