ARKANSAS PROPERTY AND CASUALTY
INSURANCE EXAM 2024 ACTUAL EXAM
COMPLETE 250 QUESTIONS WITH
DETAILED VERIFIED ANSWERS (100%
CORRECT ANSWERS) / ALREADY
GRADED A+
A second negligent act that interferes with the chain
of events leading to a loss is known as a(n): -
....ANSWER...Intervening cause
The provision the establishes the method by which
coverage will be applied if other insurance applies to
the loss, is sometimes called: - ....ANSWER...The pro
rata liability provision
A manufacturer is held liable if a product caused an
injury whether the product was or was not defective.
This describes what type of liability? -
....ANSWER...Strict liability
,2|Page
The time period in which a lawsuit may be filed after
the occurrence of a claim is referred to as: -
....ANSWER...Statue of limitations
Which of the following is defined as the failure to act
in a reasonable and prudent manner ? -
....ANSWER...Negligence
K gets a horrible rash after using wrinkle-
prevention cream for 2 months. This is considered: -
....ANSWER...An occurrence
Water damaged caused by which of the following is a
covered loss under the dwelling policy? -
....ANSWER...Discharge caused by a plumbing failure
Which is true of the dwelling policy special form? -
....ANSWER...Contents are covered on an actual cash
value basis
Which of the following is true regarding coverage of
trees, shrubs or plants under the dwelling policies? -
,3|Page
....ANSWER...Damage to plants by wind, hail, weight
of ice, snow or sleet is not covered
Under which form is the coverage B limit included in
the overall policy limit represented by coverage A? -
....ANSWER...DP-1
Which of the following coverages is not included in
the Basic Dwelling Form? - ....ANSWER...Additional
living expenses
The limited theft coverage endorsement to the DP is
used under which of the following circumstances? -
....ANSWER...The insured dwelling is tenant-occupied
Which of the following perils is not covered under
the dwelling broad form? - ....ANSWER...Smoke
damage from industrial operations
Which statement is true concerning dwelling
policies? - ....ANSWER...The Special Form insures the
dwelling on an open perils basis, and insures the
contents against the broad form perils
, 4|Page
Which of the following is true regarding personal
liability supplement? - ....ANSWER...It provides
coverage for claim expenses, first aid expenses and
damage to property of others
Under the property removed coverage extension of a
dwelling policy, which of the following is incorrect? -
....ANSWER...Policy will not provide any coverage
while the insured property is being removed from
endangered property
All of the following are covered perils under the
extended coverage endorsement to the DP-1, except:
- ....ANSWER...Weight of ice, snow, or sleet
All of the following statements are correct regarding
coverage E, except: - ....ANSWER...Coverage E is
available under all dwelling policy forms
Which form would not insure against external
explosion? - ....ANSWER...Unendorsed DP-1
Policyholder N insurers his owner-occupied home
under dwelling property policy (DP-3) with a limit of
$100,000. If the dwelling is damaged in a fire, what is
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