Personal Insurance – Simulated exam
An occurrence as defined in the HO-3 policy is Select one:A. A claim.B. A loss.C. An accident.D. An event. Correct. An occurrence is an accident,...
An occurrence as defined in the HO-3 policy is Select one:A. A claim.B. A loss.C. An accident.D. An event. Correct. An occurrence is an accident,...
Defense costs coverage is included under Section II—Liability Coverages in the HO-3 policy. This coverage Select one:A. Is excluded if the suit against the insured...
In the HO-3 policy, Coverage A—Dwelling coverage applies to three broad categories of covered property. One of these broad categories is Select one:A. Personal property...
The Snyder family purchased a three wheel all-terrain vehicle (ATV) for their children to use on an open field behind their property. Which one of...
One policy definition in the Personal Auto Policy (PAP) includes four classes of vehicles. This description of vehicle classes is found in which one of...
Which one of the following is considered real property? Select one:A. An automobileB. A houseC. FurnitureD. A motorhome Correct. Real property includes tangible property consisting...
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